RAAC LAUNCHES A $1.135M PVE BOND RELEASE FOR $iREET

As the team is ready to unveil RAACLend, RAAC's lending and borrowing dApp, it is important for the project to give its community a new unique opportunity.

This is why RAAC is opening a new Bond Release on ApeBond for $1,135,000 dollars of $iREET, with maturity in the Real Estate-backed token.

This Bond Release gives the community an opportunity to get Real Estate exposure on-chain, and especially to access $iREET with larger size, as this is not always doable via the Curve LP.

Why a New Bond Release?

Those who participated in our two previous pmUSD Bond Releases know the mechanic and already caught a unique reward opportunity. This time, the underlying asset is $iREET.

There are two reasons you may want to acquire $iREET via this Bond Release rather than through the Curve pool:

First, size. If you want meaningful exposure to Real Estate on-chain and $iREET, the Curve pool will generate slippage beyond a certain threshold. The Bond Release lets you acquire $iREET at a fixed, discount price of $1.0073184 to the underlying NAV of $1.037538 per token, regardless of size.

Second, the rewards. This Bond Release is a unique opportunity, especially in this market, to generate up to 7% rewards, the equivalent to an annual APY of approximately 73.12%, in 45 days, but more on that below.

A Word on $iREET First

Compared to the previous bonds, $iREET is not labelled as a "stablecoin", but as you can see since the LP is live on Curve, it is not a hyper-volatile asset, and is decorrelated from the crypto market, not moving with it.

What it is:

iREET token is anchored and backed by a real estate property, represented as a portfolio. There are currently 14 houses tokenized across the US, generating $32K in monthly rental income for the protocol today (3 more houses have been purchased, and will be tokenized soon). Its value is tied to real estate, not to crypto markets. Buildings don't get liquidated because ETH drops 30%. Tenants keep paying rent regardless of what Bitcoin is doing.

In the current market environment, that distinction and the decorrelation of the asset matter more than ever.

The Bond Release Mechanics

• 1,093,935.83657 $iREET available for $1.135M, during 1 week.
• Discount price of $1.0073184 for 1$iREET.
• 45-day lock.
• Base rewards distributed in $iREET.
• Additional PVE rewards distributed in pmUSD.

This Bond Release uses a PVE mechanic. The stronger the community's conviction, the higher the reward for everyone:

• Base rewards: 3% guaranteed for EVERYONE who participates in Bond offering.
• If the Bond gets filled before the deadline: a Top Up reward of 2% for non-RAAC Bot NFT holders and Top Up reward of 4% for RAAC Bot NFT holders.

A 7% reward in 45 days, equivalent to an annual percentage yield (APY) of approximately 73.12%, is not a common opportunity in the current market. The PVE mechanic also means every participant has a direct incentive to bring others in. The faster the release fills, the better the outcome for everyone.

IMPORTANT: Bond Release participants also earn a 6x multiplier on the RAAC Points Program, and this will most likely represent the last opportunity to get a multiplier that big before the end of the Points Program and the RAAC TGE (H1 2026).

What This Bond Release Does for the Protocol

Beyond the community opportunity, this Bond Release directly helps RAAC to acquire new real estate assets. More properties mean more tenants, more rental income, and more yield distributed on-chain later on as we scale the protocol.

RAACLend Is Coming

The end of the 45-day locking period for this $iREET Bond Release will also coincide with the launch of RAACLend.

When live, $iREET holders will be able to deposit their tokens as collateral to borrow against them directly within the RAAC ecosystem. The launch of RAACLend will mark a crucial moment in the project's GTM, as it will unveil the full potential of the ecosystem, allowing users to decide if they want to participate in the RAAC TGE after seeing the protocol's main products delivered.

More details on RAACLend coming soon.

How to Participate

• Head to ApeBond HERE
• Deposit USDC or USDT
• Lock for 45 days, receive $iREET tokens + rewards in pmUSD
• Track your points at https://hub.fuul.xyz/raac

Read the full $iREET announcement article HERE for more details.

RAAC protocol is only available in a limited number of jurisdictions and is not available to US persons. Do not click any links in the comments - any content impersonating RAAC is spam, fake, or a phishing attempt.