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IX RWA connects three worlds: real infrastructure that produces revenue, an on-chain ownership layer that makes it fractional and transparent, and investors and agents who allocate capital to it. This page is the mental model that ties them together.

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At a glance

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The lifecycle

1

Onboarding — an asset becomes on-chain

A compute asset (say, a GPU cluster with a known value and operator) is registered with an on-chain identity and wrapped in a cohort vault. It enters the IX-CORE index by a published, rules-based weight.
2

Investment — capital in, shares out

An investor connects a wallet and deposits a stablecoin (USDC). The IX-CORE vault mints ERC-4626 shares at the current NAV-per-share — a slice of the whole index, not a single asset.
3

Operation — the asset earns

The underlying compute is rented to operators and end-users. That gross revenue, net of operator and protocol fees, is the yield the index produces.
4

Accrual — revenue reaches owners

The investor share of net revenue accrues into the vault, raising NAV-per-share for every holder at once — no claim step.
5

Transparency — verify at every step

Holdings, NAV, reserve coverage, and asset identity are all visible on-chain and surfaced in the app, so ownership and performance can be independently checked.

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Identity: your wallet is your account

There is no signup, email, or password. Connecting a wallet is your identity — public browsing is open to everyone, and connecting is only needed to invest or manage a position. The wallet layer is powered by Privy, pinned to Base Sepolia testnet.
Reads and writes are pinned to the protocol’s active chain, so the app behaves correctly even if your wallet drifts to another network.

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The invest flow, precisely

1

Approve

You approve the IX-CORE vault to spend your USDC.
2

Deposit

You call deposit(amount). The vault takes your USDC and mints IX-CORE shares to you at the current NAV-per-share.
3

Confirm

The position is confirmed from the on-chain transaction — shares and value are read from the blockchain, not from the browser.
Design principle — the chain is the source of truth. Ownership and value are derived from verified on-chain events, not from client-submitted figures. This is a hard requirement before any real value moves on mainnet.

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What’s in the index

At launch, IX-CORE is ~100% the compute sleeve (shown as a live weight). The index is designed to admit more sectors over time, each entering by a rules-based weight:

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Exit

You exit by redeeming IX-CORE at NAV — the vault burns your shares and returns value, drained from the smoothing/redemption buffer. A secondary AMM market is deferred to pre-mainnet.

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Where to go next

Architecture

The contracts and how they fit together.

Ownership & IX-CORE

What IX-CORE is, how it’s priced, and what it entitles you to.