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AGX Coin (AGX) is Lode project launched stablecoin backed by one milligram of gold and launched on Avalanche.

AGX Coin (AGX) is Lode project launched stablecoin backed by one milligram of physical gold and launched on Avalanche. 

AGX Coins are stablecoins backed by one gram of silver. They are redeemable for physical silver on request, in increments of 100 troy ounces (larger bars are available on request). AGX Coins are legally considered pickup slips or warehouse receipts for physical metal and, as such, are considered utility tokens in most jurisdictions.