Transparency & Trust
Built on openness and verifiability
Last updated: 09/02/2026, 23:05:07
Total BGNC Supply
0 BGNC
Across all chains
EURC Reserves
0 EURC
100% backed
Collateralization Status
100.00%Every BGNC is fully backed by EURC reserves
Multi-Chain Distribution
Transparency Principles
Smart Contracts
All contracts are open-source and verified on block explorers
All contract addresses are verified on their respective block
explorers. View the multi-chain distribution section above for
details.
Reserves
Every BGNC is backed by EURC and redeemable anytime
Real-time reserve data is fetched directly from the blockchain
and updated every 60 seconds.
Fee Structure
0.1% fee on mint and redeem operations, used for project maintenance
Mint Fee 0.1%
Burn Fee 0.1%
Example: Converting 1000 EURC to BGNC
Input amount: 1000 EURC
Fee (0.1%): 1 EURC
You receive: 1953.87 BGNC
Security & Audits
The contracts are verfiable on the block explorers and are fully open-source
Contract Verification
✓ Verified
All contracts verified on block explorers
Open Source
✓ Public
Full source code available for review
Technical Specifications
Exchange Rate
1 EURC = 1.95583 BGNC
Fixed rate mirroring the official BGN to EUR exchange rate
How It Works
- 1 Deposit EURC
Users deposit EURC (minimum 1 EURC) to the Vault contract on their chosen network
- 2 Mint BGNC
BGNC is minted at the rate of 1.95583 BGNC per EURC, minus 0.1% fee
- 3 Redeem EURC
Return BGNC (minimum 1 BGNC) to receive EURC back, minus 0.1% fee