What is Kinesis Silver?

Kinesis Silver (KAG) is a silver-backed cryptocurrency established by Kinesis, a global trading and digital asset utility platform. Each KAG token represents one ounce of investment-grade silver bullion, which is securely stored in insured vaults. KAG operates on a Stellar-based blockchain and allows for the instant purchase, trading, and spending of silver, aiming to provide a stable store of value with reduced volatility compared to typical cryptocurrencies. The supply is tied to the amount of physical silver held.

KAG offers a unique governance model, providing holders with a monthly yield generated from a portion of Kinesis' transaction fee revenue. The cryptocurrency is issued in ERC-20 format by KMS Labs S.A., and each token has a 1:1 claim on the physical silver reserves. Users can redeem their KAG for silver, with no high minimum withdrawal limits set, allowing broader access for everyday investors.