Complete Visibility
Into How We Operate
AUDF operates on the principle that trust is earned through transparency — not claimed through marketing. This page documents the operational, security, and financial policies that govern the AUDF platform.
Fully Backed by Australian Dollar Reserves
AUDF is fully backed by Australian Dollar reserves held with regulated financial institutions. No speculative or fractional issuance is permitted under any circumstances.
Each AUDF issued corresponds to an equivalent amount of AUD held in reserve. Issuance occurs only after verified AUD deposit confirmation — never before.
Verified Reserve Reports
Every month, we publish a reserves report confirming the 1:1 AUD backing of all AUDF in circulation. Select a year to browse all available reports.
Reserves reports are published monthly and confirm the 1:1 AUD backing of all AUDF tokens in circulation. Reports are prepared by the AUDF operations team and are available for public review.
Our Transparency Principles
Transaction Lifecycle Visibility
Every mint, redemption, and withdrawal request has a defined state lifecycle. Users can track exactly where their transaction stands at any point in time. No opaque processing.
Documented Policies
Our operational policies — including minting rules, redemption timelines, and withdrawal requirements — are documented and accessible. We do not operate through undisclosed discretion.
Audit Trails
Every system action is logged with a timestamp and an actor reference. This creates a tamper-evident record of all activity — accessible to the AUDF operations team and, where applicable, to users.
Identity-Gated Transactions
No transaction capability is enabled until identity verification (KYC) is fully completed. This is a structural control, not a policy guideline — it is enforced at the platform architecture level.
Security by Architecture
Security controls — including 2FA, wallet whitelisting, and withdrawal delays — are embedded into the system design. They cannot be bypassed through account settings or user preference.
AUD Backing
Every AUDF token represents one Australian Dollar held in reserve. AUDF is not algorithmic, fractional, or speculative. Issuance is strictly tied to verified AUD deposits.
Frequently Asked Questions
What is AUDF backed by?
Every AUDF is backed 1:1 by Australian Dollars held in reserve. Issuance occurs only after verified AUD deposit confirmation.
How does AUDF handle identity verification?
Identity verification is mandatory for all users before any transaction capability is enabled. We use Shufti Pro, an integrated third-party KYC provider, to perform document verification and liveness checks.
Can I withdraw AUDF to any wallet?
No. Withdrawals are restricted to pre-approved, whitelisted wallet addresses. New wallet registrations are subject to a mandatory activation delay before they can receive funds.
Who reviews transaction requests?
All mint, redeem, and withdrawal requests go through a structured approval workflow. The AUDF operations team reviews and approves or rejects requests before funds move.
Is AUDF a cryptocurrency?
AUDF is not a speculative cryptocurrency. It is a stable digital representation of the Australian Dollar, designed for predictable value and structured operational use.
What happens if my KYC is rejected?
If your identity verification is unsuccessful, you will be notified with the reason. You may be able to resubmit documentation depending on the rejection type. Transaction capability remains locked until verification is approved.
Have a specific transparency or compliance question?
Contact Our Team