Growth Markets
The growth markets are where new $THEO is minted and redeemed.
When funding goes in, $THEO is minted according to the Price Curve and is able to be redeemed one week later. The funds enter the treasury to be used to acquire a property by anyone who submits a bid.
As of 4/30/2024, growth markets are in a test period of up to 20 million $THEO to be minted, but will be updated to the full version once either the 20 million theo are minted, 6 months have passed, or we enter decentralization. This is make sure all mechanisms function as intended Acquisitions and tenant placement for these units are sorted by YIMBY Auctions then facilitated by the iBuyer process.
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