IX RWA assets earn by renting out compute. That revenue, net of costs, is split between investors and the protocol and distributed on-chain to IXD holders in proportion to ownership.
From gross rental to investor yield
Gross revenue
The asset’s compute is rented at market rates over a period.
Net revenue
Operator and management fees are deducted to arrive at net revenue.
Split
Net revenue is divided between the investor pool and the protocol.
Distribution
The investor share is distributed on-chain to IXD holders, pro-rata to ownership.
The split
The protocol targets a 60 / 40 split — 60% to investors, 40% retained by IX — disclosed on every asset listing.
Yield and APY shown in the app are model-based projections derived from asset value, utilization assumptions, and the fee schedule. They are labeled as estimates and are not a promise of realized return. Realized distributions are reported separately once they occur.
How distributions are paid: Merkle claims
Distributions use a Merkle-based claim mechanism, which is gas-efficient and lets each holder claim independently:
Snapshot & tree
For a distribution, per-wallet entitlements are computed from ownership and encoded into a Merkle tree; its root is published on-chain.
Fund
The distribution is funded with the payout amount.
Claim
Each holder claims their share by submitting a Merkle proof; the contract verifies the proof and releases funds. Claims are recorded from the verified on-chain transaction.
Auto-reinvest
Holders can opt into auto-reinvest, compounding distributions back into ownership rather than withdrawing. The toggle and its projection are available in the dashboard and activate with live distributions.
Status: the distribution mechanism is implemented in the protocol contracts. The first real revenue distributions run as part of the verified money-path milestone on the roadmap. Until then, distribution figures in the app are illustrative of the model, not realized payouts. 
