How ASX Capital monthly distributions work
Two dates each month. Snapshot on the 17th, $ASX pushed to wallets on the 21st, no claim step.
Two dates run the ASX Capital distribution calendar, and they work the same way for all four properties, every month.
On the 17th, a snapshot records who holds each property token. On the 21st, distributions are pushed to every wallet on that list in $ASX. No claim step, nothing to submit. The payment arrives automatically.
The snapshot
The snapshot is a record of holdings at a specific block on BNB Chain. It captures MRQ, MVA, GAA, and BVT in a single pass on the 17th.
Holdings at that block determine the distribution list. A wallet that held tokens at the snapshot block receives a share of that month's distributions from the properties. Holdings established after the snapshot block are recorded in the following month's snapshot.
No action is required for the snapshot to include a wallet. The chain records what it finds. A holder does not opt in, submit a transaction, or interact with any contract.
The distribution
Four days after the snapshot, on the 21st, ASX Capital pushes distributions to every wallet on the snapshot list. The payment is in $ASX, the platform's settlement currency. $ASX is what the secondary market for MRQ and MVA settles in, and it is what the yield farm pools pay out.
Pushed means the transfer initiates from the platform, not the holder. The $ASX arrives in the wallet without the holder doing anything. There is no claim window and no expiry.
Every distribution is a public transaction set on BNB Chain. Anyone can verify a payout by checking the transfers from the distributor contract after the 21st. The on-chain record is the ground truth for whether a distribution ran and what it paid.
What the target APR means
Each of the four properties carries a target APR stated at $1.00 par. That is the annual distribution rate the property is designed to generate at that price. A wallet's monthly share is proportional to the tokens it held at the snapshot block relative to the total supply at that block.
For MRQ and MVA, which trade on the secondary market, the price may be above or below $1.00. The effective yield on any position adjusts with the price at purchase: buy above par and the effective yield on that position is lower; buy at or below par and it is higher or equal. During minting, the price is $1.00, so the target APR and the effective rate are the same for everyone entering now.
All four properties
The same calendar applies to all four cashflowing RWAs:
- MRQ (400 Marquette, Oak Creek, Wisconsin): 80,913 sq ft of light industrial space. Target APR of 5.4% at $1.00 par. Trading on the secondary market.
- MVA (Mountain View Apartments, Fayetteville, Arkansas): 114-unit residential complex. Target APR of 7.2% at $1.00 par. Trading on the secondary market.
- GAA (Greens at Alvamar, Lawrence, Kansas): residential community. Target APR of 5.4% at $1.00 par. Still in its minting phase at $1.00.
- BVT (Brookwood Village Townhomes, Blue Springs, Missouri): townhome community. Target APR of 7.3% at $1.00 par. Still in its minting phase at $1.00.
Tokens minted at $1.00 par enter the distribution calendar from the first snapshot after minting. GAA and BVT holders are on exactly the same schedule as MRQ and MVA holders.
Staking
The yield farm on asxapp.com/staking adds boosted $ASX on top of the monthly distribution. Staking a property token earns from the farm pool, accruing per token, per day from the moment of staking. The monthly distribution runs on the same calendar regardless: same snapshot on the 17th, same payout pushed on the 21st.
The two are separate mechanisms. Monthly distributions come from the properties. Farm pool rewards are boosted $ASX from a separate pot. Neither changes the other.
Property token staking has no lock-in period and no penalty for unstaking. The $ASX pool carries a 30-day unstake delay, which is its one difference from the property pools.
The September calendar
The September snapshot ran on Thursday, September 17. Distributions will be pushed to wallets on Monday, September 21.
Holdings established after the September 17 snapshot block are on the October list, with the next snapshot running on October 17. The same two dates apply every month across all four properties.
On-chain verification
After the 21st, any payout can be verified directly on BNB Chain by querying transfers from the distributor contract at 0x95C8588c5e2A7938F0307c91e17857148C15d007. Each distribution is a batch of transfers to every address that held a property token at the snapshot block.
The on-chain record is the primary source. It cannot be altered after the fact and does not require any statement from ASX Capital to confirm. For any question about whether a payout ran and what it paid, the transfer log from the distributor is the definitive answer.
What to check
For current holders: confirm the wallet that held tokens on September 17 is the one you want to receive the distribution. The transfer arrives on September 21 automatically.
For someone evaluating the four properties: the target APRs are stated at $1.00 par and listed on each property page at asxapp.com/rwa. For MRQ and MVA on the secondary market, the effective yield adjusts with the purchase price. For GAA and BVT still minting at $1.00, the target APR is the rate for everyone entering now.
Questions this piece answers
When does the snapshot run?
On the 17th of each month, for all four properties at once.
What is a holder snapshot?
A record of who held each property token at a specific block on the 17th. That list determines who receives the distribution.
When are distributions paid?
On the 21st of each month, four days after the snapshot.
What are distributions paid in?
$ASX, the platform's settlement currency.
Is there a claim step?
No. Distributions are pushed to every wallet on the snapshot list automatically on the 21st.
Does staking change my distribution?
No. The snapshot and the 21st payout run exactly the same whether tokens are staked or not. Staking adds boosted $ASX from the farm pool on top of the monthly distribution.
How can I verify the distribution on-chain?
Query transfers from the distributor contract at 0x95C8588c5e2A7938F0307c91e17857148C15d007 on BNB Chain after the 21st. Every wallet that held a property token at the snapshot block receives a transfer.
Are GAA and BVT included in distributions?
Yes. All four properties are on the same calendar.
