11. The Outcome

RAVA replaces model-based valuation with continuous, performance-based markets.

Ownership of real assets remains private.

Performance becomes public, tradable, and transparent.

NAVs remain as accounting references, but true value emerges through continuous trading of rFund tokens.

Each rFund market represents a live expression of collective belief about future realized yield.

When the next cash event occurs, belief meets evidence.

This architecture transforms private yield into a continuous pricing system that unifies real-world performance and market logic.

Final Summary

Market Truth = f(Realized Cashflows, Continuous Trading)

and

RAVA = Ownership (Private) / Performance (Public)

In essence:

RAVA builds the first continuously priced market for real-world yield.

It allows RWA holders to sell performance, not property.

It allows investors to trade belief against truth.

It allows finance to operate at the speed of information, with realized cash as the final arbiter of value.