
ProperFi is a platform and a marketplace for the tokenization of luxury short-term rental properties. Going beyond offering just lucrative returns, our protocol is built on three main pillars: economics rights (10-20% yield), governance rights, and usage rights (timesharing off-season). On one hand, we’re solving the problem of lack of liquidity of luxury real estate properties, lowering barriers to entry for retail investors, and offering an alternative source of financing for property owners/developers. On the other hand, we’re helping to make the DeFi space more stable; mitigating the lack of sustainable revenue-generating yield protocols which was highlighted by the events of 2022. Existing protocols confine themselves to offering economic rights.