Warranties for investors
Ensuring 100% Backing and Guarantees: At BlockLit, transparency and security are at the heart of our tokenization process. We want every investor to have complete confidence that our Lithium Tokens are 100% backed by tangible assets and that there is no risk of de-pegging or any issues with the backing of the tokens, as you can read in detail here: How our token works?
Unwavering Commitment to Asset-Backed Value: Our commitment to maintaining the value and integrity of our Lithium Tokens is unwavering. Each Lithium Token issued represents a specific portion of derivative contracts of lithium, a critical mineral that powers essential technologies like electric vehicle batteries and renewable energy storage.
Immutable Records on the Blockchain: The blockchain technology we employ ensures that every transaction and token issuance is recorded on an immutable ledger. This means that the records of the lithium backing each token are permanent and cannot be altered. This transparency empowers every investor to independently verify the legitimacy of our asset-backed claims.
Independent Audits and Verification: To further bolster investor confidence, we commit to conducting regular independent audits of our holdings. These audits will verify the quantity and authenticity of the assets we hold. Redeeming Tokens for Real Derivative Contracts: At BlockLit, we offer our investors the unique opportunity to not only hold and trade Lithium Tokens but also to directly access the real-world derivative contracts of lithium that underpin these tokens. Our redemption process enables you to convert your tokens into physical derivative contracts, giving you a tangible connection to the underlying assets. You can ask for redemption with at least, 1 ton. of mineral.
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