Yield Generation

What are the expected returns of $USH?

$USH is expected to increase in value approximately 13% annually. These returns accumulate in the token.

How are returns generated with $USH?

$USH accrues value based on the increase in value of its backing real estate assets. $USH, as a permissionless and composable token, may be used for additional yield generation activities in DeFi.

Does $USH pay dividends or distribute income?

No. $USH is designed primarily as a capital appreciation vehicle rather than an income distribution vehicle. By re-investing capital into assets as opposed to distributing dividends, Manifest perpetually defers capital gains taxes (via 1031 exchanges), and withholding tax associated with U.S. taxes on real estate transfers.

$USH tokenholders can vote to dissolve the vehicle, in which case the backing assets are sold, taxes paid, and all tokens are redeemed. See “9. Protocol Mechanics.”

How frequently are returns calculated and reported?

Asset valuations and portfolio performance are calculated daily and recorded onchain, providing full transparency to the assets backing $USH tokens.

Please email the team to request the PPM: [email protected].