Kinesis Silver (KAG) stablecoin analytics
KAG is Kinesis Silver, a tokenized claim on one troy ounce of investment-grade silver bullion with direct physical redemption and transaction-fee yield sharing.
Static Profile
Static stablecoin profile
Kinesis Silver (KAG) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Silver.
AI summary / Updated Aug 8, 2026
KAG is a claim on one troy ounce of allocated silver, and for most of its life on Pharos it carried the word audited without anyone opening the artefact to see what that word was doing. Someone opened it. Bureau Veritas's April 2026 work is a commodity vault inspection...
AI summary · drafted by claude-opus-5[1m] · facts as of Aug 8, 2026
- Collateral
- Investment-grade physical silver bullion (1 KAG = 1 troy ounce)
- Peg Mechanism
- KMS Labs' ERC-20 KAG is backed 1:1 by Kinesis-native KAG after compliance onboarding; native KAG is then redeemable for allocated physical silver through Kinesis Cayman. ERC-20 balances do not accrue Kinesis transaction-fee yield.
- Jurisdiction
- Panama
- Proof Of Reserves
- Independent Audit by Bureau Veritas Commodities UK Ltd (Inspectorate International; commodity vault inspection under agreed procedures with no opinion - the token-vs-metal comparison exists only in the issuer cover letter, whose signatory heads both Kinesis and the vault operator ABX) Reserve source
- Contracts
- 1 deployment tracked across Ethereum.
Snippet Answer
Is KAG safe?
Pharos does not mark KAG as absolutely safe. Static metadata says Kinesis Silver uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Bureau Veritas Commodities UK Ltd (Inspectorate International; commodity vault inspection under agreed procedures with no opinion - the token-vs-metal comparison exists only in the issuer cover letter, whose signatory heads both Kinesis and the vault operator ABX); the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety kag-kinesis
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Aug 8, 2026.
KAG quick answers
What is Kinesis Silver (KAG)?
KAG is Kinesis Silver, a tokenized claim on one troy ounce of investment-grade silver bullion with direct physical redemption and transaction-fee yield sharing. The static profile records its Silver peg mechanism as: KMS Labs' ERC-20 KAG is backed 1:1 by Kinesis-native KAG after compliance onboarding; native KAG is then redeemable for allocated physical silver through Kinesis Cayman. ERC-20 balances do not accrue Kinesis transaction-fee yield.
Is KAG safe?
Pharos does not mark KAG as absolutely safe. Static metadata says Kinesis Silver uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Bureau Veritas Commodities UK Ltd (Inspectorate International; commodity vault inspection under agreed procedures with no opinion - the token-vs-metal comparison exists only in the issuer cover letter, whose signatory heads both Kinesis and the vault operator ABX); the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs KAG?
Pharos classifies KAG backing as Real-World Asset Backed. Collateral, per the static profile: Investment-grade physical silver bullion (1 KAG = 1 troy ounce) Reserve evidence: Independent Audit from Bureau Veritas Commodities UK Ltd (Inspectorate International; commodity vault inspection under agreed procedures with no opinion - the token-vs-metal comparison exists only in the issuer cover letter, whose signatory heads both Kinesis and the vault operator ABX).
Can KAG be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for KAG, when applicable, appear in the dossier below.