bhutan's TER token launches december 17 on solana. sovereign gold-backed at 0.1g per token. expect 15% discount at launch but here's the setup: 10,000 TER minimum lets you redeem physical gold at spot minus 1% fees. that's 14% locked profit if you can aggregate the size. first sovereign nation tokenizing national reserves and they overcapitalized liquidity pools with $20m. discount closes when arbitrageurs figure out the redemption mechanics work ...