# vnxau

## What is VNXAU?

VNXAU is a gold-backed stablecoin issued by VNX Commodities, representing physical gold stored in secure vaults. Each VNXAU token is backed by physical gold reserves.

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## Key Properties

| Property        | Details                                   |
| --------------- | ----------------------------------------- |
| Backing         | 1 VNXAU = Physical gold backed            |
| Current Value   | \~$95 USD per token\*                     |
| Price Mechanism | Dynamic - Tracks physical gold spot price |
| Asset Type      | Real-World Asset (RWA)                    |
| Redeemability   | Can be redeemed for physical gold         |
| Liquidity       | Tradeable on major DEXs                   |
| Storage         | Professional vault custody                |
| Audits          | Regular third-party audits                |

{% hint style="info" %}
\*Note: VNXAU price fluctuates with global gold markets. Check live price on dashboard.
{% endhint %}

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## Live Price Mechanism

VNXAU tracks the physical gold price.

* 1 VNXAU ≈ 1 gram physical gold
* Price updates with global gold spot markets
* Current range: \~$95 USD per token
* Tied to physical gold markets

BaseGold Dashboard Integration:

* Live VNXAU price via DexScreener API
* Real-time USD value calculations
* 30-second price updates
* Automatic reward value tracking

{% hint style="success" %}
Why This Matters for Holders:

* Your rewards grow with gold price appreciation
* Natural hedge against inflation
* Transparent, DEX-verified pricing
* No hidden price manipulation
  {% endhint %}

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## Why Gold?

### Historical Store of Value

* 5,000+ years as currency
* Finite supply
* Universal acceptance
* Hedge against inflation

### Modern Tokenization

* 24/7 tradeable
* Fractional ownership
* No storage costs for holders
* Global accessibility

### Appreciation Potential

* Gold price historically appreciates
* Safe-haven during market turmoil
* Increasing demand from central banks
* Industrial and jewelry demand

***

## VNXAU vs. Other Stablecoins

| Feature      | VNXAU            | USDT/USDC             | Algo Stables |
| ------------ | ---------------- | --------------------- | ------------ |
| Backing      | Physical Gold    | USD Reserves          | Algorithms   |
| Stability    | Gold-pegged      | Dollar-pegged         | Volatile     |
| Appreciation | Yes (gold price) | No (dollar inflation) | No           |
| Real Asset   | Yes              | Partial               | No           |
| Redemption   | Physical gold    | USD                   | N/A          |


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