A transparent unit of account that expresses SOST in a fixed weight of gold — the same idea that anchored the dollar at Bretton Woods, adapted honestly for an experimental protocol. It is a reference, not a price you are promised. Initially, SOST is referenced to this fixed weight of gold; once it trades, the market will set its price.
SOST proposes the 0.8886707657 mg gold reference as its initial price for a first centralized-exchange listing. It is a proposal, not a guarantee: the price that actually applies depends on the exchange and on the real orders and liquidity available at listing. Once SOST is listed and trades, the market sets the price freely by supply and demand — it may move entirely away from this reference. This is an indicative reference, not our own live sell offer.
In 1944, the Bretton Woods agreement set an official parity of 35 USD per troy ounce of gold (a troy ounce = 31.1034768 g), so one dollar corresponded to about 0.888671 g of gold. It was a system of official convertibility and fixed exchange rates, not merely a reference chart: foreign monetary authorities could convert dollars into gold at that parity. That official gold convertibility for foreign central banks was suspended in 1971 (the “Nixon shock”), ending the system.
SOST takes that historical figure only as a unit definition: one SOST is referenced to 0.8886707657 mg of fine gold — exactly one-thousandth of the gold content of a 1944 Bretton Woods dollar (0.888671 g / 1000). The reference then rises and falls with the live gold price, in plain sight. What SOST does not do is claim gold convertibility, a reserve you can redeem, or that a declared number is a market price. It borrows the arithmetic of Bretton Woods, not its promises.
A market price cannot be fixed by declaration. It can only follow gold if a real mechanism forces it to. Here are the three honest options, and why SOST uses the third.
| Model | What it requires | Fit for SOST |
|---|---|---|
| Gold stablecoin (e.g. PAXG) | 1 token = physical gold in a vault, fully redeemable | × Heavy custody & regulatory burden |
| Algorithmic peg | Mint/burn arbitrage against real collateral; without it, it collapses (Terra/UST) | × Unbacked pegs fail |
| Reference + fractional reserve | A transparent gold oracle plus a real, growing reserve behind the coin | ✓ This is SOST |
An earlier version of this page referenced 1 SOST to 1.14 mg of gold. That figure is historical and no longer used in any calculation. The current reference is 0.8886707657 mg — one-thousandth of the gold content of a 1944 Bretton Woods dollar (35 USD / troy ounce). The change affects only this informational reference; it does not alter SOST supply, consensus, ConvergenceX, DTD, Jackpot or the Gold Vault.
SOST is experimental software. The gold reference on this page is provided for information and transparency only. It is not a peg, not a guarantee of value or return, not redeemable for gold, and not an offer, solicitation, or recommendation to buy or sell any asset. SOST is not a company and this is not a security. The market price of SOST, if and when it trades, is determined solely by supply and demand and may differ materially from any reference shown here. Gold data: XAU/USD spot, month-end. Nothing here is financial, legal, or tax advice. Do your own research.