Hello.
I have read this sentence:
"This surplus quantity of gold is given to the community as Golden dividend increasing the quantity of all Xaurum"
on xaurumfoundation.com and particularly I can't understand how "gold is given to the community"?
Could you be more specific who is "community" and how it is "given"?
If I hold 100 xaurum tokens - am I a community member?
Will I get this "given" gold somehow (e.g.) by mail?
Who will cover my gold shipping costs?
If actually I won't receive this my "given" gold - but only increase / decrease my/community token supply - this is not actually giving something and certainly not gold.
Thank you for an explanations.
Hello!
Everyone who has Xaurums is part of the community and at any given time you can decide to exchange your Xaurums for gold, the process is called melting. So melting exchanges Xaurums for gold according to the coinage ratio at the time of melting. In April you needed 2068 Xaurums for 1g of gold, today only 983, because there is more gold behind each Xaurum after every Mint. The gold is delivered in 1g bars via mail and of course there are some costs of shipping, depends on your location and the amount of gold.
You can find more at this link
http://www.xaurum.org/melt.html.
:-)