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Asset verification and Audit

1. Token Value Peg

Each 1 AGT token is equivalent to 1 gram of physical gold.

  • Ensures direct 1:1 linkage to real-world assets
  • Enables stable and transparent gold-backed asset operations

2. Gold Custody and Storage

  • Physical gold is securely stored in high-security vaults or held by professional custodian institutions
  • External auditing firms or accounting agencies are engaged for regular inspections

3. Audit Schedule and Procedures

  • Audit Frequency: Quarterly or semi-annually
  • Audit Items Include:
    • Physical gold inspection (weight, purity, serial number)
    • Financial report verification
    • Consistency check between minted AGT supply and gold reserves

4. Verification Process

  • On-site inspections for gold verification
  • Documentation audit: contracts, transaction logs, buy/sell records
  • Smart contract verification:
    • Number of Token issued, locked, or burned

5. Pegging Structure Assurance

  • Maintains a 1 AGT = 1 gram of gold peg at all times
  • upports price stability and user confidence

6. Public Audit Reports

  • Audit outcomes are published in quarterly reports
  • Reports include:
    • Total gold reserves
    • Date and agency of the audit
    • Summary of audit procedures
    • Identified issues and improvement recommendations

7. Proof of Reserves (PoR) System

  • Implements an on-chain PoR system
  • Real-time publication of key data: gold reserves, AGT token supply
  • Automated data updates triggered by large transactions

8. AMA & Public Disclosure

  • After audit results are published, an AMA or public Q&A session is held
  • Encourage community and stakeholder engagement
  • Major structural changes are subject to governance voting
    • (e.g., audit/custodian changes)

9, Transparency & Trust-Based Governance

  • AGT's peg stability and trust are systemically guaranteed
  • ARW tokens are used to encourage governance participation and reinforce transparency
  • Aims to establish global user confidence through consistent and verifiable practices