Kinesis Gold

Kinesis Gold (KAU) is a gold-backed token where each unit represents one gram of investment-grade gold bullion. The gold is held in fully insured and audited vaults operated by Kinesis, a trading and digital asset platform, and holders can redeem tokens for physical metal.

The project's stated purpose is to give gold the practical usability of a currency. Physical gold is a reliable store of value but is impractical to spend, store, or divide. Tokenizing it at one gram per unit makes it divisible and transferable, and Kinesis pairs the token with a payment card and account infrastructure so it can be used in everyday transactions.

Yield model

Unlike physical gold, which generates no income, Kinesis operates a yield system funded by transaction fees on its platform. A share of those fees is distributed to holders and to participants in various roles including minters and referrers. The size of that yield depends on platform transaction volume rather than on any fixed rate, so it varies.

Supply and considerations

KAU has no maximum supply. The number of tokens equals the grams of gold held in the vaults, currently around 2.39 million, and changes as bullion is deposited or redeemed. This one-to-one relationship is what backs the token, so audits confirming the vault holdings are the central assurance mechanism.

The token's value follows the gold price rather than being pegged to a currency. Anyone considering it should verify current audit reports, the identity of the vault operators and auditors, and the exact redemption process for physical metal, since these determine whether the token genuinely represents claimable gold.