STAND - The Digital Signature of Standard in Gold
STAND is the digital signature that powers the Standard in Gold infrastructure.
Every action within the system - such as transferring SOLID, requesting a physical delivery, or selling gold back to Standard in Gold - requires a STAND signature.
Fixed Action Fee
Each confirmed action is subject to a fixed Action Fee, currently €0.39.
This fee supports the operation of the infrastructure, including secure servers, cloud services, data storage, network bandwidth, system maintenance, and the storage and insurance of physical gold.
Designed for Efficiency
As the infrastructure grows, it becomes more efficient to operate.
These efficiencies are reflected by adjusting the amount of STAND required for each signature, while the Action Fee remains fixed in Euro.
Purpose
STAND is used exclusively to authorize actions within the Standard in Gold infrastructure.
It enables the secure and efficient operation of the platform and serves as the digital signature behind every confirmed action.
To view and use STAND in MetaMask, simply add the Gold Smart Chain network:
• Network Name: Gold Smart Chain Mainnet
• RPC URL: rpc-mainnet.goldsmartchain.com
• Chain ID: 6789
• Symbol: STAND
• Block Explorer: explorer.goldsmartchain.com