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Kinesis Silver
Rank #30KAGCommodity-Backed

Kinesis Silver

Pegged to

Silver (1 troy ounce)

Market Cap

$30.00M

24h Volume

$500.0K

Circulating Supply

1.00M KAG

Total Supply

1.00M KAG

Peg Target

Silver (1 troy ounce)

Collateral Type

Commodity-Backed

Issuer

Kinesis Money

Launch Date

01-09-2019

About Kinesis Silver

Kinesis Silver (KAG) is a silver-backed digital currency in the Kinesis monetary system. Each KAG token represents 1 troy ounce of physical silver stored in insured vaults. Like its gold counterpart KAU, KAG is designed to function as a usable currency with debit card integration and a yield system. KAG provides blockchain-based exposure to silver, allowing investors to hold, trade, and spend silver-backed tokens with the speed of the Stellar network.

Supported Blockchains

Pros

  • Physical silver backing in insured vaults
  • Spendable via debit card
  • Part of comprehensive monetary system
  • Low transaction costs on Stellar

Cons

  • Very niche market
  • Stellar ecosystem limitations
  • Low liquidity compared to gold tokens
  • Silver price volatility

Key Features

1 KAG = 1 troy ounce of silver
Insured vault storage
Debit card spending capability
Yield from usage and holding
Part of Kinesis monetary system
Fast transactions on Stellar

Stablecoin Information

Category

Commodity-Backed

Collateral Type

Commodity-Backed

Issuer

Kinesis Money

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