🔥 Essential knowledge about the blockchain industry: gold tokens
On-chain records can only show who holds the tokens. To know whether the vault contains enough gold bars, you need to check the audit report and the issuer’s compliance and credibility.
The price of gold tokens mainly fluctuates with the price of gold, which can also rise or fall. Don’t mistake gold tokens for stablecoins.
$PAXG Each token corresponds to one troy ounce of physical gold held in a London vault. Currently 4064.16.
If you understand, comment “1”; if you still have questions, keep asking in the comments.
#PAXG
On-chain records can only show who holds the tokens. To know whether the vault contains enough gold bars, you need to check the audit report and the issuer’s compliance and credibility.
The price of gold tokens mainly fluctuates with the price of gold, which can also rise or fall. Don’t mistake gold tokens for stablecoins.
$PAXG Each token corresponds to one troy ounce of physical gold held in a London vault. Currently 4064.16.
If you understand, comment “1”; if you still have questions, keep asking in the comments.
#PAXG