Token Details
- Token nameINRY Token
- SymbolINRY
- Peg1 INRY = ₹1.00
- NetworksBNB Smart Chain (BEP-20)
Reserve mix
Reserve accounts are segregated, insured, and monitored 24/7 by independent auditors. Daily attestation reports are published on-chain.
Elastic mint & burn with strict controls
Minting
INR deposits via UPI/NEFT or escrow banks trigger smart contracts to mint an equivalent amount of INRY. Tokens only enter circulation after reserves settle.
Burning
When INR is redeemed back to bank accounts, the redeemed INRY is automatically burned, ensuring supply always tracks reserves.
Auto-rebalancing
Reserve ratios are monitored in real time with automated alerts and circuit breakers that pause minting if collateral thresholds dip.
Audit cadence
Layered verification
- Daily automated attestations published on-chain
- Weekly proof-of-reserve snapshots via independent oracle providers
- Quarterly audits by CertiK and SlowMist
- Annual regulatory filings with Indian authorities
Risk controls
Multi-layer protection
- Segregated reserve accounts with top-tier Indian banks
- Insurance coverage for custodial assets
- Multi-sig treasury operations and policy-based access
- On-chain circuit breakers and emergency pause controls
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