AURUS Lending Pools
Company Description
Aurus is a marketplace that facilitates the trading of tokenised commodities via its global network. By adopting the #ERC20 token standard, Aurus' tGold ($tXAU) enables ownership of fractional amounts representing the total value of gold ingots.
Project Information
Precious Metals
Asset Class
Pools
Tech Used
TBA
Total Addressable Market
Reasons for Choosing the Defactor Toolkit
Utilising the Defactor infrastructure, asset liquidity was bolstered by enabling borrowing and lending of $USDC against $tXAU. This advancement empowers $tXAU holders to leverage their tokens as collateral, gaining access to loans with unprecedented ease and efficiency.
Access to specialised infrastructure
Trusted collaboration for growth
Expanded market reach through joinT efforts
Assured security and trust via smart contract audits
Investors fund each pool, assuming the role of risk-takers by providing capital for lending. Defactor integrates measures to mitigate the risk of fund loss. In return for each loan facilitated from the pool, investors earn a percentage fee as compensation.
Project Goals
#1
Enhance Utility for tGOLD (TXAU) holders and buyers.
#2
Facilitate the purchase of tGOLD for long-term holding.
#3
Utilisation of Liquidity: Unlocked capital can be used to pay for goods or services and enable investment in other ventures.
#4
Establishment of operations and awaiting the setup of additional pools prior to defining specific KPIs.
Implementation Phases
Phase 01
Workshop with the Defactor team
Phase 02
Technical feasibility & outline
Phase 03
Pool configuration
Phase 04
Launch and cross-marketing
Impressions
Disclaimer
The information provided on this page is intended for educational and informational purposes only. It is not intended as financial or investment advice, nor is it a recommendation to engage in any particular transaction or activity.