BullPen Powered by LODE

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The BullPen Powered by LODE The ESC/EGC Program is tied to a unique NFT Vault that will allow NFT holders to redeem metals from the active real-world vaults LODE has worldwide.

The active vaults are located in Canada, Liechtenstein, London, Zurich, Frankfurt, New York, and Mexico City.

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Additionally, NFT holders can redeem their NFT for LODE’s unallocated bullion products, AGX and AUX Coins, which act as universal currencies and stablecoins. These can then be used for digital asset trading, DeFi, payments, and more.

Product Features

- Peer-to-peer enabled. ESCs can be sent to new holders in seconds.

- Fast. NFT transactions settle in six seconds or less.

- 100% backed. Holders can redeem with LODE for physical metal or AGX and AUX Coins.

- Product types silver: 1,000 oz bars, 100 oz bars, coins.

- Product types gold: 100 oz, 10 oz, 1-kilogram bars.

- Cost to acquire: 3-5% over spot.

- Cost to redeem: 200 AGX (or 2,000 AUX) admin fee regardless of order size, plus shipping and handling to redeem for physical.

0.5% conversion fee to redeem for AGX. - Transaction costs: 0.0001 AVAX. - Vaulting fees: zero.

VAULTING FEES

The World’s First Silver and Gold NFT Vault Management System LODE Electronic Silver and Gold Certificate (ESC/EGC) NFTs

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The Electronic Silver and Gold Certificate Program is a new way for funds, banks, institutional investors, and other financial bodies to buy and hold physical bullion digitally for less cost than traditional brokerages using NFTs. Parties will have all the benefits of physical bullion with the added advantage that each ESC is redeemable for specific bullion securely stored within LODE’s vaults.

As LODE continues to grow and acquire investmentgrade bullion, each item is recorded and documented with an abundance of metadata that makes each piece unique.

This metadata can include type, weight, location vaulted, distinctive markings, brands, and other defining qualities.

By taking advantage of the ERC-721 token contract on Avalanche, LODE creates ESC/EGC NFTs to represent each item in its vault, which is all beautifully displayed on LODE’s WEB3 BullPen Vault.

In the same way technologies revolutionized transportation like Uber, the ESC program is the world’s first collateralized NFT ecosystem that has the power to shift the precious metals industry dramatically.

Buying and Selling ESCs Buying and holding ESCs is easy and can be done from any WEB3 NFT wallet that supports Avalanche. Simply head to LODE’s Bullion Vault marketplace (www.bullpen.pro), connect directly, select your product and buy - all within seconds.

After purchasing an ESC, a holder can list them on a secondary market or choose to redeem them on LODE’s BullPen for AGX or AUX Coins or have the physical bullion shipped to their location.

Digital Alternative for Investment Funds As LODE’s NFTs are a digital form of allocated bullion, mutual funds, exchange-traded funds, and exchange-traded products can use them as an alternative to buying and storing physical bullion. Many funds today use futures and other derivatives instead of purchasing the physical metal, as they don’t want to pay vaulting fees and don’t have a location to store the metal. Those funds will be able to switch to using NFTs and will improve their price tracking and eliminate rollover costs.

While other NFT platforms allow users to list NFTs in an auction format, LODE differs. The Bullpen always interacts directly with LODE’s Vaulting Network, not other gold and silver buyers. It is a business-to-client relationship. NFT holders wishing to list their ESC/EGCs on secondary markets may do so on sites like https://x2-y2.us/connect/