Thursday, April 25, 2024 3:10:03 AM
We have discussed today with the banking group that we will be placing 250,000 grains of gold (16.2 Kilos) for trading, currently priced at $27.144 per token ($27 base price) of which we are charging $6.144 pricing per grain including gas price plus $21 as token premium.
We normally follow 5-10 days cycles to rotate the inventory but 16.2 Kilos of gold has every potential to circulate on a daily basis... We figured out that 250,000 grains is an ideal size inventory for circulation....
As the inventory turnover improves, so the NAV changes per token.
More in the coming weeks,
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