Digital Ounce Gold Backed by Gold
ONS Gold Token (ONSG)running on the Avalanche C-Chain, Polygon and Ethereum blockchains. price indexed to ounce of gold is a collateralized stablecoin.
ONSG
ONSG ONS Gold
Ounce of Gold Cryptocurrency Hali.
ONS Gold (ONSG) is a collateralized stablecoin on the Avalanche C-Chain, Polygon and Ethereum blockchains. ONSG is collateralized by Gram Gold (GRAMG) backed by physical gold and its price is indexed to the price of an ounce of gold. ONS Gold aims to make ounce gold trading much more accessible by bringing ounce gold trading to the blockchain and facilitate ounce gold transactions.
Trade 24/7
ONS Gold (ONSG) is a digital asset that can be traded 24/7.
Traceable on Blockchain
All transactions realized with ONSG can be monitored transparently on the blockchain.
1:1 Ounce of Gold
The same value of GRAMG is held as a reserve against ONS Gold (ONSG). The GRAMG is backed by physical gold.
No Storage Cost
Unlike physical ounce gold, investors are not charged custody, transfer and administration costs.
Convertible to Turkish Lira
Investors holding ONSG can convert their holdings into Turkish lira via the cryptocurrency trading platform bitlo.com.
24/7 Support
You can get 24/7 support for your token tradings to make an investment in the correct way.
How Does ONS Gold Token (ONSG) Work?
ONS Gold Token (ONSG), which is issued for ounces of gold, is created on the Avalanche C-Chain, Polygon and Ethereum blockchains. For each ONSG generated, the company’s reserve the same value of GRAMG is added. Investors can store ONSG tokens in compatible cryptocurrency wallets.
A smart contract has been created to maintain the supply-demand balance between ONSG and ounces of gold. When ONSG is produced, GRAMG of the same value is automatically added to the company’s reserve by this smart contract. When the GRAMG in the company’s reserve decreases, the smart contract burns the ONSG.
Thus, the 1 to 1 ratio between ONSG and the reserve is constantly maintained. This way, ONSG is not affected by sudden price fluctuations on cryptocurrency exchanges.
ONS Gold Token (ONSG) Advantages
Price Stability
ONS Gold Token (ONSG), like all stablecoins, aims to provide price stability to its investors and protect them from sudden price fluctuations in the cryptocurrency market.
Trading without Middlemen
ONSG makes it easy for its owners to access ounces of gold. Thanks to blockchain technology, it is possible to make ounce gold transactions with ONSG from anywhere in the world, any day and time. The decentralization of the blockchain also eliminates intermediaries such as banks in ONSG transactions.
Peer-to-Peer Transfers
ONSG is peer-to-peer; it can be sent directly from one wallet to another. Thus, ONSG transactions are much faster, cost-effective and secure than transactions with physical ounces of gold.
Transparent Structure
ONS Gold Token (ONSG) is completely transparent. Stablecoin traders usually have to rely on the relevant company’s statement on collateral. You can always view the ONSG supply and its physical counterpart on the blockchain.
Gold ETFs | Physical Gold | ONSG | |
---|---|---|---|
Additional Fee | 19-40 bps per annum | Variable | No |
Minimum Transaction Amount | High | High | 1 TL |
Transaction Limit (min) | Variable | Variable | 1 TL |
Transaction Execution Time | 2 Days | Variable | Instantly |
Instantly convertible | ✗︎ | ✗︎ | ✔︎ |
24/7 Operation | Cannot be done | Cannot be done | Can be done |
Transfer possibility | Middle | Low | High |
Property | Indirect | Direct | Direct |
Storage Cost | Low | High | No |
Accessibility | High | Low | High |
ONS Gold Token (GBPOT) contract wallet address
ONSG Contract
GRAMG Reserve
Frequently Asked Questions
All your questions about ONS Gold Token
ONSG, ani fiyat dalgalanmaları yaşanan kripto para piyasasında fiyat istikrarı sunan bir stablecoin’dir. Fiyatı ons altın tarafından desteklenen ONSG ile dünyanın her yerinden, 7/24 altın işlemleri yapılabilir.
ONSG, madenciliği yapılan bir kripto para birimi değildir. ONSG, Token Teknoloji tarafından, ons altın ile 1’e 1 oran dengesi korunacak şekilde arz edilir.
ONSG, Türkiye’nin köklü kripto para borsaları arasında yer alan Bitlo üzerinden kolayca ve güvenle satın alabilirsiniz.
ONSG, teminatlı bir stablecoin’dir. Dolaşımdaki her ONSG token’ın karşılığı olarak şirket kasalarında eşdeğer miktarda ons altın bulundurulur.
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