PAX Gold PAXG to Starta STA Exchange

Crypto Pair Details: PAXG to STA

PAX Gold PAXG

PAX Gold (PAXG) is an asset-backed token where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company. Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold. PAXG gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset. Customers are able to have fractional ownership of physical bars. On the Paxos platform, customers can convert their tokens to allocated gold, unallocated gold, or fiat currency (and vice versa) quickly and efficiently, reducing their exposure to settlement risk. PAXG is also available for trading on Paxos’ itBit exchange. PAXG will also be available on other crypto-asset exchanges, wallets, lending platforms and elsewhere within the crypto ecosystem. At any time, PAXG holders can lookup the serial number, value and physical characteristics of their vaulted gold just by entering their Ethereum wallet address on the PAXG lookup tool on Paxos.com/paxgold.

Starta STA

An Ethereum smart-contract token with a difference Deflationary Statera's core algorithm is designed to ensure that for every transaction, 1% of the amount transacted is destroyed. Exchange Smart-exchange routing, including, but not limited to, Kyber, 0x Relays, Uniswap, Balancer & 1inch. Portfolio Constant arbitrage trading opportunities keep Statera's portfolio weights and tokens in a constant ratio. Statera rebalacing Every trade for Statera creates an arbitrage opportunity. Trading attracts liquidity, which in-turn attracts trading. Liquidity ripples and the supply of Statera decreases. 'statera' is derived from the Latin word for 'balance'

SOURCE: COINGECKO

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