Economy

Wulthrung: The Dwarven Banking Clans
With the rise of banks came the Wulthrung, the Dwarven Banking Clans. These clans backed the currencies of the world’s governments. As a neutral organization, the Wulthrung backed and minted the vast majority of the world’s currencies in forms and denominations unique to the various countries. This backing gave stability and allowed great wealth to flow into the coffers of the Wulthrung.

Rise of the Ducat
After centuries of use, the lack of standardized minting became too expensive and burdensome for the Wulthrung to maintain. With vast economic expansion across the world was simply too great for the Wulthrung to maintain minting at a rate to keep up. Thus, they searched for a new standardized medium of exchange, leading them to banknotes known as Ducats and Trade Bars.

Ducat banknotes, known as bluebacks or Notes are pegged at the value that 1 copper. Being commodity-backed, and representative, meaning that 1 Ducat is equal to 1 Ducat’s value in silver, gold or platinum, granted scalability and flexibility, transforming the financial markets.

The Ducat comes in several denominations. Coins come in one denomination that that is 1. Banknotes come in 100Ⰱ, 1,000Ⰱ, 10,000Ⰱ and 100,000Ⰱ (Currency Symbol Represented by the Glagolitic capital letter buky).

The weight of a Ducat Note and Coin are both 1g and are about the size of the real world United States dollar bill and nickel respectively. Therefore, the weight of 500 coins or bills is equal to half a kilogram.

Tradebars
The Tradebar is a rectangular, flat bar made of silver, gold or platinum. Each bar is weighs one pound making it much more manageable in the use of trading and investing.
 * Silver Tradebars are worth 10,000Ⰱ
 * Gold Tradebars are worth 50,000Ⰱ
 * Platinum Tradebars are worth 500,000Ⰱ

Ingot Bars
These large rectangular bars typically used between governments and large banking institutions, these ingot bar weigh 20lbs and are made from silver, gold or platinum.
 * Silver Ingot Bars are worth 250,000Ⰱ
 * Gold Ingot Bars are worth 1,000,000Ⰱ
 * Platinum Ingot are worth 10,000,000Ⰱ