4. Token Structure

4.1 Token Overview

The CHREMA ecosystem adopts a dual-token structure, with each token serving distinct roles:

Token	Type	주요 기능
GOLDX	RWA Asset Token	Physical gold-backed asset with 1:1 peg, used for collateral and deposits
CHREMA	Utility Token	Rewards for liquidity provision, transaction fee sharing, and DAO participation

4.2 Summary of Differentiating Features

Key Elements	CHREMA Ecosystem Features
Real-World Revenue Basis	Mining revenues circulate back into the CHREMA ecosystem
On-Chain Transparency	Real-time tracking of GOLDX holdings and issuance
Decentralized Participation Structure	Direct participation in DAO voting and ecosystem governance via CHREMA
Support for Complex Liquidity Structures	Utilization of diverse liquidity strategies including AMM v2, v3, and more

4.3 Comparative Projects

The following projects, like CHREMA, tokenize gold-backed RWAs or physical assets on the blockchain and implement revenue-sharing DeFi models:

• PAX Gold (PAXG): 1:1 gold-backed token, listed on exchanges

• Tether Gold (XAUT): Gold-backed RWA, Ethereum-based

• Cache Gold (CGT): Real-time gold reserve verification

• Ondo Finance: Bond and revenue asset-based DeFi

• Centrifuge: Linking various RWAs to DeFi

Comparison Table

Item	CHREMA	PAXG	XAUT	Ondo Finance	Centrifuge
Real-World Asset (RWA) Backed by Physical Gold	✅	✅	✅	❌	✅ (bonds, invoices, etc.)
1:1 Proof of Gold Backing	✅ Real-time Data + Auditing	✅ Appraisal Institution Certification	✅ Based on Internal Reports	❌	✅ Focused on Physical Proof
DeFi Integration Structure	✅ AMM+Staking	Partial (Limited DeFi integration)	❌Exchange-Centric	✅ Liquidity Bonds	✅ Linked with Platforms like MakerDAO
Physical Asset Revenue → On-chain Distribution	✅ Gold Mining Revenue Model	❌	❌	✅ Bond Interest Linked	✅ Bond Recovery Mechanism
DAO and Governance Framework	Planned Implementation (2026 onward)	❌	❌	✅	✅
Community Reward System	✅ Based on CREMA	❌	❌	✅	✅

Differentiation Points

CHREMA’s Unique Strengths

• Real-World Revenue-Based Reward Structure: Beyond simple gold-backed tokens, CHREMA links mining revenues from actual gold mines directly to user rewards.

• Deep DeFi Integration: Incorporates complex liquidity mechanisms including AMM (v2, v3), staking, and reward programs.

• Dual On-Chain and Physical Audits: Simultaneous verification through third-party accounting firms and smart contract-based audits ensures transparency and trust.

• Participant-Centric Design: Seamless user journey from GOLDX staking to earning CHREMA rewards and active DAO participation.