> For the complete documentation index, see [llms.txt](https://doc.chrema.net/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://doc.chrema.net/4.-token-structure/goldx-rwa-token.md).

# 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]
  1. Recoverable ore volume: 1,586,320 tons × 50% = 793,160 tons
  2. 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.