> For the complete documentation index, see [llms.txt](https://blueprint.builtbydao.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://blueprint.builtbydao.com/invest/returns.md).

# Investor Returns

{% hint style="info" %}
Patient, asset-backed, defined-return capital with downside protection — not a quick-flip. The community-majority design is a feature: outside capital earns its return, then recedes.
{% endhint %}

## The return menu, by tier

| Tier                   | Example | Instrument                           |         Return        |   Horizon  |
| ---------------------- | ------: | ------------------------------------ | :-------------------: | :--------: |
| **Catalytic / Lead**   |   $250K | Capped-convert + BLTBY + impact      |    \~1.75× + impact   |   \~7 yr   |
| **Growth**             |   $500K | Revenue-share / RBF or capped equity |         \~1.5×        |   \~6 yr   |
| **Community-investor** |    $25K | BLTBY allocation + modest yield      |         \~1.3×        |   \~5 yr   |
| **Debt / CDFI**        |   $350K | Senior debt, conservative LTV        | principal + \~5.5%/yr | amortizing |

Plus: equity holders share **asset appreciation** (\~3%/yr) on a real, owned portfolio. Downside protection is structural — owned collateral, conservative \~22% leverage.

## How outside capital earns — then recedes

{% tabs %}
{% tab title="The mechanism" %}
Investor equity enters as **non-controlling, repayable, or capped-convertible** instruments designed to recede. Each tier earns a defined return — a revenue share, a conversion at a cap, a contracted yield — and then steps back as the community's earned equity (EQTBLT) compounds. The lines cross by design.
{% endtab %}

{% tab title="Why that" %}
A national builder structurally can't copy a cost-and-ownership base it has no reason to give away. By choosing capital that wants to recede, the model filters for aligned investors and protects the mission — which is exactly what makes the moat durable.
{% endtab %}
{% endtabs %}

## The honest framing

This is **catalytic, asset-backed capital with defined upside and downside protection** — owned collateral, conservative leverage — not a quick-flip equity play. That's a feature: it filters for aligned capital and protects the mission.

{% hint style="danger" %}
**Not an offer or solicitation.** All instruments, terms, tiers, and returns are illustrative and subject to securities counsel. Figures are model-based.
{% endhint %}

{% content-ref url="/pages/CbsFE9ISu6UMt8Lguehy" %}
[The Honest Case](/invest/the-honest-case.md)
{% endcontent-ref %}


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