Dominion offers SILV, a Solana‑based token that represents one troy ounce of LBMA‑grade physical silver stored in insured vaults and fully redeemable for the metal. Each token is backed 1:1 and continuously verified on‑chain, providing investors with 24/7 tradable exposure, DeFi collateral utility, and yield generated from protocol fees and trading activities.
Funding
Funding not disclosed
Founders
Product
Problem
Investors seeking exposure to physical silver face illiquidity, storage costs, and the inability to earn yield on the metal, while traditional tokenized silver offerings are limited in supply and lack transparent backing.
Solution
Dominion issues SILV, a Solana-based token that represents one troy ounce of LBMA‑grade silver held in insured, professional vaults. Each token is fully redeemable for the underlying metal and is continuously verified on‑chain through serial‑number logging. The protocol generates real yield by capturing revenue from minting and redemption fees, liquidity pool trading fees, lending spreads, arbitrage, and futures basis trading, distributing the earnings to holders as additional SILV tokens. This structure provides investors with 24/7 tradable exposure, the ability to use SILV as DeFi collateral, and a compounding return on their silver holdings.
Target Audience
Primary customers are crypto‑savvy investors and traditional metal investors who want liquid, on‑chain exposure to physical silver, as well as DeFi platforms seeking a reliable, yield‑bearing hard‑asset token.
Features
- 1:1 backing of each SILV token by physical LBMA‑grade silver stored in insured vaults, with daily on‑chain proof of reserve
- Full redeemability for physical silver (minimum 100 oz) with transparent redemption fees
- Yield distribution in SILV tokens derived from multiple revenue streams, including trading fees and lending spreads
- Integration with Solana DeFi ecosystem for lending, borrowing, and collateral use
- Instant settlement and 24/7 trading on Solana decentralized exchanges
- Monthly audited serial‑number tracking to ensure vault allocation and prevent rehypothecation