The ownership program
60% 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 hands out an equal share of the ownership program, 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
$1M of room before this phase fills
ownership per dollar
$9M of room before this phase fills
ownership per dollar
$90M of room before this phase fills
Multipliers describe how points accrue relative to later phases, not token value. Phases fill on total protocol TVL and latch forward permanently. The program's final size is set at token generation; the rules and the math are public and never change retroactively.
How it works
Hold eTokens, borrow USDG against them, or lend to the vault. Each activity earns points into its own pool. No staking, no lockups, nothing to sign up for.
Keep at least $10 of value on Own for a week and a soulbound NFT mints to your wallet automatically, gas on us. It is your permanent ownership record, and points count from your very first deposit either way.
Every dollar working on Own earns points every hour, at the rate of the phase you're in. Hold longer, own more. Fully auditable: anyone can replay the ledger from chain history.
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. Holding, borrowing, and lending each earn into their own pool of the program allocation. Program terms will not change after the fact; points already earned are never revised.
Full transparency
The three phases: earned by holding, borrowing, and lending from day one
Grants, liquidity, integrations, 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
Use Own: buy or mint any eToken and hold it, borrow USDG against it, or lend to the vault. Points start growing on their own from your first deposit. Keep at least $10 of value on Own for a week and your soulbound Own NFT mints automatically, gas on us.
The founding phase ends once TVL crosses $1M. Everyone who joins before then is, quite literally, a founder.