Our Vision
Solving the problem
Last updated
Solving the problem
Last updated
Users who utilise yield farming services look for DApps on different blockchains that provide the highest returns. As a rule, such users have a complex farming system built: they look for pools on other blockchains, build the most optimal strategies algorithmically, constantly monitor the state of the crypto market, and transfer their liquidity when they discover a better location.
Inexperienced users are generally afraid of the words such as blockchain, DeFi, and token. These users need a simple and affordable solution that will introduce them to decentralised finance.
Farming was originally conceived as a passive income, however, with the advent of a large number of blockchains, platforms and various strategies, all this has become routine work. User is actively involved in tracking trends on different blockchains, determines the strategies, and calculates the risks. All this takes time — the most valuable resource in the world. We want to make DeFi easy again.
Seasoned gold buyers understand the profit potential behind the precious metal. When it comes to safeguarding their hard-earned wealth, their cash may be better off in gold, not paper money, for the following reasons:
Gold could be far more efficient than cash at storing wealth. Interest rates remain low, meaning that your money in the bank “earns virtually nothing”. When you account for inflation, that cash may have actually lost value.
Gold is recognized as having a long-term record of stability. The U.S. has had a completely paper-based currency for 45 years, while gold has been a medium of global exchange for more than 5,000 years. “What people look for is something that’s an insurance policy, an asset that holds its value in times of trouble,” says Avinash Persaud, senior fellow at the Peterson Institute for International Economics. “You don’t want uncertain reserve assets.” With a track record of more than 5,000 years, gold could be the opposite of “uncertain.”
Gold is not a fiat currency. Fiat currencies derive their worth from the issuing government. Unlike paper money, gold cannot be expanded to suit the needs of struggling central banks. Due to its inherent scarcity, gold will always be supported.
This precious metal has maintained its purchasing power over long periods of time, unlike all of the fiat paper currencies that have been introduced over the years, reports Forbes’ Michael Roney.
The Gold Standard DAO introduces gold to DeFi by paying earnings from USD in gold. This is the beginning of building a gold DeFi ecosystem.
DeFi systems normally do not deal with any tokens that are backed by physical assets. Crypto tokens are virtual and have a virtual value proposition. We are introducing the solution where your DeFi yield is backed by a physical asset. Not just any physical asset though. Gold. Real vaulted, audited, insured and verifiable Gold Bullion.