Question 1

What is iREET?

Accepted Answer

iREET is a vault-backed token issued by the RAAC ecosystem that represents tokenized, income-producing real estate. Each iREET share is backed 1:1 by property NFTs held in an ERC-4626 vault on Ethereum, providing transparent, verifiable exposure to on-chain real estate collateral.

Question 2

How is iREET backed by real estate?

Accepted Answer

iREET is backed by income-producing properties tokenized as NFTs and held in a dedicated vault custodian contract. The vault maintains a 1:1 relationship between iREET shares and the underlying property collateral. NAV per share is calculated on-chain via the ERC-4626 vault's convertToAssets function, reflecting the total value of properties held.

Question 3

What is the ERC-4626 vault structure?

Accepted Answer

iREET uses the ERC-4626 tokenized vault standard. The iREET token represents shares in the vault, while property NFTs are held by a separate custodian contract. A price oracle provides property valuations, and the vault's NAV per share reflects the aggregate value of all properties currently backing iREET.

Question 4

How can I verify properties and collateral?

Accepted Answer

The iREET dashboard at ireet.raac.io displays live on-chain metrics including NAV per share, total value locked, and a table of all property NFTs in the vault. Each property links to the RAAC Marketplace and includes BPO (Broker Price Opinion) reports for ownership documentation. Contract addresses are published on the Transparency section and verifiable on Etherscan.

Question 5

What blockchain and contracts power iREET?

Accepted Answer

iREET is deployed on Ethereum Mainnet. Key contracts include the iREET Token (0xe6a60d2886b11256C24C128210159133096e5CcF), Vault ERC-4626 (0x575fFB62F712410A4ECa56C2Eb37596cEc3cc732), Property NFT (0xA8390c2BE8a42E32a6c06522FD31EC5dd78823E4), NFT Custodian (0xB1b35C62B99a450c474e9dAd75fA121d3Daa1d34), and Price Oracle (0x1a97dAd63F29974aA4a54d4E337C183eD1545A70).

Question 6

Are the smart contracts audited?

Accepted Answer

Yes. The iREET smart contracts were audited by Pashov Audit Group. All audit reports are available in the RAAC audits repository at github.com/gundam-foundation/audits.

Property	Current Value	Prev Value	Change %	% of TLV	Monthly Rent	Last Updated

Real buildings.Real rent.On-chain.

$iREET

Overview

Curve pools

NAV

Properties

Transparency

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