Gold that finally pays you to hold it.

GOLD-STRC is a tokenized claim on real gold that pays monthly dividends, target yield 10% a year, denominated in gold. No manager. No admin. No off switch.

Launch app → Read the whitepaper

Fig. 1. The assay seal.
Backing / obligation, verified live on-chain:

Current yield

9.84%

APY, paid in PAXG

Total backing

2,847 oz

Au, ≈ $7.12M

In circulation

71,200

GSTRC tokens

Dividends YTD

$214,531

distributed to holders

A new instrument
for an old asset.

Gold has preserved wealth for five thousand years, yet it has never paid you to hold it. A bar in a vault earns nothing; an ETF like GLD or IAU charges a fee and yields zero. GOLD-STRC changes the economics, each token is a claim on real, tokenized gold that pays a monthly dividend, targeting roughly 10% a year, denominated in gold itself.

Unlike an algorithmic stablecoin, it is not an equation that promises a peg and breaks under stress. It is backed one-to-one by PAXG, the regulated, gold-redeemable token from Paxos, held transparently inside the protocol contract. The yield comes from real strategies on a real asset, never from minting more of itself.

And unlike a fund, there is no manager to trust. The rules live in immutable smart contracts. No one can pause redemptions, rewrite the dividend, or move the gold. What you verify on-chain today governs the protocol tomorrow.

Three steps,
no intermediaries.

Deposit gold, earn dividends, redeem whenever you choose. Every step settles directly on-chain, there is no desk to call and no business hours to wait for.

Deposit PAXG

Mint GSTRC at $100 par. Your gold is held 1:1 in the protocol contract, transparently on-chain, never rehypothecated, never off the balance sheet.

Earn dividends

The protocol earns yield through gold lending, automated options strategies, and conservative carry. Paid to you in PAXG every month, claimable anytime.

Redeem anytime

Burn GSTRC, receive PAXG at current NAV. No lockups, no exit fees, no minimum hold period, settlement is instant and permissionless.

Smart contracts are immutable, no party can change these rules after deployment.

Gold exposure,
without the trade-offs.

Most gold instruments make you choose between yield, custody transparency, and permissionless access. GOLD-STRC declines the choice.

	GOLD-STRC	SPDR Gold (GLD)	PAXG	XAUT (Tether Gold)
Backed by	Gold	Gold	Gold	Gold
Yield	~10% APY	0%	0%	0%
Custody	On-chain transparent	Trust custodian	Paxos custody	Tether custody
Redemption	Permissionless, 24/7	AP-only, business hrs	Permissioned, 24/7	Permissioned, high minimum
Admin / upgrade	None	Sponsor (State Street)	Paxos can pause	Tether can freeze
Settlement	Instant on-chain	T+2	Instant on-chain	Instant on-chain

XAUT (Tether Gold) is backed by physical gold but pays no yield, and physical redemption carries a high minimum. Comparison reflects standard issuer terms as of publication.

Trust, but verify

Verifiable, in one click.

Trust should never be required. Every figure on this page can be checked against the chain yourself, by anyone, at any time.

Backing ratio, 100.02%

Actual PAXG held versus tokens in circulation, computed live from the contract. The protocol is over-collateralized at all times.

Verify on Etherscan →

Deployer self-destructed

The contract that deployed GOLD-STRC was destroyed in the same transaction. No admin keys exist, not with the team, not with anyone.

View deploy tx →

Engineered
to last.

The yield is not magic, and it is not leverage in disguise. It is a disciplined treasury strategy, run by code and visible to all.

The yield comes from four conservative sources working in concert. The protocol lends its PAXG into vetted DeFi markets at modest, over-collateralized rates. It writes automated covered calls on gold options, harvesting premium in exchange for capping upside above the strike. It runs a measured carry trade between spot and forward gold. And it captures the spread whenever new tokens are issued above par.

Par-stability is parametric. The protocol continuously compares the market price of GSTRC against its $100 par target and adjusts the dividend rate accordingly, lifting distributions when the token trades below par to draw buyers, easing them when it trades above. No committee convenes; the formula is the policy.

Risk is managed, not hidden. Income from options strategies is inherently pro-cyclical, so a reserve fund absorbs the peaks and releases into lean months, holding distributions steady. Covered calls forgo gains above the strike, but in return they generate consistent income in flat and falling markets, precisely when a gold holder most wants a return.

