Token Features
Great Accessibility: XAGm ERC-20 enables seamless movement at any time without traditional financial market restrictions.
Potential Use in DeFi and CeFi Applications: XAGm is intended to be designed for potential use across DeFi and CeFi applications, with possible use cases including participation in collateralized lending or borrowing, subject to future development and integration.
Fully Redeemable: Token holders can exchange their XAGm holdings for physical LBMA standard silver at the prevailing ozPerToken value, subject to token holder’s verified account status with Matrixdock and sufficient tokens to redeem a suitable silver bar available in the inventory.
Trusted Audits: Attestations and audits are provided to ensure full transparency and trust of the underlying LBMA silver assets which back the XAGm tokens.
Transparent Proof of Assets: Matrixdock Silver platform provides real-time display of underlying assets, providing token holders with the ability to retrieve the serial number and physical attributes of their allocated vaulted silver at any time. This can be checked by using the allocation lookup function on the website.
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