Auric Network - A Synthetic Commodity Money Inspired by Gold

Auric Network is a protocol which builds on the strong economic legacy of traditional gold markets to present a currency that is truly transparent, independent, and adaptive.

Auric Network’s native token “AUSCM” has been engineered as a synthetic commodity currency to contract or expand in supply dependent on where it is priced relative to the Reference Gold Price (price of gold as quoted from Oracle Index Price of gold from Chainlink (https://feeds.chain.link/xau-usd)). AUSCM has a goal price set between +/- 5% of this Reference Gold Price.

Current participants and community members are incentivized to add liquidity by staking AUSCM-ETH UNI V2 lp tokens for an additional yield of AUSCMs.

Etherscan //
https://etherscan.io/token/0x1c7BBADc81E18F7177A95eb1593e5f5f35861B10

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