Final Silver Crash Before Tokenization Rally?🚀Denario CEO INTERVIEW🔥

Gold and silver futures plummeted by the most in many years on Tuesday, in a selloff that some analysts said was a function of profit-taking but may not mark an end to a rally that has lifted prices to all-time highs.

~This episode is sponsored by Tangem~
Tangem ➜ https://bit.ly/TangemPBN
Use Code: "PBN" for Additional Discounts!

GUEST: Yonghan Lee, CEO, Denario
Denario $DSC Token Info ➜ https://bit.ly/DenarioDSC
Denario website ➜ https://bit.ly/Denariowebsite

00:00 intro
00:07 Sponsor: Tangem
00:35 Silver Retracement
01:08 Silver Demand vs Deficit
02:22 Silver Supply Crisis
03:19 Tokenized Silver Coming
04:31 Denario $DSC Silver Token
05:47 Delivery & Transparency
06:14 How To Buy on Uniswap
06:43 Price Calculations
07:44 TVL Growth & Cross-Chain Silver
08:23 No Recurring Fees
08:52 $DSC Coming To CEX's and DEX's
09:49 Industrial Supply Partners
10:49 Silver Yields Coming
11:38 Silver as Legal Tender Catalyst
12:45 U.S. vs Swiss Silver
14:04 Silver Price Prediction
14:55 Tokenization Increasing Silver Adoption
16:35 outro

#Crypto #Silver #gold 
~Final Silver Crash Before Tokenization Rally?🚀Denario CEO INTERVIEW🔥~
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Episode Transcript

Speaker 1 (00:00):
Let's dive into it today. Could we be seeing the
final silver crash starting to hit the market. We'll break
it down for you. Don't want to miss it. Let's
get into it quickly. Of course, I do want to
thank our sponsor and that is Tangum. Did you guys
know that you can actually hold tokenized gold within your
self custy wallet. You can do that by just jumping
over to tangum dot com. You can of course get

(00:20):
started over there. This is one of the best self
custody wallets out there when it comes to tokenized assets crypto.
Very easy to set up, three minutes, I would attest
to that, super simple and always get the three cards
set that we have a backup, very simple. Use the
link down below. It does help us out. Before we
bring on our guest today from Denario, I want to
go over to the silver chart just to give you

(00:41):
guys an insight on what's been happening. Obviously, we've been
seeing gold start to adjust. Silver down almost seven percent
right now on the daily this course. Looking at the
silver overall chart and this retlacement we believe is this
is healthy, so a potential pullback then a little bit
of a sideways bounce and then another five thousand dollar target.
This is in reference to gold, So what is this

(01:02):
going to look like for silver? Obviously we want to
learn a little bit more about that, so we asked
the Donario team to come on and I've got the CEO,
Young Hanley, who is coming in from Donario. Great to
have you.

Speaker 2 (01:14):
I thank you have for having me here. You look
at the.

Speaker 1 (01:16):
Pullback right now that we're seeing within silver, and also
just the explosion that we've seen in tokenized commodity commodities
over this last six months. Is this something that you
would anticipate as a normal process in a market like
what we're dealing with silver, because this is kind of
a new thing for silver to see these kind of numbers.

Speaker 3 (01:37):
Yeah, I mean, I think still we are in a
phase where we have multi year deficit. The mind supply
and the recycling isn't keeping up with the demand from
the industry and the investment. Actually, like a year ago,
I always promoted that we see this huge demand or

(01:58):
increase of prices, and I think what we just faced
in the last three days with some correction, as you mentioned,
it is healthy, but still I got constant costs that
people want to buy silver, so they want to buy dips.

Speaker 2 (02:15):
There are new.

Speaker 3 (02:16):
Players coming into the civil because they now see that
in the media that civil price is taking up.

Speaker 2 (02:22):
Sure.

Speaker 1 (02:22):
As far as the current state of the supply crisis,
that has been explained by analysts and a lot of
people in the silver market. We've had many guys on
our show that have talked about this for quite some time,
that this was coming and that it is now here.
The supply crisis. You look at what has happened within
the London exchanges.

