Buyout process
A. Initiate Buyout
1
Tap on the icon
2
Select “Propose buyout”
3
Acknowledge the Terms and Conditions by clicking on the checkbox.
Select “I understand and wish to proceed”
4
Select “Confirm”
B. Start Buyout
1
Input the amount of USDC you want to offer.
Select “Approve USDC”
2
Select “Approve”
3
Wait for the transaction to complete
4
Input the amount of RET you want to offer.
Select “Approve RETs”
5
Select “Approve”
6
Wait for the transaction to complete
7
Click on “Make buyout offer”
8
Select “Confirm”
9
Wait for the transaction to complete
10
Tap on “Done”
11
Your buyout offer will appear. It will take some time for the result of the Buyout. Do check your offer regularly for updates
C. Claim NFT From Successful Buyout
1
If the Buyout is successful, you will be able to claim ownership.
Tap on “Claim ownership”
2
Acknowledge the Claiming Instructions by clicking
“I understand”
3
Select “Confirm”
4
Wait for the transaction to complete
5
Click “Done”.
You would have successfully completed the Buyout.
Check your MetaMask wallet for the property NFT
D. Claim Real Estate Tokens From Successful Counterclaim
1
Tap on “Counterclaim
2
Input the Contribution Amount of USDC to be added into the Counterclaim Pool.
Click “Approve USDC
3
Select “Next
4
Select “Approve
5
Wait for the transaction to complete
6
Tap on “Contribute
7
Select “Confirm
8
Wait for the transaction to complete
9
Click “Done
10
Once the Counterclaim has succeeded, you will be able to claim RETs.
Tap on “Claim RETs
11
Select “Confirm
12
Wait for the transaction to complete
13
Click “Done”.
Check your MetaMask wallet for the RETs
E. Failed Buyout
1
If the Buyout fails, you will be able to claim your USDC.
Tap on “Claim refund
2
Select “Confirm
3
Wait for the transaction to complete
4
Click “Done”.
Check your MetaMask wallet for the USDC
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