About TXAU
Each tGOLD token represents full ownership and can be redeemed for 1 gram of 99.99% gold, sourced from LBMA-accredited refineries.Aurus is a UK foundation that provides the software, network and crypto infrastructure for global precious metals businesses to merge with the future of finance, in the form of DeFi and Web3 applications - giving them high-tech products, a huge addressable market and passive rewards.The Aurus ecosystem is a highly scalable network made up of precious metals providers, vaults and distribution partners that interact with the Aurus blockchain infrastructure, and work in synergy to mint and distribute precious metals-backed tokens to the broader market.The protocol reward-sharing mechanism allows the Aurus ecosystem to be completely self-sustaining. Ecosystem participants are incentivized to tokenize their precious metals by earning a proportional share of the rewards generated from the usage of tGOLD, tSILVER and tPLATINUM tokens. Bullion providers receive 50% of the rewards generated from tGOLD and 70% from tSILVER and tPLATINUM. The other rewards are equally distributed to the stakers of the ecosystem token, AurusX.The ecosystem's foundations were designed to align the interests of its participants, encouraging the production, distribution and adoption of the precious metals tokens. It is non-exclusive and equally fair to every participant, enabling the entire precious metals market to join and benefit from it.
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Frequently Asked Questions
What Is tGOLD (tXAU)?
Read MoretGOLD (tXAU) is a gold-backed stablecoin on the Ethereum blockchain that is minted by a network of esteemed traders from the traditional gold market. Each tGOLD token is 1:1 collateralized by, and redeemable for 1 gram of 99.99% LBMA-accredited gold, stored in fully audited and insured vaults. 50% of the transaction fees generated by tGOLD are distributed to the holders of AurusX (AX).
What are the benefits of tGOLD?
Read MoretGOLD is a highly portable, transferable, and liquid digital asset. It has the advantages of physically allocated gold, but does not have the drawbacks of limited transportability or high storage costs usually associated with it. Instead, it has the divisibility, fungibility, and tradability of any digital asset like Bitcoin.
Free of recurring storage or management fees, tGOLD offers investors of any size a convenient and cost-effective alternative to traditional gold products, with the additional benefits of real-time 24/7 trading, cryptographically secure instant settlements, and fewer intermediaries.
What makes tGOLD Unique?
Read MoretGOLD (tXAU) was created with sustainability in mind. tGOLD tokens are independently minted by a global network of established precious metals refineries, vaults and traders that participate in the Aurus Ecosystem. Aurus’ decentralized approach to tokenization ensures that the company can never “touch” or influence the gold traded or vaulted, meaning investors are not subject to a single point of failure.
Aurus embraces the decentralized nature of blockchain: DeFi. Holders can (soon) earn a yield on their gold (tGOLD) holdings by providing liquidity to decentralized exchanges (DEX) trading pools. This, for the first time, positions gold as a productive, yield-bearing asset.
Where Can You Buy tGOLD?
Read MoretGOLD can be bought from various Aurus partnered exchanges and precious metals dealers, with multiple fiat and crypto trading pairs available. Visit the Aurus Marketplace.
What Is Aurus?
Read MoreAurus the company behind tGOLD (tXAU), was founded in 2018 and provides the software, network and blockchain infrastructure for global precious metals businesses and financial institutions to merge with the future of finance, in the form of DeFi and Web3 applications. The Aurus platform empowers a global network of precious metals providers, vaults and dealers to autonomously tokenize physical gold, silver, and platinum bullions into tGOLD, tSILVER and tPLATINUM.
Aurus is setting out to create a more inclusive and efficient precious metals market - democratizing access to gold, silver, and platinum for retail and institutional investors alike.
What is the all-time high price of tGOLD (TXAU)?
Read MoreThe all-time high of TXAU was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of tGOLD (TXAU) is 0. The current price of TXAU is down 0% from its all-time high.
How much tGOLD (TXAU) is there in circulation?
Read MoreAs of
, there is currently 0 TXAU in circulation. TXAU has a maximum supply of 0. What is the market cap of tGOLD (TXAU)?
Read MoreThe current market cap of TXAU is 0. It is calculated by multiplying the current supply of TXAU by its real-time market price of 0.
What is the all-time low price of tGOLD (TXAU)?
Read MoreThe all-time low of TXAU was 0
, from which the coin is now up 0%. The all-time low price of tGOLD (TXAU) is 0. The current price of TXAU is up 0% from its all-time low. Is tGOLD (TXAU) a good investment?
Read MoretGOLD (TXAU) has a market capitalization of $0 and is ranked #7374 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze tGOLD (TXAU) price trends and patterns to find the best time to purchase TXAU.