Speaker 2 (02:44):
Is this real?

Speaker 1 (02:45):
Do you feel like there is still a supply crisis
going on with silver in the market.

Speaker 2 (02:50):
Yeah.

Speaker 3 (02:50):
I think we had in the past a lot of
speculators on falling silver prices, and we know that the
silver market has been manipulated in the last five six years,
so I think that was kind of coming, especially with
the industry demand. What we see with new technologies or

(03:11):
new products like the solid state batteries, let's say, more
sustainable and green tech sector coming up, and that increases demand.

Speaker 1 (03:20):
Why do you think we have not seen the tokenized
silver beyond I know Denario of course is tokenizing silver,
but beyond Denario and a handful of others. I mean,
you've got to other paso, some of the biggest suppliers
out there in terms of digital assets that have tokenized gold.
Why have we not seen this in the silver market.
What do you think it is?

Speaker 3 (03:39):
Well, first of all, the gold market way bigger. I
mean it's two hundred times bigger than silver. So silver
is still a niche although everyone knows because of civil
coins from the anciente time how it was used and
the silver ware and so forth. But still like as
an investment and as a store of value, gold is
way more prominence. So that's why we also see a

(04:02):
lot more go token projects than silver project. Everyone says,
like the volatilities is too high, so that's why they
don't want to keep silver put it in a portfolios.
Now with all the silver price increase, plus we as
a token azed silver, we are actually really focusing on

(04:22):
physical backed token. So we our token is that you
own you are the legal owner of the of the
silver on the length silver.

Speaker 1 (04:32):
Yeah, I'm looking at your website scenario dot Swiss and
you've got the mobile app, the browser wallet, even the
web three side of things where you can kind of
look at different features and advantages. First of all, how
are you guys tokenizing silver today? What's the process?

Speaker 3 (04:50):
I want to emphasize that actually we tokenize silver granulate
and not silver bars or coins, which are bank precious
metal and silver granules are classified as industry material has
a few advantages. It can not be confiscated by the
government and it's more robust against compared to bullions. We

(05:12):
store than physical first in our high security storage and
a free port, and then once we have the confirmation
that it is stored in our storage, then we tokenize
or mint our tokens. And with that here, based on
the Swiss deality law which exists since twenty twenty one,

(05:34):
it is possible that we transfer the legal ownership through token.

Speaker 2 (05:38):
So you, as a token holder, you.

Speaker 3 (05:40):
Are actually the legal owner of the underlying physical silver
and have always the claim to redeem it.

Speaker 1 (05:49):
So you can redeem physical silver. Do you guarantee delivery
if somebody wanted to redeem it?

Speaker 2 (05:55):
Sure, because it's always over collateralized.

Speaker 3 (05:59):
So we have the silver first and then mint the token,
so we have we are transparent that we have proof
of reserve as an oracle on chains and you always
can verify how much silver we have and how much
token supply it is available.

Speaker 1 (06:15):
All right, I'm looking at your site right here. This
is the correlation to DS, which is the token ied silver.
You can do this on UNI swap guys. I'll show
you this in a second, but you can see the
price right there at fifty four to eighty last refresh
right there. As we look at this and within the
blockchains that are being used, you got Polygon in there, Sonya, BnB, etc.

(06:37):
So if you want to find you can describe that
smart contract right there, stick it into us to unicewap
and be able to track this one down. But explain
how the price is calculated, because when we were looking
at this, say a comparison over here on unie swap,
doing an exact swap here, there's a slight arbitrage variance here.

(06:57):
Is that normal?

Speaker 2 (06:59):
Is? What? Why are we.

Speaker 1 (07:00):
Seeing two different things? Is it just the update?

Speaker 2 (07:02):
What's going on? Yeah?

