The definitive technical glossary for navigating the Hyperion Realty tokenization protocol. 18 terms across 8 domains.
The foundational Hyperion framework that deploys two complementary token standards — an ERC721 for immutable deed provenance and ERC20s for fractional liquid equity — to simultaneously secure physical property rights and enable frictionless secondary market trading.
A Non-Fungible Token minted on Ethereum that represents the absolute legal ownership of a physical property's trust entity. It serves as the immutable onchain source of truth, stored in an institutional cold-storage multisig vault. It is never traded — only held as cryptographic proof of dominion.
Standard fungible tokens minted against an ERC721 anchor, representing divisible equity in the underlying property. Adhering to the ERC20 standard grants instant compatibility with every DEX, AMM, lending protocol, and portfolio aggregator on the Ethereum Virtual Machine.
A 1.5% protocol-level fee applied to every secondary market trade of ERC20 property tokens. Revenue is routed directly to Hyperion to fund platform maintenance, secure oracle node feeds, and operational sustainment.
The total ERC20 token supply for each property, fixed immutably at mint time. Calibrated at a 120% ratio (incorporating a 20% tokenization markup) relative to the physical property's appraised valuation. Cannot be modified without DAO governance approval.
A 20% premium applied to the appraised value of a physical property at the time of tokenization. The markup is mathematically distributed to seed the algorithmic AMM liquidity pool (10%), distribute corporate profits (5%), and fund the protocol launch reserves (5%).
The 10% token supply allocation from the property tokenization markup that is immediately locked into an Automated Market Maker (AMM) pool to ensure instant, reliable, and decentralized secondary market liquidity for all token holders.
A 1.0% annual management fee deducted by Hyperion from gross property earnings (estimated up to 6-7% Net Operating Income), resulting in a net yield distribution of approximately 5-6% to token holders.
The automated smart contract engine that captures net rental income from physical tenants via fiat-to-stablecoin gateways and distributes USDC pro-rata to all ERC20 holders at the next block-snapshot interval. Eliminates all intermediary layers between tenant payment and investor receipt.
The mechanism by which the Yield Matrix captures the precise state of the ERC20 holder registry at a specific block height. Every wallet holding property tokens at that exact moment receives their proportional share of rental yield, with LP positions attributed to the underlying liquidity provider.
A dedicated Limited Liability Company created for each individual property, serving as a legal firewall that isolates liability exposure. If catastrophic events affect one property, all other assets in the portfolio remain completely insulated. The LLC designates the ERC721 holder (the DAO multisig) as its sole governing member.
Embedded smart contract logic within the ERC20 token that queries an onchain attestation registry before settling any transfer. Both sender and receiver must hold valid KYC/AML credentials, enabling permissionless settlement speed while maintaining full securities law compliance.
The decentralized governance body that manages portfolio-level decisions (acquisitions, protocol parameters, treasury allocations) via the HPR governance token. Voting power follows quadratic dampening to prevent whale dominance, and all proposals require a 66% supermajority with a 48-hour execution timelock.
A voting power model where influence scales with the square root of token holdings rather than linearly. A holder with 10,000 HPR tokens receives approximately 10x (not 100x) the voting power of a holder with 100 tokens, ensuring collective community governance over concentrated whale control.
The four-phase governance process: Discussion (7 days), Formal Vote (3 days with 500 HPR deposit), Timelock (48 hours for exit/objection), and deterministic Execution. Emergency proposals follow an accelerated 24-hour pathway with an 80% supermajority requirement.
The near-instant transaction finality achieved by ERC20 property tokens on the Ethereum blockchain — typically completing in 12 seconds. This represents a 250,000x improvement over traditional real estate settlement timelines (T+Weeks to T+Months).
The banking API integration that converts physical rental income (fiat currency) into blockchain-native stablecoins (USDC) for automated distribution. The protocol maintains redundant integrations with at least three independent providers for failover resilience.
The institutional-grade storage mechanism for ERC721 deed anchors, requiring 3-of-5 authorized signatories (transitioning to community-elected signatories during DAO maturation) to execute any transfer. Eliminates single-point-of-failure risk in deed custody.