Introduction
AUREX is a central token within the Kaygar ecosystem, designed to facilitate the purchase of jewelry and services within the Kaygar store and to be used in the Alkimia Arcana program. Alongside BONDI, AUREX is essential for the generation of the ROLD token and the acquisition of Kaygar, the governance token. Through AUREX, users gain access to a range of exclusive benefits, including discounts on products, the ability to perform transmutations, and participation in decision-making within the ecosystem.
Token Distribution
- Total Supply: 1,000,000,000 AUREX
- Initial Distribution: Through direct sales and allocation within the Alkimia Arcana program.
- Token Contract: 0x85c26b7147bf31a30d5fb0ebfea4ac70ce6b633a
- Network: Ronin
Token Utility
AUREX serves multiple functions within the Kaygar ecosystem:
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Purchase of Jewelry and Services:
- AUREX can be used to acquire jewelry from the Kaygar store, offering a 25% discount on the value of the metal (gold or silver).
- It is also exchangeable for services such as repairs and gold plating, providing access to product upgrades.
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Generation of ROLD:
- AUREX, in combination with BONDI, is used within the Alkimia Arcana program to generate the ROLD token, which is equivalent to 0.00032 PAXG, a digital representation of gold. This function makes AUREX an essential component in the creation of value within the ecosystem.
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Interaction with the Alkimia Arcana Program:
- AUREX is a key element in the alchemical recipes of the Alkimia Arcana program, enabling users to obtain other valuable assets within the system. AUREX must be used in all transmutation recipes along with BONDI.
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Access to Kaygar (Governance Token):
- AUREX can be exchanged along with ROLD and BONDI to obtain Kaygar, the governance token. Kaygar holders enjoy exclusive benefits, such as access to auctions for luxury products (watches, ancient coins) and participation in key decisions within the Kaygar ecosystem.
Distribution Mechanism and Staking
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Direct Sale: AUREX will be available for acquisition through events and pre-sales, making it easily accessible for new users within the ecosystem.
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Staking:
- AUREX holders will be able to participate in exclusive events and receive special offers on jewelry within the Kaygar store. This mechanism encourages active participation in the ecosystem, rewarding users for holding AUREX.
Exchange and Trading
AUREX will be available for buying and selling on the following platforms:
- Katana DEX on the Ronin Network: To facilitate the exchange of AUREX between users within the Ronin network.
- Kaygar Store: Users can use AUREX to purchase jewelry and services at a discount, integrating the token functionally into the commercial ecosystem.
Security and Backing
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Backing in PAXG: AUREX is backed by the ROLD token, which is tied to PAXG, an asset that represents gold on the Ethereum blockchain. This backing provides transparency and stability to the AUREX token, giving it a tangible and reliable value.
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Liquidity Control and Audits: AUREX transactions will be manually controlled to ensure no market manipulation occurs. Additionally, regular audits will be conducted upon request from the community to maintain transparency and trust in the system.
Conclusion
AUREX is a key token within the Kaygar ecosystem, providing value and utility to users through its function in purchasing jewelry, generating ROLD, and accessing the Kaygar governance token. With its integration in the Alkimia Arcana program and its participation in commerce within the Ronin network, AUREX positions itself as an indispensable tool for users seeking security, exclusive benefits, and a unique investment experience on the blockchain.