First Life Friendly · Pool #2 · Coming May 2026

Humaitá studio,
operated by Lobie

FIRST is fractional equity in 1 studio of the First Life Friendly building, in Humaitá — Rio's most beloved residential bairro, with views of Cristo Redentor and steps from Lagoa Rodrigo de Freitas, Cobal Humaitá and Botafogo. Operated by Lobie (88-year-old group, +750 STR units, 85% average occupancy). Monthly BRLE distributions — CDI-proxy during construction, real rent after habite-se. Target dividend yield ~13% a.a. · Target IRR ~22% a.a. incl. capital gains. Tradable on global secondary markets.

Studio no Humaitá · retrofit alto padrão Fator Realty · operação Lobie · emissão EFIX.

Reserve allocation → See the opportunity
FIRST
First Life Friendly
Coming May 2026
Pool NAVR$ 680,000
Par priceR$ 1.00 / share
Total supply680,000 FIRST
Backing1 × studio · 32 m²
LocationHumaitá, Rio
DeveloperFator Realty (1956)
OperatorLobie (STR)
IssuerEFIX Plataforma de Tokenização e Crowdfunding Ltda
FrameworkHybrid · Reg S Cat 3
Habite-se Jan 2027 · Base mainnet · Chain 8453
Humaitá · Zona Sul · Rio de Janeiro

Aos pés do Corcovado,
entre a Lagoa e Botafogo.
O Humaitá é onde o Rio respira. Cobal pela manhã, samba ao entardecer,
Cristo iluminado quando a noite cai.
O bairro mais querido pelos cariocas.

Humaitá — onde morar é privilégio
Construction yield
~14.4% a.a.
Target div yield
~13% a.a.
Target IRR (10y)
~22% a.a.
Dividend asset
BRLE
The Opportunity
Humaitá, Rio's most-loved residential bairro
First Life Friendly sits in Humaitá — between Botafogo, Lagoa and Jardim Botânico. A walkable, tree-lined neighborhood with views of Cristo Redentor, the Cobal market at its center, and Lagoa Rodrigo de Freitas a 7-minute walk away. FIRST tokenizes fractional equity in 1 studio of the building, so global investors can capture STR economics from one of Rio's premium addresses — without Brazilian real-estate bureaucracy.
Why Humaitá STR

Humaitá is one of Rio's most desirable residential corridors: views of Cristo Redentor, walking distance to Lagoa, Cobal, Botafogo, Jardim Botânico and PUC-Rio. Average STR stay 4-5 days; studio daily rates R$ 280–350 (alto padrão Zona Sul). Lobie runs the full operation: bookings on +100 channels, dynamic pricing, 24h concierge, cleaning, laundry, maintenance.

