What is Real USD?

Real USD (USDR) is a stablecoin collateralized by tokenized, yield-producing real estate, designed to provide a value accrual system distinct from other currencies. It delivers returns to stakers through rental revenue, employing a daily rebase mechanism to ensure a native real yield. The stablecoin's backing by real estate is seen as a safeguard against inflation and currency debasement, contrasting with the decline of purchasing power in traditional currencies.

USDR is minted using DAI and can be redeemed 1:1 for DAI. Treasury DAI is used to acquire and tokenize income-generating real estate, contributing to the protocol's yield. The appreciation of this tokenized real estate aims to create an overcollateralization effect for USDR. The project seeks to enhance access to the global real estate market by bringing real-world assets on-chain for transparent and efficient management.