Real-time Gold Reserve Audit
Independently audited smart contracts powering the GoldStay tokenization protocol
Smart Contract Infrastructure
Independently audited smart contracts powering the GoldStay tokenization protocol
GST Token Contract
Core tokenization contract managing GST token minting, burning, and transfer operations with integrated reserve verification mechanisms.
Reserve Manager
Manages physical gold reserve tracking, collateralization ratios, and automated rebalancing protocols with multi-signature security.
Audit Oracle System
Decentralized oracle network providing real-time gold price feeds and reserve attestations from LBMA-certified custodians.
Technical Specifications
- Hash Algorithm: SHA-256 with 256-bit security
- Blockchain: Polygon Network (Chain ID: 80002)
- Update Frequency: 30-second intervals
- Vault Standard: LBMA Good Delivery
- Gold Purity: 99.9% minimum (999.9 fineness)
- Custodial Insurance: $500M Comprehensive coverage
Continuous Audit Methodology
Three-layer verification system ensuring 100% reserve transparency
01. Physical Gold Verification
LBMA-certified custodians perform daily physical inventory verification with precision weighing, purity testing, and authenticity confirmation of all gold bars in secure vaults.
02. Digital Reconciliation
Automated cross-verification between physical inventory records, blockchain token supply, and custodial databases using cryptographic merkle proofs and hash verification.
03. Blockchain Attestation
Reserve proofs are cryptographically signed and published to Ethereum blockchain every 30 seconds, enabling independent third-party verification of all claims.
Independent Audit Reports
Comprehensive third-party audits confirming reserve integrity
KPMG Reserve Audit
Comprehensive physical audit confirming 103.1% collateralization ratio with complete chain of custody documentation for all gold reserves.
Smart Contract Security
Complete security audit of all protocol smart contracts confirming zero critical vulnerabilities and adherence to best practices.
LBMA Certification
London Bullion Market Association certification confirming all gold meets Good Delivery standards with verified provenance and authenticity.
Public Verification APIs
Real-time programmatic access to all reserve data and proofs
Real-time reserve data including cryptographic proofs and collateralization ratios
Complete cryptographic proof chain with historical verification data
All smart contract addresses with verification status and audit information
Current gold price from multiple oracle sources with timestamp and signature verification
{
"timestamp": "2025-09-08T18:45:32.847Z",
"blockNumber": 18456789,
"reserves": {
"totalSupply": 2950000,
"goldGramsPhysical": 3038350,
"goldGramsVerified": 3038350,
"collateralizationRatio": 103.1,
"reserveStatus": "VERIFIED",
"lastPhysicalAudit": "2025-09-08T06:00:00.000Z"
},
"cryptographicProof": {
"merkleRoot": "0xa71f9f342a2059241416e2318563817...a49",
"proofHash": "0x742a2f5cc6d3dc93299253a8bb3b4f6932b5a3c",
"signature": "0x1b...256",
"blockchainTxId": "0x...",
"verified": true
}
}Gold Tokenization Technology
Revolutionary approach combining ETF efficiency with physical gold security through blockchain innovation
Hybrid Collateralization Model
GoldStay employs a pioneering dual-collateral approach that maximizes both efficiency and security. Each GSTY token represents exactly one gram of 99.99% fine gold, initially backed by highly liquid gold ETFs including GLD and IAU for rapid scalability.
As the system matures, reserves progressively transition to direct physical gold custody, providing the ultimate security of tangible assets while maintaining the operational advantages of digital infrastructure. This hybrid model ensures immediate liquidity for users while building toward the gold standard of asset backing.
The intelligent ETF selection algorithm automatically chooses GLD for quantities ≥3 grams and IAU for smaller amounts, optimizing cost efficiency while maintaining precise 1:1 backing ratios through real-time Net Asset Value calculations.
Technical Architecture
Polygon Network Integration: Deployed as ERC-20 tokens on Polygon after comprehensive analysis of Ethereum, BSC, Avalanche, and Solana, balancing low costs, fast settlement, ecosystem compatibility, and environmental sustainability.
