VIIIDA Gold (AUV) Live Price and charts Today

VIIIDA Gold (Auv) is a Swiss-Brazilian project that consists of a crypto asset known in the market as ''stablecoin'', which refers to its value being paired with the gram of gold. VIIIDA Gold (Auv) is a Swiss-Brazilian project that consists of a crypto asset known in the market as ''stablecoin'', which refers to its value being paired with the gram of gold, which makes the Token a stable digital asset - or at least as stable as gold. A ''stablecoin'' is a crypto-asset, whose price always remains close to the asset that supports it, this is possible due to the security of blockchain technology and the stability of traditional assets, in this case, gold. The Gold backing the token is mined in Brazil according to the mining plan approved by the Brazilian National Mining Agency (“ANM”) and then sent for physical retention in Switzerland. Each unit of the Token represents 1 (one) gram of Gold, and the Token can be divided into fractions of up to 18 (eighteen) decimal places. The Token acquirer, provided that the redemption rules and requirements are met, may redeem the Gold, but must hold a minimum amount (or multiples) of 250 (two hundred and fifty) VIIIDA Gold, which represents an amount of 250 (two and fifty) grams of Gold (or multiples of 250 grams). Therefore, VIIIDA Gold is a token that transfers ownership of 1 gram of gold to its holder.