Kinesis Glossary Of Terms
Allocated Bullion Exchange (ABX)
ABX is the institutional precious metals exchange tied to Kinesis. It deals in allocated (fully owned and segregated) gold and silver, stored in vaults rather than pooled accounts. ABX provides the vaulting network, handles large-scale trading, and supports the physical backing for KAU and KAG—making the 1:1 allocation reliable and trustworthy.
Kinesis Bullion Store
An online shop selling physical gold and silver coins and bars directly. Products are high-purity (999.9 gold, 999 silver), independently produced, and often feature custom designs. Prices aim to be competitive, with direct shipping to customers.
Kinesis Card
A debit card linked to your Kinesis balances. Use it for everyday purchases—in stores or online—and it automatically converts the needed gold, silver, or other assets to local fiat at the point of sale. You can spend your metals like regular money (coffee, groceries, whatever), and those transactions qualify for Velocity Yield rewards.
Kinesis Currencies
These are the core digital assets on the platform.
- KAU: KAU is the gold-backed currency, where each unit equals 1 gram of physical gold stored in vaults (through ABX partners). It represents real, allocated gold owned by the holder. You can spend it, send it, trade it, or just keep it in your account.
- KAG: Same concept as KAU, but for silver—each KAG equals 1 ounce of physical silver bullion. It functions identically: spend, send, hold, etc.
- KVT: The Kinesis Velocity Token (KVT) isn’t backed by metal and has a fixed supply cap of 300,000 tokens. Instead, it gives holders a share (around 20%) of the transaction fees collected across the entire system. It’s more of an investment tied to the platform’s overall growth and usage.
- C1USD: This is Kinesis’s USD-pegged stablecoin (1:1 backing). It’s designed to simplify trading and payments within the ecosystem, especially if you prefer a dollar-based balance over metals. Holders in verified accounts can earn a yield on it just by keeping it—no lock-up periods required.
Kinesis Explorer
A dedicated blockchain explorer for the Kinesis system. It shows live data on KAU and KAG circulation, transactions, and supply—adding transparency so users can verify things themselves.
Kinesis Exchange
This is the built-in trading spot on the Kinesis platform. You buy, sell, or swap digital assets there—similar to other crypto exchanges, but with a heavy emphasis on the gold- and silver-backed ones. You can trade KAU, KAG, various cryptocurrencies, and fiat pairs. It’s the main hub for moving between different currencies or metals whenever it suits you.
Kinesis Money
This term usually points to the company behind the whole setup, but people also use it casually to refer to the currencies themselves—like KAU and KAG.
Kinesis Monetary System (KMS)
It’s a blockchain platform that turns physical gold and silver into digital currencies (KAU for gold, KAG for silver). Everything is backed 1:1 with allocated, legally owned metal—no unallocated promises here. Users can spend, trade, or hold these assets without paying storage fees, and it supports fast, inexpensive transfers across borders. Basically, it’s meant to offer a more stable option than regular fiat money while keeping the benefits of precious metals.
Metalback
Kinesis’ cashback (“holdback”) program, but paid in gold (KAU). Shop online through their Metalback hub at thousands of retailers (think Apple, Samsung, Levi’s, and more), and earn up to 10% back in gold on qualifying purchases.
Kinesis Pay
Kinesis Pay handles payments using your platform assets. You can send gold or silver directly to another user or pay a merchant who accepts it. Settlements happen quickly and work worldwide. For businesses, it’s like a payment gateway: merchants integrate it on their sites or use a QR code in-store to accept gold, silver, crypto, or stablecoins. Customers pay from their Kinesis wallet, and if needed, it handles conversion. The idea is to make precious metals usable for regular transactions.
KAU and KAG Redemption
Holders can exchange their digital tokens for the actual physical metal. If you have enough KAU or KAG, request delivery from the vaults. Minimums apply (e.g., 100 grams gold or 200 ounces silver), plus delivery fees. Partners like Brinks or Loomis handle secure shipping. Once redeemed, the digital tokens are burned (removed from circulation). This process shows the tokens are genuinely tied to real bullion.
Kinesis Vault Audits
To back up the 1:1 claim, independent audits verify the physical holdings match the circulating tokens. These are physical vault checks (not financial statement audits). They happen twice a year, done by Bureau Veritas (a long-established inspection and certification firm). Auditors inspect bars, serial numbers, weights, etc., and results are published publicly. The blockchain explorer also lets anyone see token supply in real time.
Kinesis Yields
A standout part of the system: over half of the transaction fees get redistributed to users through different yield categories.
- Holder’s Yield: You earn this passively just by holding KAU or KAG in your account (or linked wallet). It’s a share of the global fees, paid monthly in metal—amount varies with platform activity, but it’s like a small ongoing return on your holdings even if you’re not doing anything active.
- Minter’s Yield: This rewards people who add new physical metal to the system (by minting KAU or KAG, either depositing bullion or using the mint feature) and then put it into use (spending, selling, sending). If you do that, you get a lifelong monthly payout in metals based on your contribution to growing the supply.
- Velocity Yield: It incentivizes actual usage—sending payments, trading on the exchange, or spending via card. The more you help move things around (increase “velocity”), the more you can earn from this one.
- Referrer’s Yield: If you invite new users who start transacting, you get a cut of their fees as a reward.
- Partner’s Yield: A bigger version of the referrer reward, aimed at businesses or groups that promote or integrate the system at scale—they earn a higher percentage based on the volume they bring in.
- KVT Yield: KVT holders get their proportional slice (20%) of all platform transaction fees, distributed monthly. It’s built to reward those who back the platform long-term.
