Edelcoin

Edelcoin is a payment token issued in Switzerland that is backed by a basket of pre-existing precious and base metals. The Edelcoin basket is structured to be less volatile than single asset-backed tokens, providing a stable or low volatile store of value, detached from inflationary fiat currencies, independent from monetary policies. The Edelcoin token is issued as ERC-20 Token on Ethereum blockchain followed by additional EVM-compatible chains, and traded on CEXs and DEXs. Each Edelcoin is overcollateralized by pre-existing metals, stored for the sole purpose of backing up the Edelcoin. Each Edelcoin have an excess reserve of backing metals, in total corresponding to 125% of the actual metals backing up each Edelcoin. The reserves of backing metals will be regularly independently verified and disclosed.