Kinesis has implemented the following emission rules to ensure that 1 KAU is based on an exact 1:1 allocation of 1g of .9999 fine gold, and 1 KAG is based on an exact 1:1 allocation of 1oz of .999 silver. at all times.
Kinesis will only recognise the value of the metal that each coin contains.
Kinesis users wishing to deposit coins or bars will need to have their coin and/or bar collection assayed at their expense with a service provider of Kinesis’ choosing. The assayer will provide Kinesis with details of the fine weight of the gold contained in each submitted coin and/or bar.
Please see the EPD requirements page for the full emission schedule – here.
In this way, each 1 KAU emitted to the depositor will be based on an exact allocation of 1 gram of .9999 fine gold, and 1 KAG emitted to the depositor will be based on an exact allocation of 1 ounce of .999 fine silver, and Kinesis will ensure the integrity of the Kinesis Monetary System is preserved.
Please visit the EPD page for more info – here.