Manifest Overview

Combining the global reach of crypto with the stability of real estate.

Manifest | Bet on America.

Warning: Manifest's $USH and $USA tokens are NOT released yet.

Any token claiming to be associated with Manifest right now is fake. Stay sharp and wait for official releases.

Manifest is a defi protocol built to unlock global access to U.S. residential real estate. It exists to make the $35 trillion U.S. home equity market investable onchain, giving crypto users an easy way to diversify into one of the world's most durable asset classes.

In traditional markets, investing in American housing has been a reliable way to preserve and build wealth over decades. However, until now it's been slow, costly, and inaccessible to many. Manifest changes that by turning U.S. home equity into a liquid, permissionless token. The protocol combines the global reach of Bitcoin with the practical utility of stablecoins to make high-quality real estate as easy to invest in as crypto.

In short, Manifest brings American real estate to the world on blockchain rails.

Importantly, Manifest's approach is nothing like earlier real estate tokens that simply fractionalized properties. Previous attempts often made investors into mini-landlords -- inheriting high fees, illiquidity, complex taxes, and management headaches. Manifest takes a fundamentally different path. By using Home Equity Investments (HEIs) and deep DeFi integration, Manifest offers exposure to U.S. housing without the burdens of ownership or the limits of closed platforms. The result is a scalable real estate product that behaves more like a crypto-native asset: liquid, transparent, and yield-bearing, all backed by real homes.

$USH: The U.S. Housing Token

$USH (short for U.S. Housing) is Manifest's flagship token -- a tokenized real estate vehicle backed by a diversified portfolio of residential home equity. Each $USH token represents a share of this portfolio and is designed to track U.S. housing market performance. As U.S. home values rise over time, the net asset value (NAV) of the $USH portfolio grows accordingly. In other words, holding $USH gives you exposure to the home price appreciation (HPA) of Manifest's portfolio, similar to holding an index of American housing.

Why $USH?

  • Real Estate Exposure, Simplified: Get exposure to U.S. residential housing without the complexity, management overhead, or large capital requirements typically involved in traditional real estate investment. Learn why Manifest is different.

  • Home Price Appreciation (HPA): $USH's value tracks U.S. housing market performance, providing steady and historically stable growth. Understand market scenarios.

  • Diversified & Secure: Each $USH token is backed by a carefully selected portfolio of HEIs, which provide diversification and security for investors. See portfolio construction.

Protocol Rewards

$sUSH is the reward-accruing version of $USH. Investors can stake their $USH tokens to mint $sUSH, capturing the excess growth generated by the underlying HEI portfolio. This additional growth is derived from the economic structure of HEIs, specifically their discounted purchase prices and equity multipliers, which typically exceed standard home price appreciation. Learn how value is captured in NAV and minting.

Getting Started

Ready to add U.S. real estate to your portfolio?

  1. Learn the basics - Understand what you can do with Manifest

  2. Buy $USH - Get exposure to U.S. housing in seconds

  3. Stake for yield - Earn additional returns with $sUSH

Key Resources

Community

NextGenesis Story

Last updated