Speaker 3 (07:04):
Actually, I mean the union we just we are in
the process of preparing to put more liquidity into the unis.
So that's why there we have a lot more very
volatility on the price because depending on the demand, we
have a TV of one point a bit more than

(07:25):
one point four million on silver so we are still
in a more rampop phase where we increase our supply
on primary market. We try to conclude by mid November
to have enough liquidity that the price also is equal
to our DC price on the website.

Speaker 1 (07:45):
Yeah, I'm looking at defai Lama right here to validate
what you're claiming here in terms of the growing TVL.

Speaker 2 (07:51):
So that's good.

Speaker 1 (07:52):
Now, are you planning to make this available on other
chains beyond Polygon B and B et cetera, like Avalanche,
et cetera.

Speaker 2 (08:01):
Actually, we are multi chain, so where we.

Speaker 3 (08:03):
See the need and demand of our token to beyond
that chain, we will deploy. So we own the process
how to tokenize the technology. We can really bridge and
deploy it on any any change. But maybe on that
question you just mentioned before on the pricing, I want

(08:24):
to also emphasize that our price has also a markup
on on the silverspop price. But unlike other let's say
gold or silver project, we don't have recurring fees. Means
for custody, insurance and management fees. There is no no
recurring and the value of the token remain stable.

Speaker 2 (08:48):
There is no slow leakage of the value.

Speaker 1 (08:52):
I see, is there plans to move d s C
onto tradable you know, centralized exchanges or on the DEXes
you know, in the future.

Speaker 2 (09:01):
Yeah, definitely.

Speaker 3 (09:02):
I mean I think everyone knows that before put it
on a secondary market, we need to have a substantial
and relevant size of TV on the primary market. And
since it is physical back, we cannot just mint tokens
one million of tokens and then put it on the exchange.

Speaker 2 (09:23):
So that's why we need.

Speaker 3 (09:25):
To have purchased like really, it's privacys that they believe
that this is the future.

Speaker 2 (09:32):
It's an innovative product.

Speaker 3 (09:34):
With that ticket size, we increase our TV and we
will also then put it on the secondary market on
central exchange. We are in constant discussions already, but I
mean it comes up for free, so that's why we
are looking for a good economic timing.

Speaker 1 (09:50):
Yeah, all right. A couple of questions first is supply.
How do you guys go out to the market to
be able to pull in supply. You're mentioning this is
industrial grade, so where are your market makers?

Speaker 3 (10:02):
Yeah, we work with a partner and precious metal partner
trading partner here in Switzerland is also one of our shareholders.
They are an established partner since more than fifteen years.
They're doing as a core business focus on silver, but
they have also gold product or a gold granary product,

(10:23):
but the main product is silver. So that's why we
work with them together and they have always an access
and also ensure that they can also redeem it but
also sell it back to the refinery. So all this
silver grinder CROM comes from recycling refineries, so it is
always high quality and four nines purity.

Speaker 1 (10:47):
Let me ask you about this because this is something
we're seeing quite a bit on in terms of yield opportunities.
This happens within the gold market quite a bit. Here's
PACSG kind of talking about this. Any opportunities where we
could see yield opportunities in DeFi for DSc coming down
the pipe.

Speaker 3 (11:03):
Yes, we did already approve of concept with collateralized borrowing
protocol and also that was also the reason that from
day one we wanted to be optimally integrated in the
defile space. So that's why we came up with no
recurry fees because especially if in lending and borrowing, it

(11:25):
is crucial that you have a stable value and always
the same amount. That's why we said Okay, we don't
have recurry fees, and it can be integrated and used
in the DeFi space.

Speaker 1 (11:38):
Yeah. Here in the US, Florida, the state we're in,
passed the law here recently where they're recognizing gold and
silver coins as legal tender where it can be used
to you know, for all sorts and people have to
be able to accept it. Do you feel like this
is going to pressure the opportunity for boosting both silver
and big and gold in general, especially if you see

(12:02):
other states starting to kind of adopt this model.

