AurusSILVER (AWS) is a silver-backed stablecoin on the Ethereum blockchain that is minted by a network of esteemed traders from the traditional precious metals market. Each AWS token is 1:1 collateralized by, and redeemable for 1 gram of 99.99% LBMA-accredited silver, stored in fully audited and insured vaults.
What are the benefits of AurusSILVER?
AurusSILVER is a highly portable, transferable, and liquid digital asset. It has the advantages of physically allocated silver, but does not have the drawbacks of limited transportability or high storage costs usually associated with it. Instead, it has the divisibility, fungibility, and tradability of any digital asset like Bitcoin.
Free of recurring storage or management fees, AWS offers investors of any size a convenient and cost-effective alternative to traditional silver products, with the additional benefits of real-time 24/7 trading, cryptographically secure instant settlements, and fewer intermediaries.
What Makes AurusSILVER Unique?
AurusSILVER was created with sustainability in mind. AWS tokens are independently minted by a global network of established precious metals refineries, vaults and traders that participate in the Aurus Ecosystem. Aurus’ decentralised approach to tokenization ensures that the company can never “touch” or influence the silver traded or vaulted, meaning investors are not subject to a single point of failure.
Aurus embraces the decentralised nature of blockchain: DeFi. Holders can earn a yield on their silver (AWS) holdings by providing liquidity to decentralised exchanges (DEX) trading pools. This, for the first time, positions silver as a productive, yield-bearing asset.
How many AurusSILVERare there?
The current circulation of AurusSILVERsupply is about 732,127.58 AWS tokens.
Where to store AurusSILVER?
AurusSILVER (AWS) is hosted on the Ethereum network (ERC-20), therefore, you may store your AWStokens in any ETH compatible digital wallet such as Metamask and imToken. If you wish to store your AWStoken in a safer place, you can try to store them in a hardware wallet that supports it. It would be a more secure solution and greatly reduce risk of being compromised.
