ROCKZ (RKZ) Token — Alprockz Whitepaper Chapter 11

The ROCKZ (RKZ) follows a diametrically different monetary policy. Each and every ROCKZ will be minted only upon the collateralization of the equivalent amount in Swiss Francs. The set-up is key to ensure that there will always be the exact equivalent amount collateralized as there are ROCKZ in circulation.

Having Swiss francs as the underlying asset, there is no theoretical cap on how many RKZ can be minted. The only limit is a legal one: We mint RKZ only when we have an equal amount of incoming funds (Swiss franc value), and inversely we burn the equal amount of outgoing funds (Swiss franc value).

Our RKZ token’s SmartContract does not define the triggering events for RKZ minting/ burning; this is by design and for legal reasons. To mint/burn we must first:

Have a valid order Have received the funds before the cut-off time (12pm Swiss time) Execute Anti Money Laundering checks Fix the official rate at the fixing time (2pm Swiss time at the latest) Buy/sell CHF (so we can mint/burn RKZ) Issue/burn uncertificated securities

Could we simply mint as many RKZ tokens as we want (as some stablecoins probably do)? Although we have put in place as many technical safeguards as possible to prevent this, the main reason we cannot do this is due to rigorous and transparent processes set by us; oversight from Swiss regulatory bodies; and monthly published audits by independent and reputable companies on our CHF/RKZ tally. This guarantees that when you own a RKZ, you own a Swiss franc (CHF).

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Let’s ROCKZ !