Kinesis Silver (KAG) offers a silver-backed stablecoin with passive yield and global spendability. More
Fully Diluted Valuation | $143.16M |
---|---|
24H Trading Volume | $140,302 |
24H Low / High | $36.47 / $ 37.73 |
Circulating Supply | 3.82 M |
Total Supply | 3.82 M |
Max Supply | 0.00 |
Categories | Tokenized Silver 4 more |
---|---|
Founder | Kinesis |
Website | kinesis.money Whitepaper |
Socials | 3 more |
Chains | Kinesis Silver Ecosystem |
Explorer | Kinesis |
Name | Pair | OG Score |
---|
Kinesis Silver (KAG): A Silver-Backed Digital Currency
Kinesis Silver (KAG) is a silver-backed digital currency launched by Kinesis, a global trading and digital asset utility platform. Each Kinesis Silver (KAG) token is backed by one ounce of investment-grade silver bullion, securely stored in Kinesis’ fully insured, audited vaults.
Mission and Utility
The mission behind KAG is to reintroduce physical silver as money and provide the global community with a stable store of value. KAG offers the everyday utility of a fiat currency, the borderless efficiency of a cryptocurrency, and none of the inherent volatility.
Unique Features
In an economic first, KAG holders earn a passive yield - paid monthly in KAG - simply for holding their metals on the Kinesis platform. This yield is calculated from a 15% share of Kinesis’ global transaction fee revenue. Unlike other silver tokens, KAG can be instantly spent with the Kinesis Virtual Card, globally, allowing holders to convert their KAG holdings into local currency at the point of sale, anywhere Mastercard is accepted.
Founders and Background
Kinesis was founded in 2018 by Thomas Coughlin, the CEO, and Jai Bifulco, the COO. The platform facilitates the exchange, management, and monetary application of native physical gold and silver-based digital assets and cryptocurrency. Its strategic partner, Allocated Bullion Exchange (ABX), facilitates the vaulting of all underlying physical gold and silver.
Redemption
Every ounce of silver underpinning KAG is available for redemption on the Kinesis platform, with redemption costs among the lowest in the industry. Holders can redeem as little as 200 ounces of the underlying silver bullion their KAG is based on.
Kinesis Silver (KAG) offers a unique blend of stability, utility, and yield, making it an attractive option for those seeking exposure to physical silver in a digital format.
Kinesis Silver (KAG) offers a unique combination of physical silver backing, a passive yield for holders, and instant spendability worldwide through the Kinesis Virtual Card, distinguishing it from other silver-backed digital currencies.
Kinesis Silver (KAG) was launched by Kinesis, founded in 2018. The platform's strategic partner, Allocated Bullion Exchange (ABX), brings over 10 years of experience in the industry to facilitate the trade and management of physical precious metals on a global scale.
You can buy Kinesis Silver (KAG) on BitMart, Emirex, Kinesis Money cryptocurrency exchanges.
There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This website uses cookies to enhance your experience. Please see our Cookie Policy.