Bankestate Bankestate
Vol. 01 $BSTATE Solana
Est. 2026

A memecoin that
owns real property.

Every transaction fee is routed on-chain into USDC, then into shares of property-owning SPVs. No buildings on a balance sheet — legal instruments, rental income, and provable receipts.

Ticker $BSTATE
Fee routing 100% to treasury
Stable base USDC
Held assets SPV shares + T-bills
01How it works

From a meme trade
to a deed-backed share.

Four steps, fully on-chain up to the legal wrapper. No custodial promises, no off-chain spreadsheets.

01

Fee collected

Each buy and sell of $BSTATE skims a small fee in whatever was traded — ETH, SOL, or the token itself.

input · volatile
02

Swapped to USDC

Volatile inputs are auto-converted to USDC. Stability is required for accounting, pricing, and legal compliance.

stable · base
03

Buys SPV shares

The treasury uses USDC to acquire fractional shares of property-owning SPVs — rentals, apartments, real estate-backed tokens.

asset · real
04

Yield streams back

Rental income flows back into the treasury, with a portion routed to $BSTATE holders on a predictable cadence.

output · yield
02What we actually buy

Not buildings. Shares in the legal entities that own them.

Precision matters. Bankestate doesn't pretend to deed land on-chain — it holds the legal instruments that represent ownership of property.

The treasury holds

  • Shares in legal entities — LLCs and SPVs that own individual properties.
  • Tokens representing those shares — fractional property tokens on platforms like RealT, Lofty, Ark7.
  • Income rights from rental property — distributed yield, claimable on-chain.
  • Short-duration treasury yield assets — a liquidity buffer so the book isn't 100% illiquid.

The treasury does not hold

  • ×Whole houses or buildings on a single wallet.
  • ×Land deeded directly to a smart contract.
  • ×Vague claims on "physical property" without a legal wrapper.
  • ×Memecoin bags pretending to be real estate. Receipts or it didn't happen.
03Treasury composition

A balanced book, not a meme bag.

A target allocation across real estate-backed shares, a stable base, and a small yield-bearing liquidity layer.

The split is governed and adjustable, but the principle holds: most of the treasury is in property-backed instruments, a slice stays in USDC for new buys, and a small portion sits in short-duration treasury yield to keep the book liquid.

Every position has a receipt. Every receipt is on-chain. Every distribution is auditable.

  • Live on-chain treasury dashboard.
  • Monthly settlement reports, signed.
  • SPV registry with property identifiers.

Target allocation

Property-backed SPV shares72%
USDC reserve (acquisition queue)18%
Short-duration treasury yield10%
Real estate USDC T-bills
04FAQ

Questions, plainly answered.

So $BSTATE actually owns property?+
The treasury owns shares in SPVs and LLCs that own property, plus tokenized representations of those shares. The legal wrapper is what makes the ownership real — a smart contract can't hold a deed by itself.
Why convert fees to USDC first?+
Real estate platforms price everything in dollars, and you can't buy property fractions with a volatile meme token. Stability is required for accounting, settlement, and legal compliance — so USDC is the bridge.
What do holders receive?+
Rental income from the underlying property book is collected by the treasury and streamed to $BSTATE holders on a predictable cadence. Distribution mechanics are published in the docs.
Is this just RWA dressed up as a meme?+
It's a memecoin with a transparent treasury policy. The narrative is sharp, the receipts are real, and there's no pretense of being a regulated security. Read the disclosures before you ape.
What stops the book from being 100% illiquid?+
A liquidity buffer in USDC and short-duration treasury yield instruments. The exact ratio is governed and published, and the buffer can be expanded if market conditions require it.

A meme with a deed behind it.