Locked for a term, not handed over: what happens when the date arrives
Two arrangements get called the same thing and are not. Money committed for a fixed period is one: you cannot touch it until a date, and on that date it comes back to you. Property left with someone else to keep is the other: the thing is yours the whole time, but somebody else is holding it. AYNI Gold's token staking is the first kind, not the second. This page is about the date, and about what is recorded around it.
| Moment | What happens | Where it is recorded | What you do |
|---|---|---|---|
| Start of term | Participation is issued and locked | Contract event on Ethereum | Keep the keys; note the release date |
| During the term | Accrual runs against production | Programme and production reporting | Nothing is required |
| Distribution | PAXG arrives in your wallet | Token transfer on Ethereum | Hold or move it, as you choose |
| End of term | The lock releases on its date | Contract event on Ethereum | Decide before the date, not after |
AYNI Gold — key figures
The programme these pages describe — AYNI Gold: participation tied to a licensed Peruvian gold operation, with rewards measured and paid in metal (PAXG) rather than in a project token.
*Target Variable Reward is a target, not a guarantee; actual rewards vary and may be zero.
Locked for a term is not the same as handed over for keeping
The distinction decides what you are exposed to. Under a lock, what is committed is committed and nobody else takes possession of it — the constraint is a period, enforced by a contract on Ethereum whose terms are the same for everyone and readable by anyone. Under a safekeeping arrangement, another party holds the object and you are exposed to their solvency and their care. AYNI Gold participants keep their own keys through TurnKey self-custody, which is precisely why the arrangement is a lock and not a deposit with a custodian.
What the term fixes, and what it does not
The term fixes when. It does not fix how much. Token staking starts at USDT 1,000 with lock periods — twelve months is a common one — and the Target Variable Reward is stated as up to 45% a year. That figure is a target attached to real production under INGEMMET concession #070011405 and to the formula extraction − operating costs − programme fee. A fixed-term deposit tells you both numbers on day one; this arrangement tells you only the first, and the second may be zero.
The end of the term, in order
The sequence is worth reading at the beginning rather than at the end. Accrual runs through the term. Distributions arrive in PAXG on the programme's cycle — every 90 days for Gold Units. The lock releases on its date, and the release is an event recorded against the contract, not a request you have to send by e-mail. What you hold afterwards sits in a wallet whose keys never left you. Whatever you intend to do at maturity is best decided while the calendar is still in front of you.
Where the confirmation lives
There are three places to look and they answer different questions. The programme contract on Ethereum, 0x9d70baE2944Ffa477F37Bae227fd981E6eB31982, carries issuance, lock and release events with timestamps. The reviews by CertiK and PeckShield say whether that contract does what it claims. And the operating record behind the reward is separate again: the May 2026 pilot distributed $307,000 from 13,434.8 grams of extracted gold. A term arrangement with no third place to look is worth less than its headline figure.
Three questions worth settling before the date, not after
The first is what you intend to do with the PAXG that arrives during the term — hold it as metal, move it, or convert it. Deciding in advance turns each distribution into a routine rather than a decision. The second is where the release date actually falls, because a term that ends at an inconvenient moment is a term you will be tempted to argue with.
The third is whether the reason you committed still holds when the calendar runs out. None of the three changes the variability of the reward, which follows production and costs and may be zero. They only change how much of the arrangement you are improvising at the end of it.
FAQ
- What happens on the day the lock ends?
- The release is recorded against the programme contract on Ethereum on its date. Accrual runs through the term and distributions arrive in PAXG on the programme cycle; the keys to the wallet stay with you throughout.
- Is this a deposit that somebody else is holding for me?
- No. It is a commitment for a fixed period enforced by a contract, and custody stays with you through TurnKey self-custody. Nobody takes possession of your keys.
- Can I take the position out before the date?
- A lock means a term. Check the term and what happens at the end of it before committing, because the arrangement is built around that date rather than around withdrawal on demand.
- Does a longer term mean a larger reward?
- The reward follows production, costs and the gold price under the programme formula, not the calendar on its own. The published figure is a target, and rewards are variable and may be zero.
- Where do I see that the release actually happened?
- As an event against the programme contract on Ethereum, with a timestamp, alongside the issuance and lock events from the start of the term.