Advanced Smart Contract Features: Role-based access control (RBAC), pausable transfers for emergencies, reentrancy protection, time-locked administrative functions, and configurable minting limits ensure no single party can compromise the system.
Operational Excellence
Automated Workflows: Complete automation from payment confirmation through ETF acquisition, certificate generation, IPFS storage, and email delivery, eliminating human error and ensuring consistent execution.
Multi-Signature Security: Critical operations require multiple approvals through time-locked functions, providing community oversight while maintaining operational efficiency for routine transactions.
Radical Transparency System
Continuous mathematical verification replacing periodic audits with real-time, independently verifiable proof
Cryptographic Immutability Framework
Every operation affecting token collateral is recorded on-chain using SHA-256 cryptographic hashes that serve as tamper-proof digital fingerprints. These hashes process complete operational documents including transaction details, timestamps, and third-party references, creating an immutable audit trail.
The system employs Merkle Tree structures for computational efficiency, allowing verification of large datasets without overwhelming the blockchain. Each tree aggregates operations every six hours, enabling anyone to verify transaction inclusion using concise "Merkle Proofs" that dramatically reduce computational costs while preserving full cryptographic integrity.
Multi-Source Verification
No critical information is accepted from a single source. Reserve data, prices, and transactions must be confirmed by at least three independent providers before validation.
For ETF acquisitions, confirmations are obtained from Interactive Brokers, State Street Global Advisors, NYSE Arca clearing, and data providers like Bloomberg, making coordinated falsification virtually impossible.
Real-Time Transparency
Unlike traditional periodic audits, the system continuously updates verification information with data published at intervals from five minutes for basic metrics to one hour for comprehensive reports.
Public APIs and WebSocket streams provide programmatic access for developers, auditors, and competitors to independently verify claims using open-source tools and mathematically robust methods.
Legal and Governance Framework
Robust legal structure ensuring asset protection and regulatory compliance across international jurisdictions
Libertom Trust Trade Ltd. Structure
Incorporated in Nevis under British Common Law, the jurisdiction was strategically selected for its balance of financial innovation, regulatory clarity, and strong asset protection laws. Nevis provides over three decades of stability in international financial services regulation.
The legal framework ensures complete segregation of user assets from operational funds, meaning even in the unlikely event of corporate insolvency, collateralized gold reserves remain fully protected through legal barriers against frivolous claims, short contestation periods, and rigorous evidentiary requirements.
Hybrid Governance Model
Executive Committee: Five-member body including Libertom executives and independent experts, meeting weekly for strategic direction and crisis management.
Risk Committee: Compliance and financial risk specialists convening biweekly to monitor exposure, analyze vulnerabilities, and propose mitigations.
Independent Audit Council: Monthly validation of reserve integrity and operations by auditors and blockchain specialists.
Progressive Decentralization
Future governance evolution includes establishing user advisory councils, enabling community voting on operational decisions, and adopting on-chain governance for specific processes.
This gradual transition balances early-stage operational efficiency with long-term democratic participation, ensuring stakeholder representation while maintaining system integrity.
Economic Model and Market Position
Sustainable business model addressing critical market needs in inflationary economies worldwide
Macroeconomic Context and Market Opportunity
GoldStay addresses the urgent need for stable value preservation in a world characterized by monetary instability. Argentina has recorded inflation exceeding 100% annually with cumulative inflation over 1600% in the past decade. Brazil has faced repeated monetary shocks with over 80% cumulative inflation in the same period.
Even developed economies experience unprecedented inflation levels, diminishing fiat currency reliability as long-term stores of value. Gold historically serves as the universal safe haven, but direct investment faces barriers of storage costs, insurance, divisibility challenges, and logistical complexities that GoldStay eliminates through blockchain integration.
Revenue Diversification Strategy
Primary Revenue Streams: 0.5% fees on minting, redemption, and currency conversions. Transfers within the Libertom ecosystem remain free, fostering adoption and circulation.
Secondary Sources: Yields from ETF reserves, premium corporate services, advanced treasury solutions, and enterprise system integrations provide sustainable operational funding.
Future Expansion: GoldStay Card for direct payments, merchant gateways, international remittances, derivatives, and structured products.