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Token Architecture

ORO uses a dual-token system to separate stable gold exposure (GOLD) from yield-generating exposure (stGold), giving users flexible ways to participate in tokenized gold markets.

GOLD: 1:1 Tokenized Gold

GOLD is a token fully backed by physical, redeemable gold held in secure third-party vaults. Each token represents one gram of gold and can be minted or redeemed through the ORO platform.

Key properties:

  • 1:1 backed and redeemable for physical gold

  • Minted with stablecoins (e.g., USDC)

  • Redeemable at any time (subject to minimums)

  • Composable with DeFi and fintech apps

stGold: Yield-Bearing Gold (12-Month Lockup)

stGold represents GOLD that is leased out to institutional borrowers, generating yield for holders. By converting GOLD into stGold, users participate in a fixed-term leasing pool.

Key properties:

  • 1:1 backed by leased gold

  • Subject to a 12-month lockup (initial version)

    Shorter-term products coming soon

  • Yield is accrued monthly in GOLD

  • Users must claim accrued yield manually via the ORO dApp

  • Convertible back to GOLD after the lockup period

Token Flow: GOLD ↔ stGold

  1. Mint

    • Deposit USDC → Receive GOLD
  2. Stake

    • Lock GOLD → Receive stGold

    • 12-month lockup begins

  3. Accrue & Claim Yield

    • Monthly yield accumulates in GOLD

    • Claim it anytime from the ORO dApp

  4. Unlock & Convert

    • After 12 months, convert stGold back to GOLD

    • Optional: redeem GOLD for physical delivery