# $SBRO: Asset-backed Tokens

### **$SBRO: Asset-Backed Token for Real-World Yield**

**$SBRO** is the first asset-backed token issued within the TRL ecosystem, representing fractional ownership in **SmashBros**, a revenue-generating group of gastro-bars including Bosko and Granite.

Unlike speculative tokens, $SBRO is backed by **real operating businesses** and delivers **stablecoin yield** derived from actual monthly revenue. Holders benefit from on-chain payouts, exclusive perks, and upside from business performance, without needing to manage operations.

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#### 🔑 Key Features

* **Backed by Real Revenue**\
  $SBRO holders receive a share of business income, distributed monthly in stablecoins.
* **Utility + Perks**\
  Enjoy lifetime benefits like F\&B discounts, event access, birthday packages, and venue privileges tied directly to SmashBros outlets.
* **Tradable and Transparent**\
  Tokenized via smart contracts, $SBRO is tradable on RWA marketplaces such as IX Swap (after holding period). Full visibility into token economics, yield schedules, and business performance is provided.
* **1:1 Airdrop for $TRLCO Presale Buyers**\
  For every $TRLCO token purchased during the presale, users receive one $SBRO token — giving early supporters both ecosystem utility and yield-generating exposure to a real business.

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#### ⚙️ How it Works

1. TRL tokenizes a business with a proven revenue model (starting with SmashBros)
2. A fixed supply of $SBRO tokens is minted, representing claimable revenue rights
3. Revenues are tracked off-chain, aggregated monthly, and distributed to holders on-chain
4. Holders earn yield, use tokens for perks, and may trade on secondary marketplaces after the lockup period

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#### 🌐 Why $SBRO Matters

$SBRO serves as a **live proof of concept** for the broader TRL model, showing how real-world assets can be fractionalized, yield-producing, and community-enhancing.

It sets the stage for future asset-backed tokens, including real estate, service businesses, and more, i.e. each offering investors access to tangible income streams and lifestyle-linked utility, all on-chain.