Tokenized Gold (TGLD) is the 2nd Real-World Asset (RWA) launched by LeoStrategy. LeoStrategy is a community-operated Digital Asset Treasury (DAT) that was created by the LEO Community to tokenize assets, put them onchain and build a profitable business around them. 100% of the profits buy LEO and perma-stake it inside LeoStrategy's treasury vault.
The LEO that is perma-staked is used as collateral to back all assets launched by LeoStrategy.
Effectively, LeoStrategy aims to mirror what Microstrategy is building with Bitcoin & Digital Credit markets but it is doing so with LEO & Real-World Assets.
By building assets on a "LEO Standard", LeoStrategy is able to build a profitable business that has one sole mission: purchase LEO and permanently stake it on the treasury balance sheet.
Today, the TGLD Presale came to a close. The presale was wildly successful and lasted 7 days.
With the presale over, there is now a 48 hour window for buyers to add liquidity to the TGLD:USDC pool on Base. If you add 50-50 liquidity (50% TGLD and 50% USDC), then you are eligible for a +10% APR Boost on your position.
Effectively, this is a liquidity mining reward that is paid to LPs for providing liquidity.
Since TGLD has a base policy rate of 3% - 20% APR which is paid daily based on the GLD:TGLD correlation, this makes the total effective APR 13% - 30% if you provide post-launch liquidity in these 48 hours.
This extra incentive is paid to you FOREVER (or until you un-LP). As long as your liquidity stays in the pool, you'll keep earning the +10% APR added to your daily yield every night at midnight EST.
LeoStrategy is building a network of RWAs that live on Uniswap's AMM books and are tradable on LeoDex.io. Through collaboration between LeoDex x LeoStrategy, the LEO Ecosystem is able to deliver LEO-Backed RWAs to the market in a unique fashion that I have not seen any other ecosystems achieve.
In this video, I talk about TGLD and I also do a how-to walkthrough for adding liquidity to the TGLD:USDC Liquidity Pool. The same can be done for LEO, LSTR, SURGE and TTSLA.
Here is the link to the TGLD LP: https://app.uniswap.org/explore/pools/base/0x9188ae28a92a22b6e7ba0802f72fddf0d938c7eb57d18d0bb3c02dc2ed02525d
Questions? Leave a comment below and I'll help you out!