How It Works
This page explains how AudaCity tokenizes trucks, pools capital, deploys assets, and distributes yield to investors.
Truck tokenization
Each truck is owned by a Special Purpose Vehicle (SPV).
The SPV structure links the on-chain token to a legally recognized real-world asset.
An ERC-20 pool token represents fractional ownership in the SPV that holds one or more trucks.
Capital pooling
Investors contribute stablecoins (USDC) to a truck pool.
Each pool uses the combined capital to purchase one or more trucks.
Pooling allows investors to diversify exposure across multiple vehicles instead of relying on a single asset.
Asset deployment
AudaCity leases trucks from each pool to verified logistics operators, such as Trucki.co.
Operators use the trucks for real-world logistics operations.
Revenue is generated per trip or per month, depending on the operator agreement.
Yield distribution
Operational revenue is collected in stablecoins.
After costs and operator fees are deducted:
- Net profit is distributed to pool token holders on a monthly basis
- AudaCity charges a 15% performance fee on net profit
Token model
Pool token ($AUDx)
Each truck pool issues a dedicated ERC-20 token.
The pool token:
- Represents fractional ownership in a specific truck pool
- Entitles holders to a share of the pool’s generated profit
- Can be transferred or used in supported DeFi integrations
Governance token ($AUDA) (planned)
The $AUDA token is not yet live.
Planned use cases include:
- Protocol governance
- Fee structure proposals
- Oversight of insurance and risk parameters
Smart contract stack
The AudaCity protocol is implemented on-chain using audited smart contracts. All contracts are open source and available on GitHub: View the AudaCity smart contracts
-
Truck registry contract
Tracks truck ownership and assignment to pools. -
Revenue splitter contract
Distributes stablecoin income to pool token holders. -
Access control and whitelisting
Enforces compliance and investor eligibility. -
Oracle integrations
Sync operational and revenue data from logistics providers. -
SPV mapping layer
Connects on-chain pools to off-chain legal entities.
AudaCity is built on Plume Network to support compliance-focused real-world asset infrastructure.
Business model
- AudaCity earns a 15% performance fee on net truck profits.
- Investors target approximately 25% IRR over a 5-year investment period.