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About the AYNI Project

Written by Ayni Support Team

What is AYNI Gold?

Most people encounter gold only after it has already been produced—as a bar, a coin, or a gold-backed token.

AYNI Gold begins one step earlier, with the productive asset itself. It is a private participation programme linked to mining capacity at an operating, licensed alluvial gold-mining concession in Peru.

The programme gives participants a digital way to follow mining-linked activity and become eligible for variable rewards when the operation creates a distributable result.

Why is the project called AYNI?

The name AYNI comes from an Andean concept associated with reciprocity: contribution, obligation, and result are connected through a continuing relationship.

AYNI Gold applies this idea to a modern productive system. The mining operator performs the physical work, the programme records participation and applies its rules, and eligible participants may receive a variable result linked to the operation’s performance.

The name describes the principle behind the programme. It does not mean that AYNI Gold reproduces a traditional Andean institution or gives every participant the same role or rights.

Why does AYNI Gold focus on production rather than finished gold?

A gold bar is a finished asset. It can be weighed, stored, and transferred.

A mine is different. It is a productive system that depends on licences, equipment, people, operating time, geology, recovery performance, costs, buyers, reporting, and many other connected elements.

AYNI Gold is designed around participation in this productive process. Participants do not purchase a specific quantity of mined gold. Their positions are linked to mining capacity and to the results that the operation may produce over time.

How can I participate?

AYNI Gold offers two participation formats.

Gold Units are fixed participation tiers with predefined prices, mining-linked capacity, estimated daily accruals, individual 90-day reward cycles, and access to the internal Marketplace, subject to eligibility and platform rules. See Gold Units: Overview and How They Work for details on both formats.

AYNI Token Staking is a token-based format for participants who want a flexible allocation and are prepared to lock AYNI for a selected staking period.

Both formats are connected to the same mining-linked programme, but their entry amounts, mechanics, fees, reward estimates, and liquidity conditions are different.

How does mining activity become a participant reward?

The mining operation is conducted by Minerales San Hilario S.C.R.L. at concession No. 070011405 in Peru.

The programme uses reported operating results to determine whether a distributable result has been created. The calculation considers factors such as:

  • mining output;

  • the market price of gold;

  • operating costs;

  • royalties and taxes;

  • programme fees;

  • the rules applicable to the participation position.

When there is an eligible distributable result, rewards become claimable in 90-day cycles and are paid in PAXG, a gold-backed digital token issued independently by Paxos Trust Company.

Displayed daily accruals are estimates, not confirmed or guaranteed rewards.

What makes the programme verifiable?

A digital record alone cannot prove that physical production occurred. For that reason, AYNI Gold provides several layers of supporting information.

Participants can review:

  • the concession registration and operating entity;

  • the independent geological scoping study;

  • historical production figures and Operational Dispatches;

  • published smart-contract reviews;

  • programme rules and calculation examples;

  • selected issuance, lock, fee-allocation, and distribution events recorded on Ethereum;

  • outbound PAXG transfers that can be inspected on-chain.

The blockchain preserves selected programme records after they are entered. Physical mining activity is supported separately through operating records, reporting, and verification materials.

Does participation mean that I own gold or part of the mine?

No. Participating through Gold Units or AYNI Token Staking does not provide ownership of:

  • physical gold;

  • gold in the ground;

  • the mining concession;

  • mining equipment;

  • Minerales San Hilario S.C.R.L.;

  • AYNI TOKEN INC.;

  • shares, equity, or mining revenue.

A participant receives a position within the AYNI Gold programme and eligibility for variable rewards under the applicable rules.

Is AYNI backed by physical gold?

AYNI is not a gold-backed token and is not a claim on stored or mined gold.

AYNI is a utility token used within the programme, including for staking and Marketplace settlement. Its connection to gold comes from the programme’s relationship with mining production—not from ownership of physical gold held against each token.

PAXG is different. It is issued independently by Paxos and is backed by allocated physical gold under Paxos’s terms.

What risks should I consider?

A productive asset faces the future, so its results cannot be known in advance.

Mining output may be affected by geology, equipment availability, operating hours, weather, recovery performance, costs, regulation, safety conditions, and management decisions. Results may also change with the market price of gold and applicable programme fees.

Digital participation introduces additional risks, including:

  • volatility in AYNI, PAXG, and gold prices;

  • limited Marketplace or token liquidity;

  • smart-contract or platform failures;

  • wallet and account-access loss;

  • third-party provider failures;

  • legal and jurisdictional restrictions.

Rewards are estimated and variable, are not guaranteed, and may be zero. Participants should review the current Programme, Terms and Conditions, and verification materials before participating.

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