# Dominion

> Physical silver, on-chain

Dominion is a company that issues SILV, a token backed one to one by physical silver. It lets users gain vaulted silver exposure with continuous liquidity on Solana.

Dominion is a company that issues tokenized silver on Solana, providing digital exposure to physical metal held in allocated vault custody. Its flagship product, SILV, represents a fixed unit of physical silver per token and is designed for continuous trading rather than the limited-hours access typical of physical bullion markets. The offering targets holders seeking metal-backed exposure alongside on-chain liquidity and usability.

The company positions its token as an alternative to idle physical holdings, which cannot be traded outside market hours or used as collateral. Each token is intended to correspond to an allocated, serialized unit of silver rather than pooled metal, and the company publishes custody and audit documentation to support this claim. Reserves are held with regulated custodians, and reporting on holdings is published periodically alongside a rolling on-chain attestation process.

Beyond issuance, the token is structured for use across decentralized finance, including as collateral for lending and as a liquidity asset on decentralized exchanges. Physical redemption for token holders is planned to open within the months following launch, subject to jurisdictional eligibility. The platform is live, with direct minting currently restricted in certain jurisdictions pending regulatory clarity.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2025-12-01
- Profile: https://thegrid.id/profiles/dominion

## Products

- [Dominion SILV](https://thegrid.id/profiles/dominion): Dominion SILV is a tokenized commodity product that provides on-chain exposure to allocated physical silver. Each token represents one troy ounce of investment-grade silver held in independently audited vault custody, minted and burned in step with vault inventory. Users mint tokens directly with stablecoins or a native asset, trade them continuously on decentralized exchanges, and use them as collateral or liquidity in decentralized finance applications. Physical redemption for holders meeting a minimum threshold is being rolled out following launch. (RWA Tokenisation Platform, Live, Main Product)

## Assets

- [SILV (SILV)](https://thegrid.id/profiles/dominion): SILV is a Solana token issued by Dominion Market that represents allocated physical silver held in vault custody. Each token corresponds to one troy ounce of silver, priced to spot with a single mint fee, and it can be transferred, traded, or used as collateral in decentralized finance applications. It is designed to be redeemable for physical metal once physical redemption opens, tying its value directly to audited vault reserves. (Stablecoin)

## Links

- [Main](https://dominion.market)
- [Documentation](https://dominion.market/docs)
- [Whitepaper](https://dominion.market/whitepaper.html)
- [Terms of Service](https://dominion.market/docs/terms)
- [Privacy policy](https://dominion.market/docs/privacy)
- [Blog](https://dominion.market/blog)
- [Twitter / X](https://x.com/Dominion_Market)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP