Terms of Service (including Bailment Terms)
Last updated: Oct 28th, 2025
1. Introduction
Welcome to AuResources.io (the “Platform”), a decentralized application operated by AuResources AG, a Swiss company based in Zug (“we,” “us,” “our”).
These Terms of Service (the “Terms”) govern your access to and use of the Platform, as well as your purchase, holding, and use of AuResources Utility Tokens (collectively, “Tokens”).
Certain Tokens correspond to real-world commodities, such as gold, that are held, produced, or sourced under a bailment arrangement (the “Bailment Terms”). These Terms include those Bailment Terms, which describe how related physical commodities are stored, managed, and, when eligible, delivered.
The AuResources Utility Tokens described herein are not securities. They are functional, asset-linked tokens that provide access to AuResources ecosystem services, including the ability to participate in conversions or redemptions once the underlying metal has been refined or allocated.
These Terms apply only to the AuResources Utility Tokens offered directly by AuResources AG. They do not apply to any security tokens issued through third-party platforms such as BlockInvest or Milano Global Advisors, which are governed by their own documentation and regulatory framework.
By purchasing, holding, or using AuResources Utility Tokens, you acknowledge and agree to be bound by these Terms, including the Bailment Terms. If you do not agree, do not use the Platform or acquire any AuResources Tokens.
2. Definitions
AuResources Tokens: Cryptographic tokens issued by AuResources AG representing title to specific amounts of real-world commodities (e.g., gold), in either refined or unrefined form, or backed by such assets indirectly (see Section 7).
Bailment Assets: The physical commodities backing AuResources Tokens, which may include unrefined in-ground resources or refined and vaulted assets.
Bailor: A user who legally owns the Bailment Assets by holding the corresponding AuResources Tokens.
Bailee: AuResources AG, acting as custodian of the Bailment Assets without holding title.
Sub-Bailee: A regulated third-party delegate appointed by the Bailee to store or manage Bailment Assets.
Delivery: The act of transferring physical Bailment Assets to the Bailor, subject to specific terms (see Section 6).
3. Nature of the Service
AuResources.io provides access to blockchain-based tools and smart contracts primarily deployed on the Polygon Proof-of-Stake (PoS) network. The Platform enables users (“you,” “your”) to interact with digital assets and decentralized protocols through their self-custodied wallets. The Platform does not provide investment services or financial intermediation. AuResources AG does not control user wallets or private keys and cannot reverse on-chain transactions.
Multichain Deployment: Smart contracts may be deployed on other blockchain networks. Tokens may be transferred cross-chain using supported protocols. Users are responsible for all gas costs associated with transfers between networks.
DEX Swapping: Tokens may be made available on decentralized exchanges (DEXs) such as Uniswap. However, availability and liquidity may vary by network. AuResources is not responsible for the performance, functionality, or security of third-party exchanges.
Smart contracts used for borrowing, lending, and vault management are non-custodial and autonomous. You are fully responsible for managing risk when interacting with these services.
We do not custody assets, control your wallet, or have access to your private keys. You are solely responsible for the security and management of your wallet and all transactions.
4. Ecosystem Overview: Token Types
AuResources issues a suite of tokens that represent or interact with real-world commodities. These tokens serve a variety of functions — including ownership, delivery, trading, and lending/borrowing — within a regulated digital framework.
4.1 Unrefined Asset Tokens
Represent pre-extracted resources (e.g., unmined gold) from approved projects with defined maturity dates (when the resource is expected to be extracted, refined, and made available). These tokens:
Are subject to a bailment agreement per project (available during sale).
Can be converted into refined tokens upon maturity.
4.2 Refined Asset Tokens (e.g., AURG)
Backed by fully refined, vaulted, and insured commodities. These tokens:
Represent assets ready for delivery or storage.
May originate from matured Unrefined Tokens.
4.3 Stable Tokens (e.g., AuUSD)
AuUSD is a stable token used within the AuResources ecosystem as a medium of exchange, designed to maintain a stable value (e.g., USD-pegged). It is collateral-backed and issued through a smart contract vault system that enables borrowing by token holders.
AuUSD Borrowing Mechanism:
Collateral: Holders of eligible Unrefined or Refined Tokens (e.g., PGF or AURG) may deposit their tokens into a vault smart contract as collateral.
Loan-to-Value (LTV): Borrowers receive AuUSD at a percentage of the market value of their collateral (LTV). LTV rates may differ per token type and are set at AuResources' discretion.
Interest Rate: Borrowed AuUSD accrues interest over time. The interest rate is determined by AuResources and may vary over time or by vault type.
Liquidation:
If the collateral value minus accrued interest falls below a pre-defined liquidation threshold, any user may initiate liquidation of that vault.
A penalty (malus) will be applied to the collateral during liquidation to incentivize healthy collateralization and compensate liquidators.
The vault owner may reclaim any remaining collateral after liquidation and repayment of the borrowed AuUSD (including interest and penalty), if applicable.
Additional Notes:
Borrowing AuUSD does not transfer ownership of the collateral, but it is locked until fully repaid or liquidated.
Users assume full risk when borrowing, including volatility and potential liquidation due to price fluctuations or protocol changes.
Terms and smart contract logic for borrowing, interest, and liquidation are published on the Platform and are subject to periodic updates.
AuResources may introduce additional token types or update the underlying backing mechanisms at its discretion.
5. Legal Framework: Bailment Structure
By acquiring and holding AuResources Tokens, you enter into a bailment arrangement with AuResources AG:
You (the Bailor) retain legal ownership of the underlying Bailment Assets.
We (the Bailee) store or manage the assets on your behalf but do not assume ownership.
AuResources may appoint Sub-Bailees (e.g., miners, refiners, vault operators).
The bailment persists unless:
You request delivery (see Section 6),
The Bailee dissolves or enters liquidation, or
Token migration or ecosystem changes require re-structuring.
6. Delivery Terms
If you hold tokens representing refined, deliverable assets, you may request physical delivery under the following conditions:
KYC verification is mandatory.
Minimum delivery: 10,000 tokens (or equivalent asset value).Current delivery fee: $5,000 per lot.
Delivery location will be specified; shipping may incur extra costs.
Only verified Bailors may request and collect deliveries. Proxy collection is not permitted. You must present a valid government-issued ID at collection. AuResources reserves the right to reject delivery requests for non-compliance.
6.1 Delivery Guarantee and Substitution
In the case of token offerings tied to specific suppliers AuResources AG guarantees that, should the original provider fail to deliver the Bailment Assets on time, AuResources will source and deliver equivalent assets from alternative suppliers.
This guarantee ensures that obligations toward investors are upheld in accordance with the terms of the applicable Offering. AuResources AG will take all commercially reasonable steps to fulfill delivery commitments to token holders, maintaining the integrity of the asset-backing regardless of supplier performance.
7. Token Sales, Soft Caps, and Refunds
Each project listed on the Platform may include one or more unrefined asset token offerings. These projects may include:
Soft Cap: A minimum USD-equivalent amount that must be raised.
If the soft cap is not reached by the end of the sale, all users will be refunded in USDC on the Polygon network to the originating wallet.
Users must ensure compatibility with USDC and access to the Polygon network.
Each sale page includes token-specific documentation, schedules, and legal terms (including the applicable bailment agreement).
8. Wallet and Token Ownership
You must use a compatible ERC-20 wallet.
Token ownership equates to asset ownership.
Title to the associated asset transfers with the token.
Tokens may only be transferred to others who accept these Terms (via Platform or other means).
9. Reward Points Program
AuResources may offer non-transferable points as a reward for participation (e.g., signing up, referrals, purchases).
Rewards may be changed, reduced, paused, or revoked at any time.
Points do not constitute a financial instrument, token, or security.
10. Eligibility
You must be at least 18 years old (or the legal age of majority in your jurisdiction) to use the Platform.
By accessing the Platform, you represent and warrant that:
You meet these eligibility requirements.
You are not located in, or a resident of, any jurisdiction subject to sanctions or restrictions that would make your use of the Platform unlawful.
11. User Responsibilities
By using AuResources.io, you agree to:
Initiate all blockchain transactions at your own discretion.
Manage and secure your own digital wallet and private keys.
Comply with local laws and regulations regarding digital assets.
Pay all relevant network fees, including those incurred for cross-chain operations.
Use the platform only for lawful purposes.
12. Intellectual Property
Except for decentralized components deployed on-chain or under open-source licenses, all design, branding, software, and content of AuResources.io are the exclusive property of AuResources AG.
You may not copy, modify, distribute, or reuse any part of the Platform without express written consent.
13. Third-Party Services and Smart Contracts
AuResources.io may integrate with third-party wallets, explorers, analytics tools, and decentralized protocols (collectively “Third-Party Services”).
We do not own or control these services and are not responsible for their content, security, or performance.
All smart contracts available through the Platform are autonomous and immutable.
We cannot reverse, modify, or cancel transactions once executed.
