CACHE Gold Fees

The CACHE Gold token fees:

  1. Storage fee – CACHE Gold charges 0.25% (25 basis points) per annum to cover the cost of insured, audited storage in accredited partner vaults. Please see the detailed fee guide for more information.
  2. Redemption fee – CACHE charges a 1% (100 basis points) fee to redeem CGT tokens for physical gold. For pickup orders, there is a 1 CGT minimum redemption fee.
  3. Transfer in fee – CACHE charges a 1% (100 basis points) fee to transfer your bullion to CACHE.

To simplify the usage of CACHE Gold tokens we waived our 0.1% (10 basis point) transfer fee for transfers of CGT from one address to another until January 1, 2023.

For any address that does not transact for three or more years, the storage fee is replaced by a 0.50% (50 basis point) per annum inactivity fee based upon the snapshot balance as of the date of inactivity. Inactive addresses become active addresses upon transferring any number of tokens to any other address or by the paying outstanding storage fees. For more detailed technical information about CACHE Gold fees and how they work, please see the CACHE Gold smart contract documentation.

Delivery Fees

Depending on the redemption option chosen, there may be additional fees charged by the delivering vault such as a pickup fee and or insured shipping charges if you choose to have your gold shipped from the vault.

NOTICE OF COMPULSORY CGT TOKEN REDEMPTION

Date of Publication: 20 June 2025

Compulsory Redemption Date: 30 September 2025, 23:59:59 (Singapore Time)

CACHE is winding down its operations and will implement a compulsory redemption process in relation to all outstanding CACHE Gold Tokens (CGT). Please see the CACHE Terms of Service (the “TOS”) for more information on this compulsory redemption process, which may be found at https://cache.gold/terms-of-service. Capitalised terms in this notice shall have the meanings ascribed to them in the TOS. This notice should therefore be read in conjunction with the TOS.

The Compulsory Redemption Date is set for 30 September 2025 (Singapore Time). On that date:

  1. CGT tokens will cease to be backed by gold and will no longer be recognized, honored, or redeemable by CACHE. While CGT tokens may technically remains on the Ethereum blockchain, they will have no further utility, value, or backing.
  2. Subject to eligibility (please refer to the TOS for more information thereon), Pax Gold (PAXG) tokens will be distributed via an airdrop (a blockchain-based transfer that requires no action from you) in exchange for your CGT held in an Ethereum Wallet as at the Snapshot Time (not after). Each PAXG token represents 1 troy ounce of fine gold stored in LBMA-accredited vaults in London and issued by Paxos Trust Company.

The airdrop of PAXG tokens will be based on CGT balances recorded in the last Ethereum block mined prior to 30 September 2025, 23:59:59 Singapore Time (the “Snapshot Block”) (and the time at which the last Snapshot Block was mined being the “Snapshot Time”).

Each eligible Ethereum Wallet will receive:

Number of CGT tokens held in such Ethereum Wallet ÷ 31.1034768 (rounded down to the nearest 0.00000001 PAXG or 8 decimal places)

This conversion reflects that each CGT represents 1 gram of fine gold, and each PAXG represents 1 troy ounce (31.1034768 grams). No fiat or market price valuation will apply.

If you prefer to redeem your CGT manually (e.g., for physical gold or fiat), you may do so through the CACHE website no later than 26 September 2025, 23:59:59 Singapore Time.

By continuing to hold CGT, you are deemed to have (A) accepted the terms of the compulsory redemption process as set out in Clause 5A of our TOS, (B) accepted that all your rights in connection with the CGT held by you shall be extinguished upon the Compulsory Redemption Date, (C) agreed that, where eligible, the Compulsory Redemption Tokens airdropped into your Ethereum Wallet shall be in full and final settlement of your CGT tokens compulsorily redeemed, and (D) waived any right to further redemption, refund, or legal claim against CACHE following the Compulsory Redemption Date.


For assistance, please contact [email protected].


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