Dominion Silver (SILV)
Research and shelf status are on the memo: Dominion Silver (SILV) Adverse research finding
Who may buy, hold, transfer, and redeem
Each answer rests on the issuer’s own words, quoted from the document named under it. Ketju re-reads each document and records whether the words are still there. Where the documents say nothing, the row says so.
- What the holder owns
Economic exposure to the silver price, backed by a reserve Dominion controls; the holder owns no bar and no ounce.
“It does not grant legal title to, or ownership of, any specific bar or individually identified ounce of silver.”
Dominion: SILV Whitepaper v1.0 · 04 / Backing & reserves, Important: what you hold · words found 2026-09-23
- What the holder owns
The reserve silver is held under a lease whose lessor and terms are withheld.
“Silver Lease Agreement dated 25 June 2026.”
Dominion: dominion.market site script (terms of service, reserve library, governance statement) · Reserve page, sources line · words found 2026-09-23
- Who may hold it
Anyone may hold SILV on chain, but Dominion does not sell it directly to persons in the United States, the UK, the EU and EEA, or Canada.
“SILV is not offered for direct public minting to persons in the United States, United Kingdom, European Union and EEA, or Canada.”
Dominion: SILV Whitepaper v1.0 · Disclaimer · words found 2026-09-23
- First purchase minimum
Dominion states no minimum to mint or hold; physical redemption, once open, starts at 5,000 troy ounces.
Not stated in Dominion: SILV Whitepaper v1.0, Dominion: dominion.market site script (terms of service, reserve library, governance statement).
- Who it may be transferred to
Freely, as a Solana token, unless Dominion freezes the account or moves the tokens with its permanent delegate.
“A standard Solana token, held in any compatible wallet and sent like any other token”
Dominion: SILV Whitepaper v1.0 · 03 / How SILV works, Transferability · words found 2026-09-23
- How a holder redeems
Cash at spot less 1.5%, paid in stablecoin; physical redemption is promised but not yet open.
“SILV can be redeemed for its cash value at the prevailing silver price, subject to a 1.5% cash redemption fee.”
Dominion: SILV Whitepaper v1.0 · 06 / Redemption · words found 2026-09-23
- What the issuer says it can freeze or take back
Dominion’s compliance keys can freeze any SILV account and move or burn SILV from it without the holder’s consent.
“Dominion holds the freeze authority and a Token-2022 permanent delegate on the SILV mint.”
Dominion: dominion.market site script (terms of service, reserve library, governance statement) · Reserve library, Token controls and holder risks · words found 2026-09-23
| Fact | What the file records |
|---|---|
| Who onboards the holder | issuer |
| Voting rights | None |
| Distributions | None |
| SIPC coverage of the wallet | No |
Who can change the record
Powers read from the deployed contracts and their verified source: the token and every contract it consults on transfer. A power recorded here is the issuer’s ability, not evidence it has been used.
| Chain | Freeze a holder | Pause | Claw back | Gate holders | Change the code | Keys held by |
|---|---|---|---|---|---|---|
| Solana | Yes | No | Yes | No | No | An account only a program can sign for can freeze a holder and claw back tokens. |
Who holds the keys
Every current holder of each power, read from the chain on 2026-09-23. A single key is one private key: whoever holds it acts alone. A multisig needs the stated number of signers. A timelock makes every action wait, so holders can see it coming.
| Chain | Key | What it can do | Held by | Address |
|---|---|---|---|---|
| Solana | Mint authority | mint new tokens | an account only a program can sign for | 6FtT3C…8chR |
| Solana | Freeze authority | freeze a holder | an account only a program can sign for | FqFNXC…vzZ3 |
| Solana | Permanent delegate | claw back tokens | an account only a program can sign for | FqFNXC…vzZ3 |
Solana: 3 contract reads at block 449804769, 0 functions in verified source, 2026-09-23
- mintAuthority=6FtT3CBaXVArhd2C4egCsQb1f1NF3FAfA6xhXJXD8chR
- freezeAuthority=FqFNXCMeEYUD64tLPhvVzBAnovfYBAGsU8d6qdLnvzZ3
- permanentDelegate=FqFNXCMeEYUD64tLPhvVzBAnovfYBAGsU8d6qdLnvzZ3
Where it trades
| Venue | Kind |
|---|---|
| Dominion (dominion.market): minting outside restricted jurisdictions, and cash redemption | issuer primary |
| Solana DEXs Dominion lists: Orca, Raydium, and Sunrise | dex |
How it exits
| Path | Settlement | Fee | Settles in |
|---|---|---|---|
| Redeem with the issuer in its window | A holder redeems SILV with Dominion for its cash value at the silver spot price less a 1.5% fee and is paid in stablecoin in a single transaction. The terms allow redemption to be delayed, suspended, or made conditional on identity checks. | 150 bps | USDC |
| Redeem in kind | Not yet open. Dominion says physical redemption opens three to six months after launch, with a minimum of 5,000 troy ounces, through a process and fee it has not published. | XAG (bars, when opened) | |
| Secondary market only; no issuer redemption | Holders sell on Solana DEXs Dominion lists, among them Orca, Raydium, and Sunrise. | USDC, SOL |
- The freeze authority and permanent delegate FqFNXCMeEYUD64tLPhvVzBAnovfYBAGsU8d6qdLnvzZ3 or the mint authority 6FtT3CBaXVArhd2C4egCsQb1f1NF3FAfA6xhXJXD8chR changes, or a transfer hook or default-frozen state is added to the mint
- Dominion freezes, moves, or burns SILV from a holder’s account with the permanent delegate
- Supply passes the 150,000 fine ounces on the 4 August 2026 bar list without a new signed bar list
- Dominion publishes the on-chain reserve attestation, the first quarterly attestation (promised for Q4 2026), the lease terms, or the Token Control Policy
- Physical redemption opens, or its 5,000 oz minimum or the 1.5% cash redemption fee changes
- Dominion moves the upgrade authority off the signer set that holds the operations vault, as its governance statement says it will
What the monitor reads daily
Every control function in the table above and the contracts the token consults on transfer; the token’s on-chain supply against yesterday’s; and its market quote against yesterday’s quote. Every document quoted above is re-read too, and a quote that leaves its document reopens the file. A change opens a review item in the governance queue and reopens the file before any client action.
Sources
- Dominion: SILV Whitepaper v1.0 · primary · accessed 2026-09-23
Supports: one token, one troy ounce, economic exposure, no legal title to any bar, cash redemption at 1.5%, physical redemption from 5,000 oz within 3 to 6 months, not offered for direct minting in the US, UK, EU/EEA, or Canada - Dominion: dominion.market site script (terms of service, reserve library, governance statement) · primary · accessed 2026-09-23
Supports: Dominion Market LLC, Próspera ZEDE, freeze authority and permanent delegate held by the compliance keys, two 3-of-5 multisig vaults over the same signers and a 24-hour timelock, allocated bar list of 150 bars signed 4 August 2026, Silver Lease Agreement dated 25 June 2026, Bureau Veritas vault audit dated 18 June 2026, treasury minimum float set to zero - Dominion: llms.txt summary · primary · accessed 2026-09-23
Supports: backed 1:1 by physical silver in allocated US vault custody, 0.05% mint fee - Solscan: SILV mint · primary · accessed 2026-09-23
Supports: Token-2022 mint with permanent delegate, supply 93,509.416437 SILV on 2026-09-23