Aurum Platform
Aurum Platform is the backbone of the Aurum Network ecosystem, providing users with a comprehensive suite of financial services that leverage blockchain technology for enhanced transparency and efficiency.
The platform facilitates the seamless bullion banking services such as GCA and GAE with integration of traditional financial products with blockchain-based solutions
Services include:
Tokenization of Bullion Gold
Aurum Network has secured a 3-ton bullion gold allocation from its first partner, Quantum Metal Bullion Bank (Australia). This gold serves as the foundational reserve for the Aurum ecosystem and has been tokenized into Quantum Metal Gold Tokens (QMGT), where 1 QMGT = 1 gram of gold, denominated up to six decimal places. This initial tokenized allocation powers the ecosystem’s gold-backed transactions and utilities. Should the ecosystem require additional gold liquidity, Quantum Metal Bullion Bank (QMB) or other partner bullion banks may assign further bullion reserves for tokenization, ensuring the platform can scale responsibly with demand.
The issuance of QMGT tokens backed by real gold from the bullion bank, ensuring value stability and investor confidence. This innovative approach allows users to own a piece of real-world value in a secure, tokenized form that they can easily trade or use for transactions within the ecosystem.
Multi-Asset Wallets
Secure, user-friendly wallets that support various digital and tokenized real-world assets. These wallets integrate cutting-edge encryption to safeguard user funds and provide seamless management of multiple asset types from one interface.
Gold Convert Account (GCA)
A service that allows users to "lock in" their gold value by maintaining the equivalent grams of gold over time. This feature allows users to hold onto the value of their gold while still having the flexibility to spend or use their funds for other purposes.
How does Gold Convert Account (GCA) Work?
You Want to Buy Gold and Still Keep Liquidity
Let’s say you want to buy 1,000 USDT worth of gold, but don’t want to lock up all your money.
You Use GCA to Convert & Borrow
With GCA, you buy $1,000 worth of gold.
Then, you receive back 85% of your funds as USDT (that’s 850 USDT) — instantly.
You still own the full 1,000 USDT worth of gold in your Aurum inventory.
Fees To Understand:
Transaction Fee: 0.2% of total gold convert amount paid in $AUN
So your total upfront is:
Gold Convert Amount + 0.2% Transaction Fee
Total Tokenized Gold Received = Gold LME Price + Spread
Example Gold LME Price: $100 / gram
Spread: +7% from the LME gold price in grams
Tokenized Gold Received: Full GCA Amount / (Gold LME Price + Spread )
You’ll receive: 9.345794 grams of gold ($1,000 ÷ $107)
Your Gold Inventory is Working for You
Even though you got $850 back, you still own 100% of the gold. As gold prices increase, the value of your inventory rises.
When you’re ready, you can repay the $850 to regain full access, or sell the gold and receive the balance after deductions.
You Want to Sell Your Gold
If you see the gold price rise and want to cash out:
Log in to your Aurum Platform account, Click the "Terminate" button in your GCA transaction dashboard.
The system will sell your gold at the current price
Here’s what happens next:
From the sale amount, the 850 USDT borrowed amount is deducted
The balance (your capital + profit) is sent to your wallet in USDAu
Gold Asset Enhance (GAE)
Gold Asset Enhance (GAE) is a product of Aurum Network designed to help users to maximize their capital and expand their gold holdings. With a down payment of 10%, a flexible payment boost of 90% is provided to enhance gold-buying potential.
Buy/Sell
A simple, user-friendly interface for buying and selling gold-backed digital assets (QMGT), making it easy for users to acquire or liquidate their holdings.
Redeem
Beyond converting QMGT directly to USDAU, members can redeem their gold holdings through our global network of verified Redemption Partners. These partners include jewelry stores, bullion vending machines, e-commerce platforms specializing in precious metals, and other gold-related businesses—offering members real-world access and utility for their gold assets.
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