  • 1 studio in the First Life Friendly building (159 units · 19 floors · 157 residential + 2 ground-floor shops). 32 m².
  • Developer: Fator Realty (founded 1956 — 70-year carioca builder). Architecture by FEU Arquitetura · Inspira Interiores. Habite-se target Jan/2027.
  • Operator: Lobie — 88-year-old group, 45k units managed, +750 STR contracts, 85% occupancy. Botafogo Privilege next door is the operational benchmark.
  • Backed by 1 Lobie Unit NFT with audited monthly cashflow observations once operational.
  • DeFi-composable: tradeable on Uniswap V3, collateralizable on Morpho Blue (62.5% LLTV), listed on global secondary markets.
Pool size
R$ 680k
680,000 FIRST shares at R$ 1.00 par. The smallest pool in the BTR catalog — a clean entry point for new allocators. Continuously NAV-tracked against Chainlink BRL/USD.
The Neighborhood
Humaitá — between Lagoa and Botafogo
A leafy, walkable Zona Sul bairro with the Cobal at its heart. Views of Cristo Redentor from most floors. A 7-minute walk to Lagoa Rodrigo de Freitas, 10 minutes to Botafogo Beach, and the Botafogo metro takes you to Ipanema in two stops or to Centro in seven.
Humaitá · Zona Sul
"O bairro mais querido do Rio"
— Folha de S. Paulo, Veja Rio
Lazer
  • Lagoa Rodrigo de Freitas
  • Parque Lage
  • Mirante Dona Marta
  • Praia de Botafogo
  • Praia do Flamengo
  • Parque da Catacumba
Cultura
  • Espaço Cultural Sérgio Porto
  • Trem do Corcovado
  • Casa de Rui Barbosa
  • Theatro Municipal
  • Cobal cultural events
  • Jardim Botânico
Gastronomia
  • Cobal do Humaitá
  • Aconchego Carioca
  • Galeto Sat's
  • Bar do Lado
  • Empório Jardim
  • Pizzaria Bráz
Turismo
  • Cristo Redentor
  • Pão de Açúcar
  • Jardim Botânico
  • PUC-Rio
  • Lagoa Rodrigo de Freitas
  • Estação metrô Botafogo
The Building
First Life Friendly · 19 floors of Humaitá living
First Life Friendly is a 19-floor, 159-unit Fator Realty development on Rua Largo dos Leões. Architecture by FEU Arquitetura, interiors by Inspira Interiores. Engineered for both long-stay residential use and short-term rental operation. The studio tokenized as FIRST is one of 157 residential units in the building.
First Life Friendly — Render
Fator Realty · 70 years building Rio
First Life Friendly
Rua Largo dos Leões, 15 · Humaitá · Rio de Janeiro
  • 19 floors · 159 units — 157 residential + 2 ground-floor shops
  • Studio of ~32 m² — STR-optimized layout
  • Memorial nº 5.356 — 3º RGI/RJ — registered title
  • Habite-se forecast Jan/2027 — ~8 months from offering close
  • Cristo views from upper floors — Zona Sul premium
  • Common areas: pool, gym, party room, coworking, rooftop deck
Architecture by FEU Arquitetura · interiors by Inspira Interiores — Rio studios specialized in residential and hospitality projects.
The Partnership
Tradition + tokenization, side by side
Two partners, one operation. Fator Realty incorporates and builds, Lobie operates the STR floor, and EFIX issues the token. A 70-year carioca builder paired with the modern, tech-forward Lobie operation — globally distributed via on-chain rails.
70 anos construindo o Rio

A Fator Realty é uma das incorporadoras mais tradicionais do Rio de Janeiro, fundada em 1956. Suas obras se distribuem por Copacabana, Botafogo, Humaitá e Jardim Botânico. O First Life Friendly soma a tradição construtiva da Fator com a operação STR de ponta da Lobie — um casamento que vira ativo tokenizado.

Backed by institutional-grade infrastructure
OpenZeppelin
Security audit
Fireblocks
Custody
Bridge
USD/EUR onramp
CoinGecko
Price feed
CoinMarketCap
Listing
DefiLlama
TVL tracking
Operator track record
Lobie Botafogo Privilege — the FIRST benchmark
Botafogo Privilege is Lobie's flagship in the same geographic corridor as Humaitá, with comparable building standards and demand profile. It hit 92% occupancy and +184% m² appreciation in 18 months — that's the operational track record FIRST is targeting.
Copacabana · Leopoldo Miguez
Lobie Leopoldo Miguez
12.54% a.a.
24 studios / double-studios · sold out in 24h · TIR 18.14% a.a. w/ capital gain.
Centro · Reviver
Lobie Casa Mauá
15.53% a.a.
224 studios · sold out in 48h · first habite-se Reviver Centro · TIR 25.69% a.a.
Botafogo · R. da Passagem · vizinho do FIRST
Lobie Botafogo Privilege ★
13.59% a.a.
110 units · 92% occupancy · +184% m² appreciation in 18 months · TIR 28.03% a.a. Same Zona Sul corridor as Humaitá.

Botafogo is the immediate geographic neighbor of Humaitá — same Zona Sul corridor, same demand profile, same construction standard. The Botafogo Privilege track record is the most direct operational proxy for what FIRST is targeting.

