6. Technical Architecture
Last updated
Last updated
The CHREMA ecosystem automates all core functions through smart contracts to ensure reliability and efficiency.
GOLDX Issuance and Redemption: Automatically adjusted based on deposited assets and physical gold reserves.
CHREMA Reward Distribution: Regular automated distribution to liquidity providers and staking participants.
Revenue Distribution Logic: Partial real-world revenue is automatically allocated on-chain.
Voting and DAO Functions: Governance voting systems operate through smart contracts.
All contracts undergo public review and security audits before deployment.
Real-time Data Disclosure
Total issuance, circulating supply of GOLDX, and physical gold vault holdings can be queried in real time on-chain.
Monthly accounting reports are linked to IPFS or blockchain storage for public access.
Dual Verification Through External Audits
Documentation is verified by third-party accounting firms and gold appraisal institutions.
A transparent reporting system compares on-chain data with off-chain audit results to ensure integrity.
Oracles serve as intermediaries that bring off-chain data onto the blockchain.
Within the CHREMA ecosystem, the following external data is connected to smart contracts via oracles:
Gold Price: Real-time gold price API integration (using Chainlink or proprietary oracle solutions)
Mining Reports: Periodic recording of mining output, holdings, and sales revenue on-chain
Vault Status: Records of gold storage history and physical audit details
Supports EVM-compatible networks (e.g., BNB Chain, Polygon)
Plans to introduce interchain bridges in the future
GOLDX and CHREMA will support cross-chain transfers and swaps
Web Platform: Users can deposit, view balances, and receive rewards via the dedicated CHREMA Dashboard.
Mobile Wallet Integration: Supports multiple wallet connections such as MetaMask and WalletConnect.
Proprietary Wallet: A user-friendly dedicated wallet with an intuitive UI for easy access.
Smart Contract Security Audits: Mandatory third-party audits conducted before and after deployment.
Wallet Security: Use of multisignature (Multisig) wallets and recommendation of hardware wallets.
Platform Security: Implementation of two-factor authentication (2FA), risk detection systems, and decentralized operational backups.