Aurus Offers Blockchain based Rewards in Gold, Silver and Platinum April 11, 2022 April 11, 2022 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsApril 11, 2022 by Kelly Cromley

Aurus Offers Blockchain based Rewards in Gold, Silver and Platinum

As portion of its V2 Ecosystem update, Aurus, a digital metals proponent promoting precious metals using blockchain technology, has released its much awaited rewards program. Tokens pegged to gold, silver, and platinum will be issued to AurusDeFi (AWX) and precious metals associates, who will begin receiving passive benefits in these tokens.

Every token reflects a partial ownership stake in a digital asset like gold on the blockchain platform. For instance, AurusGOLD (AWG) is pegged to 1 gram of actual gold on a 1:1 basis. The gold is audited and stored in insured vaults across the globe by the Aurus Group.

With Aurus, precious metals merchants may tokenize their gold, silver, and platinum bullion holdings on the blockchain, a facility that Aurus offers in the form of Tokenization-as-a-Service. Investing in Aurus precious metal tokens gives access to actual precious metals at a low cost and with ease, on a 24×7 basis.

Ecosystem participants get a proportionate share of any Aurus token fees that have accrued. AWX Stake & Claim distributes 50% of AWG and 30% of AWS and AWP charges to the owners of AWX tokens upon debut.Aurus minting associates get the remaining 50% of AWG fees and 70% of AWS and AWP fees.

There are only 30 million units of AurusDeFi (AWX) in circulation, which makes the Aurus Ecosystem utility token restricted in quantity. In the Aurus Ecosystem, AWX holders are entitled to receive continuous incentives in Gold (AWG), Silver (AWS), and Platinum (AWP).

Paul Withers, CEO at Direct Bullion, said “As technology progresses, everything will be digitized. We at Direct Bullion can now provide a unique digital product to our customers and conduct smooth settlements beginning at 1 gram with Aurus. Rather than relying on one-time premiums, we are in a position to lure customers from new spectrum, while accessing ongoing income streams.”

Guido van Stijn, Managing Director at Aurus, stated “Having a stable source of income should be available to everybody. Using blockchain technology, Aurus is making precious metals more accessible and affordable for everyone. Making precious metals trading more accessible and competitive.”

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.