Economic Model

Economic Model: Maximizing Investor Returns Through Direct Equity Participation

At OASES, our capital structure is engineered to optimize investor yield and transparency. Each security token confers a direct equity ownership stake in an income-generating real asset, providing access to both net rental income and capital gains, without exposure to operational liabilities. All revenues and profits are distributed pro-rata to investors based on smart contract logic.

1. Profit Participation Structure

OASES SPVs generate investor returns through two distinct income channels:

■ Net Rental Yield

Properties are operated as premium resort rentals and marketed across global distribution platforms (e.g., Booking.com, Airbnb, internal concierge partners).

  • Gross Income Allocation:

    • Operational costs (property management, maintenance, taxes, OTA fees) are deducted.

    • A monthly maintenance provision and a 5% booking platform fee are standardized across properties.

    • The net operating income (NOI) is typically split 40/60 between operator and SPV.

  • Distributions:

    • From the SPV’s retained NOI, quarterly USDC distributions are made to token holders based on fractional ownership.

    • Example: Holding 20,000 out of 100,000 tokens = 20% equity stake → 20% of distributable profit.

■ Capital Appreciation

All properties undergo independent bi-annual appraisals. When a sale event occurs:

  • Gains above the acquisition cost (net of fees or outstanding obligations) are distributed to token holders.

  • Exit events are subject to token holder governance approval.

  • Tokens are redeemed or burned post-liquidation.

2. Waterfall Performance-Based Carry

To align interests and reward performance, OASES applies a tiered carried interest structure on exit proceeds, calculated only after token holders receive their capital back and preferred return.

IRR Band
Investor Share (LP)
OASES Carry (GP)

0–6%

100%

0%

6–8%

80%

20%

8–10%

70%

30%

10-12%

60%

40%

12%+

50%

50%

  • Catch-up clause: Optional, but may be included depending on fund structure

  • Fee transparency: All waterfall calculations are disclosed on-chain and through quarterly reports

3. Quarterly Distribution Framework

To ensure stable cash flow and investor visibility, OASES follows a strict payout cycle:

  • Frequency: Every 90 days

  • Method: Wallet-based USDC payout

  • Transparency: On-chain proof of distribution and downloadable investor receipts

This cadence is reinforced by full reporting, allowing investors to monitor returns, vote history, and asset-level performance across SPVs.

4. Operational Risk Containment

OASES protects investor capital through structural and contractual safeguards:

  • Operator Accountability:

    • All frontline costs are absorbed by the resort operator within a defined margin framework.

    • The operator receives their 40% share only after all fixed obligations are met.

  • Liquidity Enhancement:

    • During construction or pre-allocation periods, uncommitted capital can be deployed into stablecoin liquidity pools, generating up to 6% APY.

    • Yield is paid quarterly to the SPV, enhancing net return

  • Aligned Incentives:

    • OASES charges a 2% annual management fee on deployed AUM and a performance-based carry on realized returns:

      • Performance carry per waterfall model above

      • 2% seller fee on secondary market transactions

All carry is only applied to net investor returns, aligning platform incentives with fund performance.

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