# Pool Lifecycle Wagon Network follows a clear and structured process to manage tokenized assets. Each pool moves through three main phases — from tokenization to monthly yield distribution, and finally to maturity — ensuring full transparency, traceability, and security via smart contracts.

The full lifecycle of a tokenization pool — from deposit to asset rental and investor exit.

## 🟢 **Open Phase - Tokenization & Participation** In this stage, assets are acquired and tokenized, and investors can participate: * 🏢 **SPV Formation** – A Special Purpose Vehicle (SPV) is established to legally own the asset * 🚛 **Asset Acquisition** – The asset (e.g. truck or equipment) is purchased and insured * 🪙 **Token Issuance** – Tokens are minted 1:1 to represent investor participation rights * 👤 **Investor Participation** – Investors deposit stablecoin and receive asset-benefit tokens in return *** ## 🟠 **Active Phase** – Income Generation During this stage, the asset is in operation and generates monthly yield: * 🔧 **Asset in Use** – The asset is rented to a verified logistics operator under contract * 📊 **Data Tracking** – Asset performance and rental payments are monitored * 💸 **Rental Payments** – Monthly rent fees are collected by the SPV * 💰 **Yield Distribution** – Smart contracts distribute rental income to token holders in stablecoin * 💵 **Principal Provision** – A portion of each rental cycle is set aside as a reserve for principal repayment at maturity *** ## 🔴 **Matured Phase** – Redemption & Exit At the end of the lifecycle, the pool reaches maturity: * ⏳ **Pool Ends** – The Pool time concludes * 🔥 **Token Burn** – Asset-benefit tokens are redeemed and burned * 💵 **Principal Returned** – Investors receive back their full principal from the principal provision * 🏷️ **Optional Asset Sale** – If the asset is sold, net proceeds (after costs and taxes) are distributed to investors