About Gold Standard DAO
The Gold Standard DAO is a decentralized application built on EVMs (Ethereum Virtual Machines).
The platform is designed to manage yield aggregation on multiple stablecoins (cross-currency) and multiple EVM networks. It is a one stop stake for stablecoins like USDC, paying the most optimized interest rates in tokenized, vaulted, audited, insured, and verifiable gold bullion. Gold Standard DAO allows users to easily farm on multiple chains. Users deposit their liquidity into the platform, which then performs operations that the user would normally do manually.
Gold Standard DAO has incorporated protocols like Homora v2, BenQi, Beefy, etc. with specific liquidity pairs that are monitored.
If a user deposits, for example, some USDC into Gold Standard DAO, he deposits it in one place, and doesn’t need to worry about anything else.
The user doesn’t have to choose which blockchains to farm on or look for good yield, our protocol does it all for him. By aggregating multiple blockchains, the platform finds the best place to put liquidity to generate optimal profitability. If the yield falls by X%, liquidity is moved to another location that is more suitable. The platform also switches between different USD stablecoins like USDC, USDT & DAI. This is just one example of Gold Standard DAO’s functionality, and more complex strategies with various risk levels and returns will be added in the future.
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