Exposure to Brazilian rent guarantees
The on-chain rental-guarantee reserve. Built so every real can be verified.
Pilot demoThere is no operating reserve or active guarantee yet.
the market
A billion-dollar market that's never been transparent. Until now.
~$12B
Potential rental-guarantee market in Brazil, per year
18.9M rented homes × R$ 264/mo fee × 12 (IBGE 2025)
18.9M
Households renting in Brazil (IBGE 2025)
up 54.1% since 2016 (IBGE)
the reserve will be
On-chain
demoThe rental guarantee segment that crypto has never accessed.
Anyone will be able to check the reserve.
How it works
From contract to reserve, step by step.
Scroll to follow the money. The reserve isn't operating yet: this is how it will work.
- 01 · Contract
The agency offers the guarantee.
Instead of a personal guarantor or a deposit, the lease gets a fiança from MUTAV, with someone from the team present at the agency.
- 02 · Monthly fee
Every month, the guarantee fee feeds the reserve.
The tenant pays the fee with the rent, and the agency passes it to MUTAV. Part pays for MUTAV's operation, and the rest goes into the reserve.
- 03 · Revenue in reais
The reserve also grows with issuer revenue.
The reserve is held in $BRS, a digital real issued by NoraFinance. Every month, Nora shares part of its revenue with partners, and MUTAV's share goes entirely into the reserve, kept apart from the fees.
- 04 · Late rent
If the rent is late, the reserve pays.
The agency files a payment request and MUTAV checks it. The reserve pays, MUTAV sends the money by Pix to the agency, and the agency passes it to the landlord. The Pix record stays on the network.
- 05 · Coverage
New guarantees only with coverage.
A new guarantee is issued only if the reserve holds the required coverage for every active guarantee. That gate never blocks a guarantee payment.
- 06 · Check
Everyone can check.
The balance and its movements are public. A public balance isn't an audit: it shows the money, not every obligation.
The reserve will be public.
Follow the build
@Mutavfinance
Common questions
What is MUTAV?
An on-chain reserve on Solana that backs rental guarantees in Brazil, offered through the real estate agencies that already run the leases.
Can I invest?
It is not open to public investment. During the pilot the reserve runs on MUTAV's own capital. Capital participation will open only through a regulated vehicle, to eligible investors.
How can I verify the reserve?
The reserve is a Solana program, not a bank statement. Every guarantee, provision, claim payment and capital movement is an on-chain account or event, so anyone can recompute the backing of every guarantee from public state, without trusting MUTAV’s word.