- Kinesis Glossary Of Terms
- Allocated Bullion Exchange (ABX)
- C1USD
- Kinesis Bullion Store
- Kinesis Card
- Kinesis Gold (KAU)
- Kinesis Silver (KAG)
- Kinesis Velocity Token (KVT)
- Kinesis Explorer
- Kinesis Exchange
- Kinesis Mint
- Kinesis Money
- Kinesis Monetary System (KMS)
- Kinesis Pay
- KAU and KAG Redemption
- Kinesis Vault Audits
- Kinesis Yields
- KMS
- Master Fee Pool (MFP)
- Merchant Directory
- Metalback
- Public Private Partnerships
- Quarterly Reports
Kinesis Glossary Of Terms
This glossary explains the key concepts, products, and terminology you’ll frequently encounter in connection with Kinesis and the Kinesis Monetary System.
Allocated Bullion Exchange (ABX)
ABX is the institutional precious metals exchange connected to Kinesis. It focuses on allocated gold and silver—meaning the metal is fully owned, segregated, and stored in vaults rather than sitting in shared pools. They manage the vault network, handle bigger trades, and provide the physical backing that supports KAU and KAG on a 1:1 basis.
C1USD
A stablecoin pegged 1:1 to the US dollar. It’s useful for trading and payments if you prefer working in dollars rather than metals. Verified account holders can earn a yield on it just by holding it, with no lock-up required.
Kinesis Bullion Store
This is their online shop for buying physical gold and silver coins and bars. The products are high purity (999.9 for gold, 999 for silver), often with custom designs, and they ship directly to customers. Prices are positioned to be competitive.
Kinesis Card
A debit card that connects to your Kinesis account balances. You can use it for regular purchases in stores or online. It automatically converts the right amount of gold, silver, or other assets into local currency at the moment you pay. Everyday spending like this can also count toward Velocity Yield rewards.
Kinesis Gold (KAU)
Kinesis gold, traded under the ticker symbol KAU, is a digital asset and gold-backed currency where each token represents exactly one gram of fine physical gold stored in secure, insured vaults. It is also the name of a very useful independent secondary source of information about Kinesis Money and their monetary system 😎
Kinesis Silver (KAG)
Kinesis Silver (KAG) is a digital asset backed 1:1 by physical, allocated silver bullion stored in secure, insured vaults.
Kinesis Velocity Token (KVT)
KVT’s aren’t backed by metal. There’s a fixed supply of 300,000 tokens. Holders get a share—around 20%—of the total transaction fees generated across the platform. It’s essentially a way to participate in the system’s overall activity.
Kinesis Explorer
A blockchain explorer built specifically for Kinesis. It shows real-time information on KAU and KAG supply, transactions, and circulation, so users can check things independently.
Kinesis Exchange
The trading platform within Kinesis. You can buy, sell, or swap assets here—KAU, KAG, other cryptocurrencies, and fiat pairs. It’s the main place to move between metals and other currencies as needed.
Kinesis Mint
This is the process (and facility) where users can deposit physical gold or silver to receive equivalent KAU or KAG tokens, or redeem tokens back into physical metal, maintaining the 1:1 backing.
Kinesis Money
This can refer to the company itself, but people also use it informally when talking about the currencies, particularly KAU and KAG.
Kinesis Monetary System (KMS)
This is the blockchain system that converts allocated physical gold and silver into digital form (KAU and KAG). Everything is backed 1:1 with actual, segregated metal. Users can spend, trade, or hold these assets without storage fees, and transfers tend to be relatively fast and low-cost across borders. It’s an attempt to combine some stability of precious metals with digital usability.
Kinesis Pay
This handles payments using your Kinesis assets. You can send gold or silver directly to other users or pay merchants who accept it. It works worldwide with fairly quick settlements. For businesses, it functions like a payment gateway—merchants can integrate it on their sites or use QR codes in stores. The system can handle conversions when needed. The basic idea is to make precious metals more usable for regular transactions.
KAU and KAG Redemption
If you have enough tokens, you can redeem them for physical metal from the vaults. Minimum amounts apply (for example, around 100 grams of gold or 200 ounces of silver), plus shipping fees. Partners like Brinks or Loomis manage the secure delivery. Once redeemed, the digital tokens are permanently removed from circulation. It’s one way to prove the link between the tokens and the actual bullion.
Kinesis Vault Audits
Independent audits are done to verify that the physical metal in the vaults matches the circulating digital tokens. These are on-site physical inspections rather than just financial reviews. They occur twice a year and are carried out by Bureau Veritas. Auditors check serial numbers, weights, and other details, with results made public. The blockchain explorer also lets people monitor token supply in real time.
Kinesis Yields
A significant portion of the platform’s transaction fees gets redistributed to users in several categories:
- Holder’s Yield: Earned simply by holding KAU or KAG in your account. It’s a share of global fees paid monthly in metal. The amount depends on overall platform activity.
- Minter’s Yield: Rewards those who bring new physical metal into the system (by depositing bullion or minting tokens) and then use those tokens. It can provide ongoing monthly payouts based on your contribution.
- Velocity Yield: This one rewards active use—making payments, trading, or spending with the card. The more you help circulate the assets, the more you can earn.
- Referrer’s Yield: You get a cut of fees from people you successfully refer who become active users.
- Partner’s Yield: A larger-scale version for businesses or groups that bring in significant volume through integration or promotion.
- KVT Yield: KVT holders receive about 20% of all platform transaction fees, distributed monthly. It’s designed to benefit longer-term participants.
KMS
KMS is a very important akronym. It stands for Kinesis Monetary System.
Master Fee Pool (MFP)
The Master Fee Pool is the central repository where a portion of all transaction fees generated across the Kinesis platform (from trading, sending, and spending KAU and KAG) is collected and then redistributed as yields to users based on their participation.
Merchant Directory
The merchant directory is the platform’s listing of retailers and businesses that accept KAU, KAG through Kinesis Pay, enabling real-world spending of the metals.
Metalback
Kinesis’s cashback-style program, paid out in gold (KAU). You shop through their portal at various major retailers, and you can earn a percentage back in gold on eligible purchases.
It is called metalback because unlike cashback programs that return cash, metalback returns gold. Cashback returns cash. Metalback returns gold. Somewhere, an English teacher is feeling a slight disturbance in the Force.
Public Private Partnerships
Public Private Partnerships refer to Kinesis’s collaborations with governments and public agencies to integrate its metal-backed currencies into broader payment systems or economic initiatives.
Quarterly Reports
These are the regular updates published by Kinesis detailing platform performance metrics, such as token circulation, audit results, yield distributions, and financial overviews, promoting transparency for the community.
