Domain Rental Vault

🏠 Domain Rental Flow

The DomainRentalVault enables domain owners to generate income by renting out tokenized domains while ensuring secure agreements for renters. The process is divided into four phases:

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📝 1. Listing Phase

• Owner deposits a domain NFT into the vault via deposit(nft, tokenId)

• The NFT is transferred to the vault and locked as listing collateral

• A listing is created with default parameters

• Owner sets rental terms such as:

  • Price per day

  • Security deposit

  • Minimum and maximum rental duration

  • Accepted payment token

📌 This phase prepares the domain for rental and defines the contract rules.

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⏳ 2. Rental Phase

• Renter initiates a rental with rent(listingId, days)

• Contract validates rental parameters (duration, availability, payment token)

• The total rental cost and protocol fee are calculated

• Renter transfers payment (minus protocol fee) and a security deposit

• Payment is distributed:

  • Protocol fee → Treasury

  • Remaining rental fee → Owner

• Rental record is created with an expiry date

📌 The renter gains the right to use the domain for the agreed period, while the owner earns income.

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⏹️ 3. Rental End

• After the rental duration ends, endRent(listingId) can be called

• The rental record is cleared from the system

• The renter or owner can claim the security deposit back via claimDeposit(listingId, recipient)

• The security deposit is returned to the rightful party

📌 This ensures safe settlement after the rental expires.

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🛠️ 4. Owner Management

• If no active rental exists, the owner can unlist the domain:

  • unlist(listingId) returns the NFT back to the owner

  • Listing is deleted from the vault

• Owners can also pause/unpause listings with pause(listingId, true/false)

📌 This gives owners full control to manage, remove, or temporarily suspend rentals as needed.

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🔑 Key Takeaways

• Domain Owners earn recurring income by listing domains with customizable terms

• Renters get secure, time-bound access to domains by paying upfront with a refundable security deposit

• Treasury collects protocol fees to sustain the ecosystem

• The system ensures trust through escrow, deposit locking, and automated expiry management

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✨ In short: The DomainRentalVault transforms domains into income-generating assets, bridging ownership and utility with secure, transparent on-chain agreements.