The Universal
Gold Token
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Learn about the IPMB Token
For quick insight, watch our explainer video for everything you need to know about the IPMB Token
The IPMB Token
IPMB Token in detail
A key component of our ecosystem is the IPMB Token, our hybrid payment/utility token.
Each IPMB Token is backed by a gram of gold in the ecosystem supply chain. The value of an IPMB Token is not pegged to the price of gold. The IPMB Token price floats due to many value considerations.
Multiple retailers and stores accept IPMB Tokens. Vendors range from coffee shops to automobile dealerships. IPMB expects to onboard global retailers for IPMB Tokens. Furthermore, the IPMB token utilizes Polygon L2 solution for almost instant transactions and minimized transaction fees.
The main utility for IPMB Tokens is the ability to stake your IPMB Tokens to unlock a discount on GeM NFTs – our highly secure, digital certificate with undeniable proof of ownership of investment-grade gold.
Staking IPMB Tokens can unlock a maximum benefit of an 11% discount on GeM NFTs, essentially an 11% discount on physical gold.
IPMB Token Supply: Loading…
Circulating Supply
Market Cap
Fully Diluted Market Cap
Staking your IPMB Tokens
Converting IPMB Tokens to GeM NFTs
IPMB tokens offer staking rewards, where token holders can receive discounts on GeM NFTs, based on the duration of staking.
The conversion rate from IPMB Tokens to GeM NFTs is floating and changes depending on the price of gold and the price of the IPMB Token.
If the price of IPMB falls below the price of 1 gram of gold, then IPMB guarantees a conversion rate of 1 IPMB to 1 gram of GeM NFT, protecting the weight value of the IPMB Token.
In the case where IPMB Tokens are worth more than 1 gram of gold, then to convert IPMB Tokens to GeM, you only exchange the value equivalent of IPMB Tokens.
For example, assume IPMB Tokens are worth twice the price of 1 gram of gold, and you have staked for 12 months for an 11% discount.
For a GeM100, you would only need to tender 44.5 IPMB Tokens for the conversion, after staking 50 IPMB Tokens.
This mechanism protects IPMB holders when the price falls below the underlying price of gold, but maximises the value of their tokens when the price is above that threshold.
The reward structure for staking IPMB Tokens is as follows:
Discount%
2%
5%
8%
11%
Staking Period
3 Months
6 Months
9 Months
12 Months
Discount%
2%
5%
8%
11%
Staking Period
3 Months
6 Months
9 Months
12 Months
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