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Real Asset Yield Index

RWA • Bullion • Yield Comparison

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Real Asset Yield Index — Precious Metal Tokens with Passive Earnings

This index compares real asset-backed tokens by how they deliver yield. These tokens represent vault-held physical gold or silver, and may offer passive income through mechanisms like Holder’s Yield, Velocity Yield, or institutional programs. Unlike synthetic or DeFi tokens, these assets are fully reserved and often redeemable for real bullion.

Use Case: Helps identify which metal-backed tokens generate yield and whether that yield compounds, expires, or requires user action.

Key Concepts:

Token Asset Type Yield Type Frequency Compounding Redeemable Notes
$KAG 1 oz Silver Holder’s Yield + Velocity Yield Monthly Yes (auto accumulation) Yes Fully backed, referral boosts available
$KAU 1 gram Gold Holder’s Yield + Velocity Yield Monthly Yes (auto accumulation) Yes Physical delivery and 1:1 redemption via Kinesis
$XAUT 1 oz Gold None (price-tracking only) None No Yes* *Redeemable under strict terms, no passive yield
$PAXG 1 oz Gold None (value only) None No Yes Regulated and redeemable via Paxos, no yield program
$AUX Gold (varied) Depends on issuer Varies Unclear Varies Issuer-dependent terms and vaulting

Real Asset Yield Evaluation Reference

five yield dimensions that separate productive bullion tokens from passive price trackers

Yield Dimension What It Measures $KAG/$KAU $PAXG/$XAUT
Holder’s Yield Passive income earned simply by holding the token in your wallet Yes — distributed monthly based on balance None — holding generates no additional income
Velocity Yield Rewards generated from ecosystem transaction activity Yes — a share of all transaction fees in the Kinesis system None — no fee-sharing mechanism exists
Auto-Compounding Whether earned yield automatically reinvests Yes — yield paid in the same metal, balance grows No — no yield to compound
Redeemability Ability to convert token back to physical bullion Yes — 1:1 physical delivery through Kinesis Yes — but with minimum thresholds and issuer terms
Sovereignty Whether the holder retains full control without custodial risk Medium — yield requires holding within Kinesis ecosystem Medium — ERC-20 tokens, self-custody possible

Key Insight: Most gold and silver tokens are price trackers — they give you exposure to the metal’s value but nothing else. $KAG and $KAU are the only major metal-backed tokens that pay passive yield from real economic activity. The yield is not inflationary. It comes from transaction fees generated by actual usage. This is the difference between holding a receipt for gold and holding gold that works for you.

Real Asset Yield Architecture Framework

four steps from passive metal exposure to productive bullion income

Step 1 — Select the Metal Layer
– Choose between silver ($KAG) and gold ($KAU) based on price exposure
– Silver offers higher volatility and lower entry — better for accumulation
– Gold offers stability and institutional recognition — better for preservation
– Both generate yield — the choice is about which metal serves the current goal
Gold preserves. Silver accumulates. Both earn while they sit
Step 2 — Activate Yield Layers
– Holder’s Yield activates automatically by holding $KAG or $KAU
– Velocity Yield grows with ecosystem transaction volume
– Referral yield adds a third income stream from network growth
– All yield paid in the same metal — gold earns gold, silver earns silver
Yield in metal is yield that cannot be debased
Step 3 — Monitor and Compare
– Track monthly yield distribution — is it growing, flat, or declining?
– Compare against $PAXG/$XAUT — are you outperforming passive trackers?
– Evaluate whether ecosystem velocity is increasing or contracting
– Use this index to verify your metal allocation is productive, not idle
An index is not a ranking — it is a mirror for your own allocation
Step 4 — Preserve and Layer
– Route profits into Kinesis $KAG/$KAU for metal preservation
– Layer Cyclo for liquid staking above the metal base
– Layer SparkDEX for dividends and Enosys for lending
– Secure crypto holdings in Ledger or Tangem
Metal is the floor — yield layers are the rooms you build on top

Real Asset Yield Audit Checklist

verify that your metal-backed tokens are earning, compounding, and redeemable

1. Backing Verification
☐ Token is 1:1 backed by vault-held physical bullion
☐ Vault audits published regularly and independently verified
☐ Redemption pathway confirmed — physical delivery tested or documented
☐ No fractional reserve or synthetic backing in token structure
☐ Issuer jurisdiction and regulatory standing reviewed
If the backing is not auditable, the token is a promise, not an asset
2. Yield Verification
☐ Yield type identified — Holder’s, Velocity, referral, or none
☐ Yield source confirmed — real economic activity, not inflation
☐ Yield frequency documented — monthly, quarterly, or none
☐ Auto-compounding confirmed or manual claim required
☐ Yield paid in same metal, not in a separate utility token
Yield from inflation is dilution disguised as income
3. Performance Tracking
☐ Monthly yield distributions logged and compared over time
☐ Velocity metrics tracked — is ecosystem activity growing or declining?
☐ Metal price movement separated from yield performance
☐ Compared against passive trackers — is the yield premium meaningful?
☐ Holding duration evaluated — longer holds compound more value
Track yield separately from price — they are two different engines
4. Sovereignty & Continuity
☐ Self-custody of metal tokens verified where possible
☐ Redemption process documented for heirs in estate plan
☐ Metal allocation diversified — not all in one issuer or vault
Kinesis account access credentials included in legacy plan
☐ Physical delivery address and logistics pre-configured
Redeemable means nothing if nobody left alive knows how to redeem it

Capital Rotation Map

metal-backed yield tokens serve a specific role in the rotation — they are where capital rests and earns between cycles, not where it chases momentum

Phase Capital Flow Real Asset Yield Role
1. BTC Accumulation Fiat/Stables → BTC Maintain metal base — $KAG/$KAU earn yield while BTC position builds
2. ETH Rotation BTC profits → ETH Metal holds steady — yield compounds while DeFi capital deploys
3. Large Cap Alts ETH → XRP, FLR, HBAR Metal floor anchors — real yield provides stability beneath alt volatility
4. Small/Meme Rotation Alts → Memes/Microcaps Do not touch the metal — it earns while speculative capital rotates above it
5. Peak Distribution Crypto → Stables/RWA Increase metal allocation — rotate crypto profits into $KAG/$KAU before drawdown
6. RWA Preservation Stables → $KAG/$KAU Peak metal position — maximum yield from maximum balance, capital rests and earns
The Metal That Earns: Most investors think of gold and silver as dormant — you buy it, you store it, you wait. $KAG and $KAU change that equation. They earn yield from real economic velocity while maintaining full physical backing and redemption rights. During the growth phases of the cycle, the metal base earns quietly in the background. During the preservation phase, it becomes the primary allocation — and the yield it accumulated during the quiet months compounds the position. This is not about choosing between growth and preservation. It is about building a metal floor that earns while the rest of the portfolio works above it. Route profits into Kinesis $KAG/$KAU for preservation. Layer Cyclo for liquid staking, SparkDEX for dividends, and Enosys for lending. Secure everything in Ledger or Tangem.

 
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