Expected returns
How you earn, phase by phase
FIRST pays monthly BRLE distributions from the moment the offering closes. During construction (~8 months), the SPE parks IPO capital in BRLE-linked yield (CDI proxy). After habite-se (Jan/2027 target), the same contract routes real STR rental cashflow — phase-tagged on-chain.
Month 1 – 8 · Construction (May/26 → Jan/27)
CDI-proxy via BRLE
~14.4% a.a.
Treasury parks the R$ 680k IPO capital in BRLE-linked CDI yield. Approx. R$ 8,160/mo distributed across the pool. Phase-tagged ConstructionProxy.
Month 9 · Ramp-up (Feb/27)
Habite-se + first occupancy
Transitional
Habite-se issued. Furniture installation, listing creation, first guests. Phase-tagged RampUp. Partial CDI proxy + first STR revenue.
Month 10+ · Operational (Mar/27 →)
Real STR rental
~13% a.a.
Lobie stabilizes the studio at ~R$ 7,367/mo gross. Daily rate ~R$ 280–350 (alto padrão Humaitá), 65–72% occupancy. Phase-tagged Operational.

Target 10-year IRR of ~22% a.a. nominal, including capital-gain valuation of the underlying m² (Humaitá appreciation base case). Sensitivity range ~12–14% a.a. div yield depending on occupancy (60–75%) and daily rate (R$ 250–380). Sources: Lobie Botafogo Privilege report, Fator Realty market study (April 2026).

Allocate
Reserve FIRST — three payment rails
FIRST opens for primary allocation in May 2026. Reserve your slot now: wire funds to EFIX Plataforma de Tokenização e Crowdfunding Ltda using whichever rail is fastest for you. Once the offering closes and the deposit clears, FIRST tokens are delivered to your Base wallet. PIX settles in minutes; ACH in 1-2 business days; international Wire same-day if sent before 15:00 UTC. After primary, FIRST trades on global secondary markets via Uniswap V3.
Reserve via the EFIX wallet
Same email-first flow as our efix.finance/app/wallet. Log in with your email, we generate a smart wallet on Base for you (no MetaMask, no gas), pick your rail, and EFIX's operator wallet receives your funds — FIRST tokens are delivered to your smart wallet automatically when the offering closes.
🇧🇷 BRL · PIX
Instant BRL
Recommended for Brazilian accounts. QR code generated in-app; settles in minutes.
🇺🇸 USD · ACH / Wire
Domestic US transfer
Virtual bank details issued via Bridge.xyz. ACH: 1-2 business days. Wire: same-day.
🇪🇺 EUR · SEPA
EU transfer
SEPA details via Bridge.xyz. Typical settlement: 1 business day.
Log in with email
Alchemy Account Kit creates your ERC-4337 smart wallet on Base.
Pick PIX, ACH/Wire or SEPA
PIX shows a QR. ACH/Wire/SEPA shows Bridge.xyz virtual bank details you own.
Operator wallet receives
EFIX Plataforma de Tokenização e Crowdfunding Ltda operator wallet receives your BRL/USD/EUR deposit.
FIRST delivered
Treasury transfers FIRST to your smart wallet at par on offering close. Tradable on Uniswap V3 thereafter.
Operator wallet: BRL via PIX lands in EFIX Plataforma de Tokenização e Crowdfunding Ltda's bank account (CNPJ 60.756.859/0001-57); USD/EUR via Bridge.xyz is auto-converted to USDC and deposited to your smart wallet. Treasury then settles FIRST at par — 1 FIRST = R$ 1.00 — per your allocation size on offering close.
Smart Contracts · Base mainnet
Contracts to be deployed on offering open
Solidity 0.8.22, OpenZeppelin v5.4, optimizer 200 runs, viaIR. All contracts immutable, no proxy, no upgrade path. Same audited framework as SALRIO Pool #1, with FIRST-specific instances.
🔵 Base Mainnet Chain 8453
HausBTRShare (FIRST) 0x0000…0000 · TBD
FirstOracleV1 0x0000…0000 · TBD
Uniswap V3 Pool (FIRST/BRLE 0.3%) 0x0000…0000 · TBD
Morpho Blue Market 0x0000…0000 · TBD
Lobie-Haus-Btr Safe (2-of-3) 0xa09d…40D6
Lobie Unit Registry 0xd8C3…4638
BTROfferingRegistry 0x1287…01Fe
BRLE (dividend asset) 0x7D12…82F6
Note: FIRST-specific contracts (token, oracle, AMM pool, Morpho market) will be deployed on offering open in May 2026. Shared infrastructure (BTROfferingRegistry, Lobie Unit Registry, BRLE, Lobie-Haus-Btr Safe) is already live and reused across all BTR pools.
Risk & Compliance
Read before you allocate
FIRST is a Regulation S Category 3 offering. Primary distribution is restricted: no U.S. persons may participate in the initial offering. EFIX Plataforma de Tokenização e Crowdfunding Ltda is the issuer; Lobie is the operator; Harris & Trotter audits cashflow observations before they land on-chain. FIRST tokens will trade freely on global secondary markets after the 12-month Reg S compliance period.

