RWA Tokenization

What is Pinbind?

At the heart of Pinkbind’s innovation lies its unique DePIN RWA-Tokenization model. The model is designed to:

• Reduce the costs incurred by AI developers when procuring physical infrastructure assets such as GPUs, TPUs, CPUs, and cloud storage capacity.

• Create more flexible monetization options for DePIN asset owners.

• Create opportunities for users who don’t own DePIN assets to earn a passive income stream.

It works as follows:

Step-by-Step Overview of Pinkbind’s RWA-Tokenization Model

• Step 1: Bob is the owner of a DePIN asset. Bob connects his asset (e.g., a GPU) to the Pinkbind network.

• Step 2: An RWA ERC-1155 representing the DePIN asset is minted, and ownership of the RWA ERC-1155 is transferred to Bob.

• Step 3: AI developers can rent the DePIN asset’s capacity by paying a Service User Rental Fee in $PIN tokens.

• Step 4: Profits from the Service User Rental Fee are sent to a contract associated with the RWA ERC-1155 representing the asset that is being rented.

• Step 5: Until Bob sells fractional shares of his RWA to passive-income-seeking 3rd parties, all profits from the Service User Rental Fees will be distributed to Bob.

• Step 6: Once the asset has started generating revenue, Bob may choose to sell fractions of the RWA to third parties who want to earn a share of the income generated by the underlying asset.

• Step 7: For example, Bob may sell 30% of the RWA to passive-income-seeking Mike, 30% of the RWA to passive-income-seeking Julia, and keep 40% of the RWA for himself. Mike and Julia will pay an RWA Purchase Fee of a sufficient up-front amount to incentivize Bob to sacrifice the proportional share of the asset’s future rental income. RWA Purchase Fees must be paid in ETH or USDT.

• Step 8: From then on, profits from the Service User Rental Fees will be split proportionally between the fractional holders of the RWA ERC-1155. For example, in the above scenario:

  • 40% of the Service User Rental Fees would be distributed to Bob.

  • 30% to Mike.

  • 30% to Julia.

• Step 9: Meanwhile, 20% of ETH/USDT RWA ERC-1155 Purchase Fees are taken as a commission by Pinkbind and put into an ever-growing Service User Rebate Fund.

The Service User Rebate Fund is invested in low-risk, yield-bearing assets. Examples include:

• DAI Savings Rate Earning Strategies

• Ondo US Dollar Yield and US Treasuries Strategies

• Pendle PT-YT Strategies

The yields from these investments are used as rebates for Service Users, leading to discounted pricing for the AI developers renting services. Since the Service Rebate Fund generates extra income above the cut of the RWA Purchase Fee, the overall capital in the Pinkbind system ensures capital efficiencies for all stakeholders in the value chain.

In addition to the RWA Sales Commission, Pinkbind also takes a 2% Protocol Fee on all:

• Service User Rental Payments

• RWA Purchase Fees

A full summary of the Pinkbind fund flow can be found in the flowchart below:

By implementing this unique system, Pinkbind is not only unlocking new revenue streams for DePIN asset owners but also driving down costs for AI developers while enabling passive-income opportunities for a wide range of participants. This comprehensive ecosystem is designed to create value and efficiency for every stakeholder involved.