A Stablecoin backed by the Wealth of the Earth
Introducing a groundbreaking dimension of real-world assets through the innovative hybrid token, Edelcoin. This unique asset payment token, issued in Switzerland, is backed by a meticulously curated basket of precious and base metals. Unlike a single asset-backed token, Edelcoin's diversified basket of metals is designed to provide stability and minimize volatility. As a result, Edelcoin serves as a secure and reliable store of wealth, unaffected by inflationary fiat currencies and independent of monetary policies.
The Edelcoin token is based on the ERC-20 standard and is initially issued on the Ethereum blockchain, with plans for expansion to additional EVM-compatible chains. It is readily tradable on both centralized and decentralized crypto exchanges, ensuring accessibility and liquidity for users.
Each Edelcoin is backed by an overcollateralization of pre-existing metals, securely stored to support the value of the token. Moreover, each Edelcoin holds an excess reserve of backing metals, totaling 125% of the actual metal reserves. These reserves undergo regular independent verification, evaluation, and transparent disclosure, ensuring the integrity and trustworthiness of the Edelcoin ecosystem.