The purchase price of a property must be less than or equal to 50x the lease income. In other words, the maximum price LANDAO will pay for a property is 50 times the annual lease income.
Lease income is distributed 80/20, with 80% going to the Native Token holder treasury and 20% going to the DAO governance treasury.
For a property to be sold, its sale price must be 50% above our purchase price (PP) during Years 1–5 and 60% above PP in Year 6 and onward.
Like lease income, the proceeds from property sales are distributed 80/20, with 80% going to the Native Token treasury and 20% going to the DAO governance treasury.
When purchasing a property, the DAO formula for the percent of additional funds to be used for the purchase (% over PP) is defined as follows:
1–19.99
$200,000–$4M
20
20–29.99
$3.8M–$5.7M
19
30–39.99
$5.4M–$7.2M
18
...
...
...
100–199
$10M–$19.9M
10
200–299
$18M–$26.9M
9
...
...
...
>=1B
$10M
1
As you can see from the table above, the % over PP decreases as PP increases. If we purchase a piece of property valued at less than $20M, we will raise an additional 20% above the purchase price to fund DAO governance and property improvements. For every $10M increase in purchase price, the % over PP drops 1% until we reach $100M properties. From $100M-$1B properties the % over PP drops 1% every $100M. For any property valued at >=$1B the DAO will only fund 1% over PP.
The formula for distributing the "% over PP" is 80/20, with 80% going to the DAO governance and 20% going to Native Token treasury specifically for property enhancements/improvements.
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