GOLDX-GOLDxDetailed Description

GOLDX-GOLDx Detailed Description

GOLDx is the first gold token developed by dForce based on the open gold protocol. GOLDx is a gold token with 100% component currency reserves. Currently, only one component currency, PAXG, is anchored. In the future, we will add more gold tokens as the underlying reserve assets. PAXG, the constituent currency of GOLDx gold tokens, is regulated by the New York Stock Exchange, and the bottom layer is 100% anchored to the London Gold Delivery Gold certified by the London Bullion Market Association.