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feat: add propchain TVL calculation for specified property tokens #13939

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@theyashgupta theyashgupta commented Mar 19, 2025

Name (to be shown on DefiLlama):

Propchain

Twitter Link:

https://x.com/PropChainGlobal

List of audit links if any:

NA

Website Link:

https://www.propchain.com/

Logo (High resolution, will be shown with rounded borders):

https://drive.google.com/file/d/1Yhrkiy22QPKj8nB81jGk4hhu3eqLxDNw/view?usp=sharing

Current TVL:

136.56 M

Treasury Addresses (if the protocol has treasury)

NA

Chain:

Polygon

Coingecko ID (so your TVL can appear on Coingecko, leave empty if not listed): (https://api.coingecko.com/api/v3/coins/list)

NA

Coinmarketcap ID (so your TVL can appear on Coinmarketcap, leave empty if not listed): (https://api.coinmarketcap.com/data-api/v3/map/all?listing_status=active,inactive,untracked&start=1&limit=10000)

NA

Short Description (to be shown on DefiLlama):

Propchain - The Home of Onchain Real Estate
Propchain builds connected, efficient real estate capital markets through blockchain and AI. Through its infrastructure and flagship protocol Prop.com, the company has already tokenized & raised over $125M in real estate assets and has more than $1B in assets under due diligence. Their unified marketplace connects investors with institutional-grade real estate opportunities, streamlining traditionally complex processes through digital infrastructure. As a pioneer in real estate tokenization and marketplace technology, Propchain is positioned to become the leading infrastructure provider in the digital real estate space.

Token address and ticker if any:

Ethereum: 0x9ff58067Bd8D239000010c154C6983A325Df138E
Token Ticker: PROPC

Category (full list at https://defillama.com/categories) *Please choose only one:

RWA

Oracle Provider(s): Specify the oracle(s) used (e.g., Chainlink, Band, API3, TWAP, etc.): NA
Implementation Details: Briefly describe how the oracle is integrated into your project: NA
Documentation/Proof: Provide links to documentation or any other resources that verify the oracle's usage: NA
forkedFrom (Does your project originate from another project):

CMTA/CMTAT: https://github.com/CMTA/CMTAT

methodology (what is being counted as tvl, how is tvl being calculated):

1 Token equals $1
Each Token represents TVL

Github org/user (Optional, if your code is open source, we can track activity): NA

@llamabutler
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The adapter at projects/propchain exports TVL:

polygon                   136.56 M

total                    136.56 M 

@waynebruce0x
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Can we use token balances here instead of total supplies? Also, how can we know each token is worth 1 USD?

@waynebruce0x waynebruce0x self-assigned this Mar 19, 2025
@theyashgupta
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@waynebruce0x

Can we use token balances here instead of total supplies?
Each token represent each property, so total invested amount for that property is represented by total supply of that token, not token balance, as we can have more investments on property and wallet can increase, so in terms of TVL total supply makes more sense rather than token balance of each wallet

How can we know each token is worth 1 USD?
Investment is happening offchain and we are minting onchain token for our investor which represents 1 token = $1

const ADDRESSES = require('../helper/coreAssets.json')

const PROPERTY_TOKENS = [
"0x0B2d417f5Fa68BBC9ecb996a710F560B7023a1E3",
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this token has 1 holder and a supply of 4M - what does this mean?

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pending this question ^^

];

async function tvl(api) {
const TOKEN_PRICE = 1 // 1 USD
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is there any third party data provider that can confirm this valuation for us?

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Hi, Am collating the property deeds (first batch attached) - in terms of the valuations how do you want this provided and second agent ? Market listings ? Thanks

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First batch for Five Luxe - thanks

@llamabutler
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The adapter at projects/propchain exports TVL:

polygon                   136.58 M

total                    136.58 M 

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4 participants