Hello. I have one question...Does anybody know how is the new gold divided in gold for new xaurums and in gold for backing the existing xaurums? Is there any rule for this? For example...60% of gold goes for new xaurums and 40% of gold goes for existing xaurums.
Thank you for the answer already in advance😊
Simplest way to understand:
All Xaurum are equal. There are no new and old Xaurum. There is no split.
When the gold is bought it goes in the same bag and increases the full amount of gold behind all Xaurum.
At every mint the quantity of gold bought is greater than the quantity of gold needed to back new issued Xaurum. The result is "golden dividend" which is given to all Xaurums (existing and newly issued) and this increases the quantity of gold owned by every single Xaurum.