Hello,
I don't see how you are going to do this, no mention of it is given. You just say it will be worth a gram of gold and stable to that, but how are you doing that, where is the reserve of gold for this?? What if I want to redeem my coins for the actual gold, how does that work, I am sure many would be interested in that as well?? This announcement is thin on important details that should be there, please add more!!
Happy Holiday to All!!
Cheers,
Waya
Topic: [ANN] [XAL] ALTINLIRA | Stable and equivalent to a gram of gold (Read 131 times)
December 07, 2020, 11:23:33 AM
INTRODUCING ALTINLIRA
Altın Lira (Gold Lira - XAL) is blockchain based digital currency which is stable and equivalent to a gram gold.
Its basic structure and transfer protocol have been created within the Ethereum blockchain, according to the Smart Contract protocol in ERC20 Standards.
Unlike gold savings, which are physically difficult to keep and investment conditions are demanding, Altın Lira (Gold Lira - XAL), like all other ERC20 tokens, can be stored in Ethereum-based digital wallets under high security conditions.
Altın Lira (XAL) | Properties
Easy Access
It is a digital asset that can be used 24/7 and can be transferred with low commissions.
Strong Infrastructure
It was created according to the Smart Contract protocol within the Ethereum blockchain.
Convenience of Trading
Due to its nature, it can be converted into other tokens, traded and exchanged.
High Security
All information is kept in full detail through Ethereum Blockchain Technology.
Low Fees
High custody, arbitrage and commission fees in physical gold are not available in Altın Lira (XAL).
Financial Flexibility
It has a very low investment cost. Fractional rates such as 1/1000 can be invested.
Contract | Technicial Properties
The Altın Lira (XAL) Smart Contract is currently active and approved on the Ethereum network. Contract details can be accessed via Etherscan Explorer.
https://etherscan.io/address/0x61561529350276b2d44227a078b248d52c67b1dc
Updatable Proxy
In order to create an updateable contract within the immutable blockchain structure, Two Contracted Method is used.
Controlling the Token Supply
In the Altın Lira (XAL) Contract, there is only one supplyController address that can print and burn tokens, based on the demands and requirements for the token purchase and exchange.
Pauseable
In the event of a critical security threat, the owner can suspend all transfers and approvals of the Altın Lira (XAL) contract.
Asset Protection Authority
If a court order or legal notice is issued regarding an illegal activity, money laundering, or malicious hijacking of someone's account, the administrator may freeze the account in question.
Management and Transfer Transactions
The contract manager is initially the account that migrates the contract. If it wishes, it can transfer all management powers.
Transaction Fees
There is also the feature to charge an extra fee for all transfers to offset transaction fees on the Ethereum Network.
For more details: https://github.com/AltinLiraXAL/xal-contracts
LINKS
Web Address: https://altinlira.eu/en
Github Repo: https://github.com/AltinLiraXAL/xal-contracts
Etherscan Explorer: https://etherscan.io/address/0x61561529350276b2d44227a078b248d52c67b1dc
SOCIAL MEDIA
Twitter: https://twitter.com/xaltinlira
Telegram: https://t.me/altinlira
Medium: https://medium.com/@xaltinlira
Reddit: https://www.reddit.com/user/altinlira/
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