Asset & Tokenization Model
Smart Contract Architecture for Gold Pegging
LumiVault ensures that its 80-tonne gold reserve is securely tokenized and fully backed by a fixed 500 million $LVT token supply.
Each $LVT = 0.16g of physical gold, representing a fractional ownership claim over legally verified reserves.
This gold peg guarantees that $LVT maintains:
Intrinsic value
Full redemption eligibility
Secure and verifiable backing
🔗 Proof-of-Reserve (PoR) Protocol
The tokenization of LumiVault’s reserves is enforced through an on-chain Proof-of-Reserve (PoR) framework:
Gold reserves are managed via multi-signature vaults operated by independent custodians
Periodic audits are conducted to confirm physical reserves
Oracle feeds (e.g. Chainlink) update reserve data on-chain in near real-time
All data is publicly visible and tamper-proof, ensuring user trust and regulatory integrity
💱 Redemption via Smart Contract
Beyond investment and trading, $LVT token holders can redeem their tokens for physical gold via a dedicated redemption contract.
Tokens are burned at redemption
Redemption is calculated based on the current peg (1 $LVT = 0.16g)
Minimum redemption threshold: 1,000 $LVT ▪ Ensures logistical efficiency ▪ Preserves vault stability and liquidity
This architecture enables LumiVault to maintain a secure, transparent, and decentralized linkage between physical gold and its digital representation, positioning $LVT as a next-generation real-world asset (RWA) token backed by provable value.
LumiGold Asset Tokenization Model
Real-World Gold Rights → Tokenized Claims
Source Asset: 80 tonnes (80,000 kg) of legally registered and verifiable gold mining rights, tied to active exploration and extraction sites
Tokenized Representation: The entire reserve is fractionalized into 500,000,000 $LVT tokens
Backing Ratio: 1 $LVT = 0.16g of gold (Based on 80,000 kg ÷ 500M tokens)
Valuation Basis: Each $LVT is dynamically priced based on the live spot price of gold in USD terms
📈 Price Peg Mechanism
The price of 1 $LVT is dynamically pegged using:
Chainlink or LayerZero oracle feeds
Real-time gold pricing, e.g. from PAXG market reference
Internal reserve pricing formula ensures on-chain accuracy
🛒 Purchase & Distribution Model
Primary Sale Only: $LVT is acquired exclusively via the official LumiVault DApp (not on DEXs yet)
Accepted Payments: USDT, USDC, and ETH
No Staking Rewards: LVT does not inflate via staking emissions — preserving scarcity and long-term value
Proof-of-Reserve (PoR) System
Vault Data Transparency: On-chain access to audit reports, mining licenses, and storage documentation
Live Oracle Sync: Constantly updated feed linking real-world vault data to on-chain indicators
Dashboard Access: Anyone can verify live reserve backing of all circulating $LVT at any time
Redemption Through PAXG (Gold-Backed Token)
Minimum Redemption Threshold: Users must hold ≥ 1,000 $LVT to initiate redemption
Redemption Format: Users exchange $LVT for PAXG — a gold-pegged token redeemable for physical gold via Paxos
Deflation Mechanism: All redeemed $LVT tokens are permanently burned, reducing total supply and increasing scarcity
Revenue & Sustainability
Without staking emissions, LumiVault’s revenue model includes:
Direct token sales (from treasury & reserve allocations)
Redemption service fees (in PAXG or stablecoins)
Institutional B2B gold access deals (off-chain fiat inflow via licensing or supply contracts)
No staking inflation
Preserves $LVT value and avoids yield-based devaluation
Real-world pegging
Strong market trust via PAXG-linked redemption
Transparent valuation
Oracle-synced pricing + audit-backed proof-of-gold
Asset burn on exit
Redemption reduces supply, creating scarcity
Institutional appeal
Lower compliance risks, clear redemption pathway
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