Key risks

Construction risk: habite-se (target Jan/2027) may be delayed. Operational phase cash flows depend on habite-se being issued on schedule. During any delay, CDI-proxy yield continues at ~14.4% a.a.

STR demand risk: operational rent depends on Rio de Janeiro short-term-rental demand, which is seasonal and sensitive to macro and tourism factors. The Botafogo Privilege benchmark suggests 65-92% occupancy is achievable in this corridor.

Single-unit concentration: FIRST is backed by 1 studio. A vacancy or maintenance event affects the full pool's monthly distribution. Smaller pools amplify both upside and idiosyncratic risk.

Regulatory risk: CVM, BCB, or securities-law changes in Brazil or Reg S compliance changes in the U.S. could alter the offering's structure.

Smart-contract risk: all contracts are immutable and audited; however, no smart contract is risk-free.

FAQ
Common questions
If you don't see your question here, email ernesto.otero@hausbank.com.br.
When does the offering open?
FIRST primary opens in May 2026. Reserve your slot now via the form above; tokens deliver to your smart wallet on offering close.
What's the minimum allocation?
R$ 1,000 (or ~$200 USD equivalent). No maximum for primary.
Can U.S. persons buy FIRST?
Not in the primary offering (Reg S Category 3). U.S. persons can only purchase on the secondary market (Uniswap V3) after the 12-month distribution compliance period ends.
Can I trade FIRST on global exchanges?
Yes. After offering close, FIRST is freely tradeable on Uniswap V3 (Base) and listed on CoinGecko, CoinMarketCap and DefiLlama. Any exchange that supports Base ERC-20 tokens can list FIRST. Reg S Cat 3 imposes a 12-month restriction on U.S.-person purchases only.
How are dividends paid?
In BRLE (the BRL stablecoin on Base). Operator calls depositDividend() monthly. You call claim() from your wallet to pull your accrued BRLE — or any third-party can call claimFor(you).
Can I borrow against FIRST?
Yes — once the Morpho Blue market opens, deposit FIRST as collateral and borrow USDC up to ~62.5% LTV. Also tradeable on Uniswap V3 if you prefer instant liquidity.
Is there a lock-up?
No contract-level lock-up. However Reg S Category 3 imposes a 12-month "distribution compliance period" during which transfers to U.S. persons are restricted.
How does FIRST differ from SALRIO?
Both are Hybrid framework BTR pools on Base. SALRIO is 5 studios in Porto Maravilha (R$ 1.86M); FIRST is 1 studio in Humaitá (R$ 680k) — same operator (Lobie), same dividend asset (BRLE), same legal framing (Reg S Cat 3). FIRST is the smaller, premium-Zona-Sul pool.

Reserve your slice of Humaitá

680,000 FIRST shares at R$ 1.00 par. Fractional equity in 1 Humaitá studio, monthly BRLE dividends, DeFi-composable, globally tradable.

Reserve allocation → ← Back to BTR hub