LODE Coin provides a revolutionary opportunity for owners of investment-grade silver bullion to leverage their holdings and exchange real silver for a valuable stake in the LODE Monetary System.
LODE Coin owners will receive rewards as the system mines and then monetizes more and more silver bullion into the existing silver reserves, all at a margin to the retail price for investment-grade silver bullion.
Rewards are known as AGX Pay and will flow to LODE stakeholders in the form of AGX Coins, if and when, the marginal silver exceeds the number of grams required to secure each and every AGX Coin in circulation.
AGX Coins may be used to transact for value when loaded on to a debit card enabled digital wallet and then spent at affiliated participating merchants worldwide. AGX Coins are a digital asset and, as such, may be traded or exchanged on authorized affiliate crypto-exchanges for value.
Over time, the LODE Coin exchange rate will increase and it will require more silver to acquire a LODE Coin if available to issue. The LODE Monetary System utilizes a “scarcity-rule”, and a “discipline-by-ratio” model for the LODE Coin creation events.
Contributing members must use discernment. Read more.
AGX Coin will provide a high speed, low-cost, private and convenient way for AGX Coin holders to load value onto a debit card enabled digital wallet or allow transfers anywhere in the world wallet-to-wallet, person-to-person or be used to trade on an affiliate crypto-exchange for value or even redeemed, when necessary, back into real physical silver.
Members, individuals, merchants, miners and industrial users may purchase and exchange AGX Coins knowing that every coin represents a direct claim upon a one (1) gram weight and measure of the vaulted and verifiable LODE silver held in reserve. AGX coins may be redeemed for physical silver and/or gold bullion products via the LODE Bullion Dealer Alliance, at any time, and from virtually anywhere in the world.
Just like other cryptographic assets, both LODE Coins and AGX Coins will only flow in and out of private wallets when enabled by the encryption keys of the owner, without limits or restrictions, and with verifiable and immutable receipts forever recorded upon the blockchain.