> For the complete documentation index, see [llms.txt](https://whitepaper.lendr.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.lendr.fi/products/lsrwa-tokens-liquid-staked-real-world-assets.md).

# LsRWA Tokens - Liquid‑Staked Real World Assets

## What Are LsRWA Tokens?

An **LsToken** represents:

1. **1‑for‑1 exposure** to a blue‑chip real‑world asset basket (e.g., S\&P 500 ETF shares).
2. **Auto‑compounded low-risk/market‑neutral yield** (≈ 2–5 % APY) generated by multiple trading strategies managed off‑chain by regulated desks.

The token’s share‑price adjusts daily as yield accrues; no manual claiming needed.

## Current RWA Token Line‑Up

<table><thead><tr><th width="150.05914306640625">Token</th><th width="460.952392578125">Underlying basket</th><th width="149.9710693359375">Extra yield target*</th></tr></thead><tbody><tr><td><strong>lsSP500</strong></td><td>S&#x26;P 500 ETF (SPY)</td><td>2–3 %</td></tr><tr><td><strong>lsGOLD</strong></td><td>Gold (GLD ETF)</td><td>1–2 %</td></tr><tr><td><strong>lsUSRE</strong></td><td>U.S. Real Estate (REIT ETF)</td><td>2–4 %</td></tr><tr><td><strong>lsUSAI</strong></td><td>AI &#x26; Robotics (ETF)</td><td>3–5 %</td></tr></tbody></table>

\*Net of fees; performance varies with market conditions.

## How to Mint & Earn

<table><thead><tr><th width="80.4573974609375">Step</th><th>Action</th><th>Result</th></tr></thead><tbody><tr><td><strong>1</strong></td><td>Swap USDC → <strong>USDL</strong></td><td>Entry rail (see USDL page).</td></tr><tr><td><strong>2</strong></td><td>Deposit USDL into a chosen vault</td><td>You receive LsRWA Tokens at the current <em>price per share</em>.</td></tr><tr><td><strong>3</strong></td><td>Hold or use LsRWA Tokens</td><td>Asset exposure <strong>+</strong> yield accrual.</td></tr><tr><td>4</td><td>Use LsRWA Tokens in DeFi protocols</td><td>Additional yield.</td></tr></tbody></table>

## Withdrawing

1. **Burn LsTokens** → vault queues the USDL amount owed.
2. **7‑day unlock** lets the custodian unwind RWA positions/strategies.
3. **Claim USDL** → receive USDL matching asset value and strategy returns.

## Where Can I Use LsRWA Tokens?

* **Provide liquidity** in compliant DEX pools (e.g., lsSP500/USDL).
* **Future lending markets**—partner protocols are integrating.
* **Cross‑strategy portfolios**—combine multiple LsRWA Tokens for diversified yield.

## Contract Addresses

| Chain     | Vault   | Address\* |
| --------- | ------- | --------- |
| Ethereum  | lsSP500 | `0x…`     |
|           | lsGOLD  | `0x…`     |
|           | lsUSRE  | `0x…`     |
|           | lsUSAI  | `0x…`     |
| Avalanche | lsSP500 | `0x…`     |
|           | lsGOLD  | `0x…`     |
|           | lsUSRE  | `0x…`     |
|           | lsUSAI  | `0x…`     |

\*Final addresses will be published after audit completion.

**In short:** LsRWA Tokens give you institutional‑grade exposure to the world’s cornerstone assets **and** a built‑in stream of extra yield— tradable 24 / 7, DeFi compatible, redeemable in one click, and secured by on‑chain transparency.
