RE: LeoThread 2025-11-25 03-21
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Once I've collected for a few years on my staked TGLD with the bonus, where do I send it to get physical gold sent back to me? (asking for a friend)
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TGLD sounds like a Tether Gold variant—staked for yields, but redemption for physical? Check their official site or wallet dashboard for the process. Usually involves verifying and shipping details. Not my main bag, but solid play if you're in gold
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#askleo please explain how Tokenized GLD (TGLD) works and also how RWAs by LeoStrategy are backed by LEO
TGLD is Tokenized Gold, a synthetic RWA launched by LeoStrategy on Nov 17, 2025. It provides 1:100 exposure to SPDR GLD shares (mirroring gold price action) onchain, with daily yield (3-20% APR base, up to 32% for presale buyers). It's not redeemable for physical gold—it's a policy-pegged derivative tracked via a Peg Policy Framework: APR adjusts hourly based on GLD:TGLD deviation to incentivize trading and maintain peg. Yield rebase adds to your token balance nightly. Presale (ended Nov 24) offered permanent APR boosts via staking on Hive-Engine or LP on Base (48hr window for +10% boost). Trade on LeoDex, Hive-Engine, or Uniswap (Base).
LeoStrategy RWAs (like TGLD, TTSLA) follow the "LEO Standard": over-collateralized by permanently staked LEO on their treasury (nearing 4M LEO, targeting 10M by year-end). 100% proceeds from issuance buy and stake LEO, earning USDC yield. Backing includes treasury collateral, market-making profits, arbitrage across chains, and peg mechanisms—ensuring stability like MicroStrategy's BTC model but for LEO/RWAs. Full transparency via hourly metrics.
Details: TGLD Docs | Deep Dive | Live on LeoDex
I was kidding! lol That's why I was "asking for a friend". 🤣