1 SILV = 1 troy ounce of vaulted .999 silver. Minted when silver enters the vault. Burned when silver leaves it. A digital asset with the integrity of physical metal.

How SILV Works

What SILV Represents

SILV is a modern, XRPL‑based representation of real silver — a digital ounce backed 1:1 by physical metal stored in a U.S. mint.

“Every SILV unit is backed by a physical ounce of vaulted silver.”

  • Fully redeemable for physical silver
  • Minted only when new silver enters the vault
  • Burned only when silver is redeemed
  • Transparent, auditable, and supply‑aligned

How SILV Works

The SILV token supply is always synchronized with real metal. When silver enters the vault, tokens are minted. When silver leaves, tokens are burned.

“Silver comes in → tokens mint. Silver goes out → tokens burn.”

  • Minting is authorized through a cold issuer wallet
  • New SILV is sent to a hot operational wallet for distribution
  • Burning occurs only after a verified redemption request
  • All events are logged for transparency and auditability

Minting & Burning Flow

Minting & Burning

Minting and burning are the core mechanisms that keep SILV honest, transparent, and perfectly aligned with real silver inventory.

Minting

  • Physical silver is acquired, verified, and logged
  • Cold issuer wallet signs a mint authorization
  • New SILV is created on the XRPL
  • Supply increases only when real silver is added

Burning

  • Customer submits a redemption request
  • SILV is sent from the customer’s wallet to the redemption address
  • Cold issuer wallet signs a burn transaction
  • Physical silver is released and shipped

How SILV Tracks Real Silver Prices

SILV stays aligned with real‑world silver pricing through market mechanics, liquidity pools, and redemption arbitrage.

  • Arbitrage prevents SILV from falling below spot
  • XRPL AMM pools adjust price continuously
  • SILV/USDC provides a stable pricing anchor
  • SILV/XRP enables fast price discovery

“If SILV ever trades below spot, traders buy it and redeem for physical silver — pulling the price back up.”

Redeemable by Design

SILV is not theoretical silver. It is a claim on real metal stored in a U.S. mint. Customers can redeem SILV for physical ounces at any time.

  • Simple online redemption request
  • Identity matched to wallet address
  • Tokens burned upon redemption
  • Silver shipped or picked up in person

Redemption Process

SILV is digital silver with real weight — forged with the same integrity as the metal it represents.