You acknowledge that you interact with these contracts at your own risk and that AuResources AG is not liable for bugs, exploits, or unintended behavior in any deployed smart contract.
14. Risks and Disclaimers
Using the AuResources Platform and its associated smart contracts involves significant risks. By interacting with the Platform, including its tokenization, trading, vault, and borrowing mechanisms, you acknowledge and accept all of the following:
General Blockchain Risks:
Smart contract vulnerabilities or exploits: Any deployed contract may contain bugs, be subject to hacking, or behave unexpectedly.
Network issues: Congestion, high gas fees, or outages on Polygon or other supported blockchains may delay or prevent transactions.
Wallet mismanagement: Loss or theft of your private keys, hardware failure, or phishing attacks can result in irreversible loss of tokens.
Human error: Mistakes in sending or receiving tokens (e.g., wrong addresses or contract interactions) are typically irreversible.
Token Value Risks:
Price volatility: The market value of AuResources Tokens or collateralized assets can fluctuate significantly, affecting your portfolio and borrowing capacity.
Asset liquidity: Liquidity may vary by token, project, or exchange. You may not be able to exit positions or sell tokens efficiently.
Vault and Borrowing Risks (AuUSD):
Collateral liquidation: If your vault’s loan-to-value (LTV) ratio exceeds protocol thresholds (due to price changes or interest accrual), your vault may be liquidated, resulting in partial or total loss of your collateral.
Interest rate volatility: Interest rates on borrowed AuUSD are subject to change and may increase your repayment obligations over time.
Collateral malus: Upon liquidation, a penalty may be applied to the collateral. The remaining value, if any, will be returned to you — but there is no guarantee of recovery.
Smart contract lock-in: Deposited collateral remains locked until debt repayment or liquidation. You cannot freely move or sell collateralized tokens while they are in a vault.
Liquidator availability: Vaults may be liquidated by any user if thresholds are breached. There is no guarantee of timing or execution.
Oracle dependency: Vault health and liquidation rely on price feeds, which may fail, be delayed, or manipulated, potentially triggering incorrect liquidations.
Legal and Regulatory Risks:
Jurisdictional restrictions: You are responsible for ensuring that your use of the Platform complies with the laws of your jurisdiction.
Regulatory changes: Evolving laws or enforcement actions could impact your ability to use the Platform or interact with specific assets.
Disclaimer: The Platform and all associated services are provided “as is” and “as available” without warranties of any kind, express or implied. AuResources AG disclaims all responsibility for losses or damages resulting from your use of the Platform, including direct, indirect, incidental, or consequential loss.
15. No Financial or Investment Advice
Information provided through AuResources.io or related materials does not constitute investment, financial, or trading advice.
You are solely responsible for your own decisions and should consult qualified professionals before engaging in any digital asset transaction.
16. Taxes
You are responsible for reporting and paying taxes related to your token purchases, rewards, and deliveries. AuResources does not provide tax advice or reporting.
17. Limitation of Liability
To the fullest extent permitted by law, AuResources AG, its affiliates, directors, employees, and partners are not liable for any direct, indirect, incidental, consequential, or punitive damages — including loss of funds, data, or profits — arising out of your use or inability to use the Platform.
We are not liable for errors, delays, or losses resulting from blockchain network failures, wallet issues, or third-party service providers.
AuResources AG’s liability in connection with Bailment Assets is limited to the physical commodities verifiably held or allocated for delivery. We are not liable for market value changes or for commodities not yet produced.
18. Termination and Suspension
We reserve the right to suspend or terminate access to the Platform at any time, without notice, if we believe you have violated these Terms or engaged in activity that may harm the Platform or its users.
Because the Platform operates through decentralized infrastructure, termination of your account does not reverse or prevent access to the underlying smart contracts, which remain accessible on the Polygon blockchain.
19. Changes to the Terms
We may update or modify these Terms at our discretion. Updated versions will be posted on this page with a revised “Last updated” date.
Your continued use of the Platform after changes take effect constitutes your acceptance of the revised Terms.
20. Governing Law
These Terms are governed by and construed in accordance with the laws of Switzerland, without regard to conflict-of-law principles.
Any disputes shall be resolved in the competent courts of Zug, Switzerland.
21. Contact
For questions or support, reach out to:
22. Entire Agreement and Survival
This Agreement constitutes the entire understanding between you and AuResources AG regarding your use of the Platform and holding of AuResources Utility Tokens. If any provision is found unenforceable, the remainder will remain in effect. Sections concerning ownership, bailment, delivery, risks, limitations of liability, and governing law will survive termination of your use of the Platform.