The AUC is a crypto utility coin which has variable price and fixed supply. The coin will be backed by some gold to guarantee a minimum token price but will not be pegged to it.
The amount OF GOLD backing each token will increase BY THE PROFIT OF PLATFORM. Aurouz will use a percentage of all Aurouz Ecosystem profits, in order to buy back AUC tokens, and buy more gold to increase its backing.
This will permit to maintain the minimum value of the AUC and control the growth by increasing its value.
AUC token is backed by a pot of gold that guarantee on a minimum of 0.002g of gold per token on day one. AUC backing will increase over time, thanks to the profit generated by the Aurouz exchange and products. Aurouz will use some % of the profit to buy back some AUC and burn, which will make the AUC quantity even lesser.
AUC is secured by a smart contract on the Ethereum blockchain and audited by a trustworthy third party. We protect our gold too. A CQR code provides proof of the authenticity of our gold through the blockchain technology. The CQR code cannot be cloned or manipulated without damaging it.
Aurouz guarantee to buyback AUC token at the value of the physical gold backing it.
This allow our user a greater flexibility of investment without scarifying reliability.
The AUG stable coin is a crypto with each token back by 1 gram of gold.
Aurouz guarantee to buyback of AUG token at the value of the physical gold backing it on our exchange (this will be subject to limitations by regulations). Users will have to go through KYC/KYT to redeem their tokens.
AUG is directly linked to the real-time spot price of gold. Each AUG token is backed by 1g of physical gold. Aurouz is owning 100% of the Australian gold mine in the famous golden triangle area with proven Australian JORC Standard, we have these resources and strength for further assurance and supporting the AUG token.
AUG token is secured by a smart contract on the Ethereum blockchain-based protocol, helps to prevent any human error and allowed maximum portability across the Ethereum blockchain’s extensive network. It is audited by a trustworthy third party regularly. Our physical gold reserves will be fully audited by a reputable auditor.
Aurouz guarantee to buyback AUG token at the value of the physical gold backing it.
This allow our user a greater flexibility of investment without scarifying reliability.
Create and launch a unique NFT phygital collection of gold coins engraved with the finest artwork. The Coin will be embedded with a unique unduplicable QR code that pegs the NFT to the coin.
The Aurouz Exchange is a revolutionary, dynamic, and truly multifunctional platform that serves as a one stop solution for investing into gold whilst also engaging in digital assets. The two flagship tokens for the Aurouz Exchange are AUG & AUC. The exchange will also permit users sell back their AUC and AUG tokens for their value of gold.
Aurouz Exchange will also provide a proof of reserve (PoR) to maintain a maximum transparency for our users.
At Aurouz, we provide up to 10 million transactions per second.
Aurouz exchange is built using the ERC20 token standard on the Ethereum Blockchain and Secure Multi-Party Computation (SMPC).
AurouzCoin are redeemable on our platform only. Our stable coin gold reserve is audited quarterly to assure a maximum of security.
Aurouz exchange is following the regulation to assure a maximum of safety and transparency.