Overview

The Zona superapp consists of the following product offerings, each performing a different function to allow our users flexible exposure to global real estate prices:

1. Collateralized debt position (CDP) platform: Zona accepts collateral such as stablecoins and WETH to mint real estate Index Tokens. Index Tokens are onchain representations of Zona Real Estate indexes. There will be one Index Token for each city, where the price of the Index Token is pegged to the median price per square foot of residential properties of its corresponding city. For example, the Dubai Index Token will be pegged to the median price per square foot of residential properties of Dubai.

2. Lending platform: Users can deposit and borrow Index Tokens, stablecoins, and WETH on Zona's lending platform. This allows users to leverage up on their long or short exposure and perform pair trades on different cities, while earning onchain yield from interest fees paid by borrowers.

3. Exchange: Users can exchange their Index Tokens for stablecoins, WETH, or other assets and vice versa. This allows users to instantly and seamlessly gain or exit their exposure to real estate prices.