GoldLeaf mint is a transparent and fully backed by PAXG for paper bills representing digital gold.
Our reserves are transparent and auditable at any time. Our main cold wallet is viewable on Etherscan.
Currently 210 mg (0.007407532 oz) worth of gold paper currency is in circulation.
Currently the mint custodies 210.10001685076 mg of gold (PAXG)
The mint currently owns 0.100017117585 mg more gold than is in circulation.
The process of redeeming paper currency is very simple.
Tear the bill open from the * on the front.
Find the serial number (4 digits) and redemption code.
Submit the form with your Ethereum address to receive the redemption. (Mainnet only)
Pay fees to mint (The ETH you send will be used as a fee sending out. If you do not submit a fee, your withdrawal will be send with a fee of $0.03 and is unlikely to confirm.)
Redemptions are sent every Tuesday. Your form must be submitted by Sunday or else it will be processed next week.