Speaker 3 (12:05):
We will see how much the impact will be on
the market and also on the civil price. But I think,
I mean, we know that silver coins how it is,
was used in the ancient time. It was the trusted
method of payment. The adoption comes especially in those countries
with high inflation, with hyper inflation. They see there is

(12:27):
a real problem there, right, and then that's a real
solution to actually a good solution to solve that. And
I think, yeah, depending a bit on the outlook of
all these countries in the emerging markets, then we will
see how much impact they will have on the civil price.

Speaker 1 (12:46):
Talk to me about the quality or the safeness of
holding the physical asset here in the US versus like
what you guys are doing there in Switzerland. Is there
a difference between US and Swiss silver.

Speaker 3 (13:01):
I mean, we saw in the last few months with
all these changes of terrorists or introducing terrorists, and then
you see that one is like on one day we
move everything from one country to the other, and so
that's definitely I think one of the impact. But I
mean Switzerland is well known as a safe and stable political,

(13:25):
stable environment. So that's also one of the reasons why
already now we hold a lot of valuable assets not
only precious matter, but our arts and so forth here
in Switzerland. For global customers, it is maybe also a
good consideration to diversify geographically your holdings, not only having

(13:47):
everything in the US but also have something here in Switzerland.

Speaker 1 (13:51):
Well, that's always a good, you know, a good strategy
diversification and also just leveraging I shouldn't say leverage, but
hedging against a lot of these volatility scenarios that play
out in these geo economic conditions that we're dealing with.
Price for silver by end of year, do you think
we're going to continue to see this upward trend here

(14:11):
or what is your anticipation.

Speaker 3 (14:13):
I think yes, I mean, the trend is definitely not
stopped yet. Every correction is healthy. But again, I mean
there are people who just waiting to enter this market
and buy silver. I'm very cautious with price codes, but

(14:33):
at some point I think we also reach a three
digit price.

Speaker 2 (14:38):
The question is when, but not only Yeah.

Speaker 1 (14:42):
Well, a lot of people looking at silver of course
as a critical one as far as the tokenization side
of thing, because this is the thing we don't understand
is why it hasn't been tokenized already and really pushed
down into the market at a scale where there's many
products like yours out there. Do you think that tokenized
silver at scale will increase adoption in terms of an

(15:04):
investment portfolio item?

Speaker 3 (15:06):
I mean in the financial traditional financial sector, we see
also this trend to tokenize everything, right, yeah, and also
precious metal or particular silver and go and silver. It
makes sense because it's big, large clumby sizes, and to
have the and tokenized version means it is physical there

(15:29):
you're the legal owner, but you keep the ownership in
a new wallet who has no other party access. So
and on top of that we can add new features
like the defied integration to turn it to a year
pairing product, but also lend your silver with just a

(15:50):
few clicks. Plus on top of that, we can add
the convenience to pay for in your daily life for
goods and services. So that's why I think organization we'll
be just an evolution of the next way for the
next phase of digitalization.

Speaker 1 (16:06):
Yeah, well, I'm looking at the token is commodity market
CAAP right now three point sixty four billion. Interesting here
is the Ethereum activity, but even the Plume network. I
know you guys are on a bmb's slight, but this
is the growth that we're seeing in terms of total
active addresses out there within it nineteen thousand active addresses,
one hundred and fifty two thousand holders, which is up

(16:29):
six for almost seven percent from just thirty days ago.
So maybe that is an indicator here of more activity
coming in Jong Haun. It's been great having you on
the show. Thank you so much for coming in today.
We appreciate it.

Speaker 2 (16:42):
Thank you very much. Paul.

Speaker 1 (16:43):
You bet all right, You guys, make sure we're going
to be covering a little bit more around some of
these precious metals products because they do have correlation to
what's going on in the broader market, especially when it
comes to crypto and in general, bitcoin, ethereum, et cetera.
Make sure and jump into the Diamond Circle. That's a
place where you can additional content from us. We leave
a link down below. Catch me out there on X
at Paul Baron. We'll catch you next time right here

(17:06):
on The Paul Baron Show.