Staking tokenized real estate
Oceanpoint enables anyone to start earning BST with their real estate assets. To start, you will first need to tokenize your real estate property using Blocksquare's tokenization protocol. Don't worry, you can send a request for tokenization using this online form and our team will guide you through the whole process.
Once your property has been tokenized, 10,000 BSPT tokens will be minted to your wallet. Make sure to use an Ethereum wallet compatible with Oceanpoint. Currently, Metamask or WalletConnect compatible mobile wallets are supported, while use of hardware wallets is enabled through Metamask.
A pop-up to select your wallet type will display. For this guide, we will use Metamask.
Make sure you are connected to Mainnet with the Ethereum wallet account where you hold BSPT tokens.
Once you have connected your wallet, scroll down until you see the Asset pool section.
Click on it to expand. Choose your property from the drop down on the left side. To make searching easier, the "hide tokens without balance" toggle switch is turned on by default.
After selecting the property you would like to stake, you will first need to allow Oceanpoint to interact with the BSPT tokens on your wallet. To do so, click approve and confirm the transaction in Metamask.
Once the approval transaction is confirmed, you will be able to deposit your real estate property tokens in the Asset pool to earn staking rewards.
Enter the desired token amount in the input field, than click Deposit and confirm the transaction in Metamask.
Once your deposit transaction is confirmed, refresh your browser to see your deposited value and pool share.
You will see your earned BST under the My stats section of the Oceanpoint dapp.