A token backed one-to-one by fully allocated physical gold. Real bars, serialized to a named vault, not a paper claim on an unallocated pool.
Every sGOLD token is a claim on allocated physical gold. Allocated means specific serialized bars set aside in your name, not a share of an unallocated pool the vault can lend against. The metal is the backing.
Serialized bullion is placed in allocated storage at a named vault, set aside specifically as backing and kept off the vault's balance sheet.
Bar serials and weights are attested and published on-chain, so the metal behind every sGOLD token can be verified against the vault record.
Each token is a one-to-one claim on allocated gold, marked to spot and resolving to real bars, not a paper promise.
Follow Solidus for sGOLD attestation and the assets going on-chain.