BARON TOKEN
"Utopos: Cities Reimagined"
UTOP powers transactions in the Utopos ecosystem & beyond, driving innovation, inclusivity, and economic activity.
BARON TOKEN
BARON Tokens ($BRE) are unique RWA Deflationary Governance Tokens that are linked to the Real Estate Assets owned by the Baron Foundation Trust and managed by Baron Property Group, LTD for the benefit of all token holders. Baron's Real Estate assets create cash flow primarily through short term rentals on sites like AirBnB. The majority of this cash flow is reinvested into purchasing more and more assets while 25% of profits are used to BUY BACK & BURN $BRE tokens from the Uniswap Liquidity Pool, thereby exerting positive pressure on the token's price and reducing the total supply while simultaneously increasing the total assets under Baron's management and providing liquidity to the broader market. Baron's built-in tokenomics also plays a vital role. Each transaction incurs a 6% tax that generates a 3% reflection reward to all other token holders based on their percentage ownership of the circulating supply, a 2% token burn, and allocates the remaining 1% to the Baron NFT Community Development Fund. $BRE can be earned as a reward for staking one of Baron's Limited Edition Collectible NFTs. Lastly, Baron has one of the strongest long-term HODL communities due to their 2-Tier Affiliate program that incentivizes word of mouth sharing with friends and family.