What are Owner's Units.
An Owner's Unit is a contractual participation unit inside Owner's Circle. It has a recorded unit value, vests over time, and becomes cash only in Founder-declared redemption windows. Units are not stock, options, or legal equity.
Every reward is measured the same way.
One project, from verification to issuance.
Finance confirms the measured result.
Fixed 20 / 80 split, in one transaction.
Issuance is atomic and idempotent — cash, units, and the ledger entries are posted together, keyed to the project and participant.
Units are granted on the ledger, then vest on a schedule.
Each grant carries a vesting schedule recorded with the award. Only vested units count toward redemption. See How Vesting Works for the standard schedules used inside Owner's Circle.
Unit value is periodically declared.
The Founder posts an Owner's Unit valuation on a defined cadence. Each new valuation supersedes the prior active one and is recorded on the ledger. Units keep their granted count; only the recorded unit value moves.
Cash only in declared windows.
The Founder opens annual redemption windows with a stated cash cap and window dates. Participants request redemption against their vested units; the Founder approves subject to the cap; approved requests are paid oldest-first out of the participant's vested unit balance.
Owner's Units are a contractual participation instrument governed by the Owner's Circle program. They are not stock, options, or legal equity, and do not automatically appreciate.