Oceanpoint FAQ

What is Oceanpoint?

Oceanpoint is the liquidity engine for tokenized real estate, Blocksquare's core DeFi protocol. It is a set of smart contracts on Ethereum, forming an open-end DAO, that connects tokenized properties to staking, liquidity, and governance.

Blocksquare provides the tokenization infrastructure and white-label marketplace software underneath; Oceanpoint is the protocol layer that ties the ecosystem together.

What is a property token (BSPT)?

A BSPT (Blocksquare Property Token) is an ERC-20 token representing fractional ownership in a specific real property, issued through Blocksquare's tokenization infrastructure. Each property is divided into up to 100,000 tokens, and holding them makes you eligible for rental income distributions from that property.

You can buy BSPTs on the Oceanpoint Marketplace or any partner marketplace. See Trade for a walkthrough.

What is BST?

BST (Blocksquare Token) is the governance and utility token of the Blocksquare ecosystem, an ERC-20 deployed on Ethereum in 2018 with a total supply of 100,000,000 BST. It rewards ecosystem participants and, when staked, grants governance power.

Contract: 0x509A38b7a1cC0dcd83Aa9d06214663D9eC7c7F4a

What is sBST?

sBST is what you receive when you stake BST in Oceanpoint's main governance pool. It represents your share of the pool, accrues protocol rewards, and carries voting power over Oceanpoint Improvement Proposals (OIPs). Return sBST to withdraw your underlying BST.

There is a 48-hour lock after depositing; beyond gas there are no deposit or withdrawal fees. See Earn.

What is POINT, and is it a stablecoin?

POINT is an upcoming liquidity aggregator token with flatcoin-like qualities. It is not a stablecoin. POINT will have unlimited supply, minted and burned only against deposits into the protocol treasury: stablecoins in Phase I, eligible BSPTs from Phase II.

POINT has not launched yet. The rollout is phased: Phase I bootstraps liquidity with stablecoin ↔ POINT swaps, Phase II integrates BSPTs, and later phases add advanced risk management and lending. Full detail in the whitepaper.

How do I earn on Oceanpoint?

Three ways:

• Hold BSPTs to collect rental income distributions from the property.
• Stake BSPTs to convert that income stream into BST rewards.
• Stake BST to receive sBST, which accrues protocol rewards and voting power. Liquidity providers can also stake BST:ETH LP tokens.

All yields are variable and set by protocol activity and governance. Oceanpoint does not promise fixed APYs. See Earn.

Do I need KYC?

Buying and holding BSPTs requires an account and KYC verification on a marketplace, and some countries are not supported. Staking BST and participating in DAO governance does not require KYC.

Which blockchain does Oceanpoint run on?

Oceanpoint's smart contracts are deployed on the Ethereum mainnet. BST, sBST, and BSPTs are all ERC-20 tokens.

How does governance work?

Stake BST to receive sBST, then vote on Oceanpoint Improvement Proposals (OIPs) on Snapshot. A six-member governance board (founders, advisors, and community representatives) executes decisions via multisig, with a roadmap toward fully on-chain governance.

Who is behind Oceanpoint?

Oceanpoint was developed by Blocksquare d.o.o., a company based in Ljubljana, Slovenia, that builds tokenization infrastructure for the real estate industry. The protocol itself is open-source software governed by its community.

More on the company and its history on the About page.

How do I become an ambassador?

Apply through the Advocate page. Ambassadors organize into Regional Hubs; each active hub receives a quarterly BST allocation, distributed among members based on contribution points for events, content, translations, and onboarding.