GOLDX (RWA Token)
GOLDX Issuance Structure
1. Overview
GOLDX is the CHREMA ecosystem’s real-world asset (RWA) token that references the value of physical gold under a defined peg unit. Rather than representing a full troy ounce, GOLDX is designed for fractional accessibility: each token is pegged to 0.1 gram of gold (1 GOLDX = 0.1g). This structure enables smaller ticket participation while retaining physical-asset reference, with reserves and circulation reconciled through audits and custody verification.
2. Present Value Assessment of Reserves (Valuation Model)
Calculates the potential value of Daenam Mine reflecting current gold prices and exchange rates. [Valuation Assumptions - As of January 2026]
Reserves Subject to Valuation: Based on the ‘Reference Ore Quantity’ of 1,586,320 tons from the 1990 report, conservatively assuming only 50% as Recoverable Reserves.
Applied average grade: Report standard grade of 6.0 g/t applied. [Value Calculation Simulation]
Recoverable ore volume: 1,586,320 tons × 50% = 793,160 tons
Total gold content (g): 793,160 tons × 6.0 g/t = 4,758,960 g (approx. 4.76 tons)
2. Token Parameters
Peg (Unit of Account): 1 GOLDX = 0.1 gram of gold.
Purity Standard: Gold backing targets investment-grade purity (e.g., 99.95%+) subject to custody documentation.
Issuance Cap (TGE Program): 47,589,600 (The issuance amount may vary depending on the actual amount of gold mined.)
Network Standard: GOLDX may be deployed on an EVM-compatible network. (If a single chain must be stated, use BNB Chain, BEP-20, consistent with the business plan.)
3. Issuance (Mint) and Burn (Redeem) Logic
GOLDX supply is managed by smart contracts that reflect verifiable reserves and platform settlement logic.
Mint: Tokens are minted when backing conditions are met and issuance is authorized under the cap and compliance process.
Burn: Tokens are burned when redeemed or retired, reducing circulating supply accordingly.
Supply-Reconciliation Rule (recommended statement):
Physical gold reserves (grams) should reconcile with: circulating supply × 0.1g.
4. Proof of Reserves, Custody, and Audit
To maintain investor confidence and reduce ambiguity in backing claims, GOLDX uses a dual verification approach:
Third-party accounting audits: periodic audits verify that physical gold reserves reconcile with GOLDX circulation under the 0.1g peg.
Custody verification: vault custody documents, appraisal reports, and storage attestations support the existence and condition of physical gold.
Custody verification: vault custody documents, appraisal reports, and storage attestations support the existence and condition of physical gold.
5. Physical Redemption Policy
Physical gold redemption is scheduled to begin in June 2028.
• Minimum redemption sizes (logistics efficiency):
100g gold bar: 1,000 GOLDX
1kg gold bar: 10,000 GOLDX
• Redemption may require KYC/AML and jurisdictional compliance, and may be supported through approved logistics and custody partners.
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