None of this is possible in traditional finance at this transparency or cost. The accounting is on-chain and continuous, not quarterly and audited in arrears. Access is permissionless, not gated by an account minimum. And the automation runs without a desk of traders taking a cut. That is the whole point, an instrument that behaves like a well-run treasury, with the openness of a public ledger.

NAV (GOLD-STRC) Gold spot

Indicative, 12-month window

Fig. 2. Net asset value tracks par while the gold spot price moves freely. Par-stability, demonstrated.

Questions, answered.

01. How is the dividend funded?

Dividends are paid from yield the protocol earns on its gold reserves: lending PAXG into DeFi markets, writing covered calls on gold, and running a conservative carry trade. Earnings are distributed to holders monthly in PAXG. Nothing is funded by issuing new tokens.

02. What happens if gold prices crash?

Your principal is denominated in gold, so a falling gold price affects GOLD-STRC the same way it affects any gold holding, there is no added leverage. Income tends to hold up in flat or falling markets, because covered-call premium is collected regardless of direction, and the reserve fund further smooths distributions through downturns.

03. What is the redemption process?

You burn your GSTRC through the app and receive PAXG at current net asset value, settled instantly on-chain. There are no lockups, exit fees, or minimum hold periods. Redemption is permissionless and available 24/7, subject only to standard KYC at the point of mint and redeem.

04. Is this a security in the US?

The regulatory treatment of GOLD-STRC depends on your jurisdiction and how you use it, and this site is not legal advice. KYC is enforced at mint and redeem to support compliance. Consult the whitepaper's legal section and your own counsel before participating.

05. Who custodies the gold?

The underlying gold is custodied by Paxos, the regulated issuer of PAXG, in allocated London vaults. The GOLD-STRC contract holds that PAXG directly on-chain, so custody of the physical metal sits with Paxos, while custody of the on-chain claim sits with the immutable contract, not the team.

06. How is this different from just holding PAXG?

PAXG is a bare claim on gold that pays nothing. GOLD-STRC puts that same gold to work through conservative, automated strategies and pays you a monthly dividend, targeting around 10% annually. You keep gold exposure but add a yield PAXG alone cannot provide.

07. Can the team take my money or change the rules?

No. The contract that deployed GOLD-STRC self-destructed in the same transaction, leaving no admin keys and no upgrade path. The rules, dividend logic, redemption terms, reserve handling, are fixed in immutable code. No party, including the founders, can pause the protocol or move the reserves.

08. What chains is GOLD-STRC on?

GOLD-STRC is deployed on Ethereum mainnet, where PAXG and the deepest gold liquidity live. Support for additional EVM networks may follow under the same immutable contract standard. Always confirm the official contract address before interacting.

09. What are the fees?

There are no exit fees, lockups, or minimum hold periods. A transparent protocol fee on generated yield funds the reserve and ongoing strategy operations; it is encoded in the contract and visible on-chain. You pay standard Ethereum gas for mint and redeem transactions.

10. How is the yield calculated?

Realized yield from all strategies is measured on-chain each period, net of the protocol fee, and divided across tokens in circulation to set the monthly dividend. The advertised APY annualizes recent distributions and is not a guarantee, actual yield varies with market conditions.

11. What is the minimum mint amount?

There is no protocol-imposed minimum beyond the value of a single token at $100 par, so you can mint as little as one GSTRC. In practice, very small mints may not be economical once Ethereum gas is accounted for, so most participants mint in larger sizes.

12. How long does redemption take?

Redemption is atomic and settles in a single Ethereum transaction, typically within one block, roughly twelve seconds. There is no queue, no manual approval, and no waiting period. Once the transaction confirms, the PAXG is in your wallet.

13. What happens if PAXG depegs?

PAXG is fully reserved one-to-one against allocated gold held by Paxos, a regulated trust, so a sustained depeg is unlikely. Were PAXG to trade away from its gold value, GOLD-STRC's NAV would reflect the live market price of its PAXG holdings, because the protocol values reserves honestly on-chain rather than assuming a fixed peg. This counterparty exposure to Paxos is disclosed in full in the whitepaper's risk section.

14. How do I add GSTRC to my wallet?

GSTRC is a standard ERC-20. Add it to any wallet by importing the official contract address, published in the documentation and on the verified Etherscan page. After you mint or purchase, the balance appears automatically once the token has been imported.