what's RECC Finance?
RECC Finance is a Solana-based protocol that enables crypto-native crowdfunding for real-world real estate projects. It connects vetted property developers with investors by allowing deposits of stablecoins like USDC or USDT into dedicated project pools via smart contracts. Once funding goals are met, the capital is loaned to developers under legal agreements, and investors receive Real Estate Position Tokens (RPST) representing their share, which can be traded on secondary markets for liquidity. The platform tokenizes real estate financing debt, providing permissionless access without traditional barriers like KYC or banking paperwork. Projects involve property acquisition, refurbishment, and sale, with repayments distributed on-chain to investors. RECC emphasizes decentralization, high yields from real estate operations, and integration with DeFi tools, such as using RPST as collateral for loans or in yield-bearing vaults.
RECC Finance offers a 14% APY yield-bearing stablecoin from global real estate appreciation.
contract
solana
Offers a yield-bearing stablecoin with 14% APY, where yields derive from real estate appreciation through property acquisition, renovation, and flipping operations globally.
RECC Finance participates in MigrateFun Cohort III Launch Party alongside four other projects (AgentNyla, DCAtoDCA, realisworlds, and WaterMinder_app).
Partnership announced with VIVA, an established mobile/data company with nearly 3 million users in Bolivia.