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WuSaidBlockchainW

Wu Shuo learned that the Unitas Labs yield-bearing stablecoin protocol announced that its yield-bearing gold asset xGLD will go live on June 3, backed by Tether Gold (XAUt), and will generate yield through Unitas strategies. Previously, in March, Unitas Labs announced the completion of a $13.33 million seed round, with participation from Awaken Finance, Amber Group, and others.

XAUT-0.77%
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Wax-SealedPrivateKey
· 2h ago
Wait until it goes live to see the actual returns; no matter how good the PPT looks, data is more reliable.
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FeeTaker
· 4h ago
Seed round 13.33 million, this number is a bit impressive
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ExitLiquidityBuddy
· 4h ago
Awaken and Amber have both invested, and the institutional endorsement is decent.
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L2ArbitrageYoungster
· 4h ago
June 3 launch—let’s observe the APY first.
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Can'tSleepWithoutSigningThe
· 4h ago
Yield-generating gold, finally no longer just watching the rise and fall of gold prices
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BittersweetArb
· 4h ago
Tether Gold + Unitas Strategy: Double-Layer “Nested Doll” Risk Assessment
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PeonyMemo
· 4h ago
The name xGLD is easy to confuse with GLD; you might want to think of a different name.
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GoldfishUnderTheIce
· 4h ago
13.33 million seed rounds, only now releasing the product, the pace is quite steady.
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NonceNinja
· 4h ago
XAUt as collateral, where does the yield come from? Strategy transparency needs to keep up.
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YieldFarmLibrarian
· 4h ago
Gold can also generate interest now; this design is quite interesting.
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