Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold
Dear Bitcoin_Arena,
If you want to buy a big sum of GOLD though our marketplace you will see the maximum amount you can buy there. Right now you can buy GOLD for 3.7BTC. More amounts can be found on some exchanges. But it is not possible to buy more than 9200 GOLD tokens atm. If the most part of GOLD tokens will be sold we will mint more tokens and add more gold to the vault.
Regards,
Support Team @ Digital Gold
https://gold.storage
Oooh, thanks for the response. I think now understand how it works. If there is more in flow of cash then that means there is opportunity to acquire more physical gold to be stored in the vault and therefore mint more gold tokens? If you want to buy a big sum of GOLD though our marketplace you will see the maximum amount you can buy there. Right now you can buy GOLD for 3.7BTC. More amounts can be found on some exchanges. But it is not possible to buy more than 9200 GOLD tokens atm. If the most part of GOLD tokens will be sold we will mint more tokens and add more gold to the vault.
Regards,
Support Team @ Digital Gold
https://gold.storage
If it is then that actually clever
Yes, it do be like that. Supply of gold token co-relates with gold amount stored in billionstar vault, there can't me more or less than what is stored in vault.