Introduction
Bringing Gold back to the future
Last updated
Bringing Gold back to the future
Last updated
Decentralised finance (DeFi) is an emerging industry that promises to revolutionize the traditional finance sector. The need for an open, transparent, and secure financial system is the key driver behind the decentralised finance vs. traditional finance debate, so it does not come as a surprise that decentralised finance is slowly emerging as an alternative to today’s financial system.
The world of DeFi is actively developing. More and more people are showing an interest in decentralised finance — just look at the number of new startups, ecosystems and conferences. Countries are even beginning to implement cryptocurrencies as legal tender.
This new technology is unknown, engaging, and promising, but the most important reason for its rise in popularity is people looking for alternative ways to earn money (preferably remotely, with minimum effort), and store value.
Using DeFi is currently very complicated for inexperienced users due to the lack of a refined User Experience. Users need to understand how multiple blockchains work, which tokens are on which chains, where and how their yields are generated, etc.
As time goes on, this issue is being remedied. Bridges have become popular for moving assets across different chains, and in the future, users won’t know or care what blockchain they are using.
It’s time for cross-chain: a technology that the crypto market has been missing, until now.
Gold Standard DAO is one of the first automatic DeFi cross-chain yield aggregators to earn optimal profits on different blockchains and pay earnings in tokenized, vaulted, audited, insured, and verifiable gold bullion.
Gold Standard DAO is a cross-currency, cross-chain, yield optimization platform.. (yea.. it's a mouthful for us too).
The platform does something that is a first for the industry; interest rates are paid out in a new stable coin backed and pegged by gold. (AUX). Users can redeem AUX for the physical asset (gold), and have it sent to their chosen location.
Launching on EVM chains, beginning with Avalanche. (low fees).
Are you still with us?... you may be onto something here ;) Continue reading to find more gold.
We've put together some helpful guides for you to get setup with our product quickly and easily.