Five days at issue.
340 GLD — $170,000 in gold — paid out to bearers.
362,000,000 robinhood:0x942e390b0d316c897336620da42a2f2a340f93ec burned. 36.2% of supply, gone for good.
Notes that pay in gold.
Redeemable in GOLD.
End of Day 4 Statement
• 334 GLD (valued at over $167,000) paid out to bearers
• 33% of $RSRV supply permanently burned
Four days at issue.
Redeemable in GOLD.
The balance sheet update:
317 GLD distributed ($151,000 total value) directly across activated Notes.
27.5% of total token supply permanently burned from existence.
The open market desk runs around the clock. Volume contracts the supply, and arithmetic expands the cages.
Inspect your cage balance and settlement:
Redeemable in gold.