AuResources

Hey Product Hunt! We got tired of how complicated it is to actually own physical gold. You either deal with storage nightmares or trust someone else who technically owns it while you just hold paper. So we built tokens where you actually own the commodity. Like, legally own it. We're just the custodian. The bailment structure means if we go under tomorrow, the gold is still yours. You can buy tokens for unmined gold at a discount, then convert to refined tokens when it gets extracted. Also works as collateral to borrow stablecoin without selling your gold. Built on Polygon, low fees. The cool part is this scales to other commodities. Same setup works for silver, copper, platinum, whatever doesn't rot. Ask me anything about how it works or why we went this route instead of doing another gold-backed stablecoin.