The ownership program
70% of Own goes to the community, earned by holding eTokens, borrowing and LPing. The earlier you are, the more of the protocol is yours.
The pattern
Tokenized RWAs onchain
6× in 18 months
Every point on this curve made someone rich. None of them were users.
Onchain RWA value per RWA.xyz, excluding stablecoins; figures approximate. Circle IPO’d June 2025; USDC holders received nothing. Ondo and xStocks launched 100+ tokenized stocks; Robinhood then announced stock tokens and HOOD tripled within a year. Users got price exposure; the upside went to shareholders.
The opportunity
Onchain RWA growth in 18 months
Tokenized stocks onchain today
Of global equities migrated so far
The rails for that migration are being built now. The only open question is who owns them.
The ladder
Each phase gives out the same 10% of the supply, but splits it among ten times more deposits than the last. So a dollar in an earlier phase earns a much bigger slice.
ownership per dollar
1.00% of supply per $100k held
ownership per dollar
0.11% of supply per $100k held
ownership per dollar
0.011% of supply per $100k held
If the token ever trades at
Illustrative only. Assumes you hold from deposit until the phase fills, with points accruing as dollar-days; your actual share depends on how long you and others hold. FDV chips are comparisons to existing DeFi protocols, not forecasts. Nothing on this page is a promise of token value: projections, not promises.
How it works
Mint or buy eNVDA, eSPY, eGOLD, any Own asset. Your eToken balance is your stake. No staking, no lockups.
Your first deposit mints a soulbound NFT to your wallet. It is your permanent ownership record. Points live on it, not in a spreadsheet we control.
Every dollar of eTokens earns points every day, at the rate of the phase you're in. Hold longer, own more. Fully auditable onchain.
Own
Genesis
Ownership points
Accruing · founding rate
Soulbound at launch; the community can vote to enable transfers later. Points count from the very first deposit and the accounting is public. Program terms will not change after the fact. Rewards for borrowing and LPing come from the future incentives and ecosystem allocation.
Full transparency
The three phases: earned by holding eTokens from day one
Rewards for borrowing and LPing, grants, liquidity, future programs
Vests over 4 years with a 1-year cliff
Indicative allocation, finalized at token generation. Governance inherits parameter authority with the protocol’s solvency invariants as a constitution it can only tighten, never suspend, per whitepaper §13.
FAQ
Buy or mint any eToken, like eNVDA or eSPY, and hold it. That's it. Your first deposit mints your Own NFT, and points start growing every day on their own.
The founding phase ends once TVL crosses $1M. Everyone who joins before then is, quite literally, a founder.