> ## Documentation Index
> Fetch the complete documentation index at: https://docs.ix.finance/llms.txt
> Use this file to discover all available pages before exploring further.

# IX RWA

> Tokenized ownership of real-world compute — fractional, on-chain, and transparent.

IX RWA is a real-world asset (RWA) protocol for **compute**. It turns income-producing infrastructure — GPU clusters, accelerator fleets, and the data centers that house them — into a single on-chain index anyone can own a fraction of, track transparently, and earn from.

<Note>
  IX RWA is currently **live on Base Sepolia testnet** (chain id `84532`) at [testnet.ix.finance](https://testnet.ix.finance). All figures shown in the app are **simulated and clearly labeled** testnet values. Mainnet launch follows a third-party security audit — see the [Roadmap](/why-ix-rwa#roadmap).
</Note>

## What you can do today

<CardGroup cols={2}>
  <Card title="Explore IX-CORE" icon="grid-2" href="/how-it-works">
    See the IX-CORE index and its constituents — the compute assets that back it, their operators, and their live weight.
  </Card>

  <Card title="Own the index" icon="coins" href="/protocol/ownership-and-ixd">
    Deposit stablecoins and mint **IX-CORE**, one ERC-4626 token that represents your fractional ownership of the whole book.
  </Card>

  <Card title="Verify everything" icon="shield-check" href="/protocol/transparency-and-nav">
    Live NAV, reserve coverage, and an on-chain asset registry — ownership you can recompute, not take on faith.
  </Card>

  <Card title="Connect an agent" icon="robot" href="/developers/agent-gateway">
    A hosted, read-only **MCP** endpoint lets AI agents query the index, stats, and portfolios.
  </Card>
</CardGroup>

## The thesis in one line

> Compute is the raw material of AI, it produces real cash flow, and it is almost entirely owned by a handful of hyperscalers. IX RWA makes it an **ownable, tradable asset class**.

## How the pieces fit

<Steps>
  <Step title="Real assets are onboarded">
    Each compute asset (e.g. a GPU cluster) is registered on-chain with its identity, operator, and value, and enters the index by a rules-based weight. See [How it works](/how-it-works).
  </Step>

  <Step title="Investors own the index">
    You deposit stablecoins and mint **IX-CORE** at net asset value — a single token that owns the whole compute book, not one asset at a time. See [Ownership & IX-CORE](/protocol/ownership-and-ixd).
  </Step>

  <Step title="Assets generate revenue">
    Compute is rented out; net revenue raises the index's NAV-per-share, so your yield accrues automatically. See [Revenue & distributions](/protocol/revenue-and-distributions).
  </Step>

  <Step title="Everything is verifiable">
    NAV, reserves, holdings, and asset identity are all checkable on-chain. See [Transparency & NAV](/protocol/transparency-and-nav).
  </Step>
</Steps>

## New here?

<CardGroup cols={3}>
  <Card title="How it works" icon="diagram-project" href="/how-it-works">
    The end-to-end mental model.
  </Card>

  <Card title="Why IX RWA" icon="lightbulb" href="/why-ix-rwa">
    The market, the design principles, and where we're headed.
  </Card>

  <Card title="For developers" icon="code" href="/developers/agent-gateway">
    The Agent Gateway (MCP) and data access.
  </Card>
</CardGroup>