Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Xaurum [XAUR]
by
Poza
on 24/06/2017, 08:03:11 UTC
How come the market cap is $33,665,836 and 120 kg gold is $4,848,210?

Because Xaurum to Gold ratio is not 1:1 and never will be, otherwise there isn't a point of having a token, since it would be like Tether which is always worth approx. the same as 1 dollar. It has a growing gold base which means every Xaurum is worth more gold as time progresses and new gold purchases (mints) are made.