21.04.2022Read Time: 3 min

Earn Silver, Platinum, And Gold on the Blockchain With AurusDeFi (AWX)

What if you could earn rewards paid in Platinum, Silver and Gold Crypto

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What if you could accumulate grams of gold, silver, and platinum at fractions above the spot price without the traditional burdens of limited transportability and high storage costs. Aurus golden tokens are highly liquid, transferable, and easy to store, making them the perfect way to invest in precious metals.

And what if you could also earn a passive revenue stream paid in Platinum, Silver, or tokenized gold-backed cryptocurrency? With AWX, you can!

AurusDeFi (AWX) is the Aurus ecosystem token that can be staked to earn a proportional share of the transaction fees generated by Aurus precious metal-backed blockchain protocol and gold crypto tokens, including AurusGOLD (AWG), AurusSILVER (AWS), and AurusPLATINUM (AWP). AWX is a scarce digital asset with a limited total supply of only 30 million tokens.

How To Earn Gold-Backed Cryptocurrency Tokens Today?

To earn passive tokenized crypto backed by gold, silver, and platinum, you will need a minimum of 100 AWX tokens on the Polygon network in the Aurus App.

  1. Buy AurusDeFi (AWX) on Quickswap.
  2. Download the Aurus Mobile App – App Store (iOS)Play Store (Android).
  3. Import your existing wallet in the Aurus App – Tutorial: How to import your wallet
  4. In the Aurus App, switch to the Polygon Network in settings.
  5. Click ‘Earn’ in the Aurus app to start staking!

Note: you will need a small amount of MATIC in your Aurus wallet to stake.Happy staking!

PS – Aurus has allocated a bonus $10,000 pool of tokenized gold cryptocurrency for early stakers, distributed over the first three months!

AWX Gold Crypto Tokens Staking FAQ

Is there a minimum amount of AWX that I need to stake?

Yes. The minimum is 100 AWX tokens required in your wallet to stake.

How long do I need to stake my AWX tokens?

The staking period is indefinite. You can stake your gold-backed crypto tokens as long as you want or as short as you wish. Therefore, you can stake and unstake at any time.

How long do I need to wait to receive my AWX tokens back once I unstake my tokens?

Unstaked AWX tokens will be released back to your wallet after 30 days. Please note that no rewards are accumulated to your wallet during the 30-day release period.

How often can I claim Rewards?

You can claim rewards on the 1st of each month in the Aurus App. However, rewards do not need to be claimed each month. Instead, rewards can be accumulated and claimed when you are ready to do so.

Can I stake my golden tokens on Polygon and Ethereum?

Staking crypto backed by gold is currently only available on the Polygon network in the Aurus App.

*Gas fees are too expensive to validate staking and claiming rewards on the Ethereum network. However, this could change in the future.

Do I need to pay “Gas Fees” to stake and unstake my AWX tokens?

Yes, you require a small amount of Matic tokens in your wallet to pay for transactions on the Polygon network. We recommend having at least 1 Matic in your wallet.

If I am already providing liquidity on the AWX/USDC pair on Quickswap, do I need to remove my liquidity to stake my AWX in the Aurus App?

No. For now, we will consider your liquidity position as staked (for AWX rewards) too. The same staking rules will apply. (Apply via this form)

What are the rewards for AWX Stake & Claim?

AWX rewards are generated due to on-chain tokenization and transaction fees of Aurus precious metals tokens on our metal-backed blockchain. This means rewards are variable and progressive. Rewards are also variable based on the total amount of AWX tokens staked at any point in time.

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