Unitas Gold XGLD
XGLD
4040.1
$
0.60 %
Change 24h
Market Cap
$ 15,230,980
Volume 24h
$ 38,253
Circulating Supply
3770
Total Supply
50
XGLD
$
| # | Exchange | Pair | Price | Volume 24h |
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Description
xGLD is a yield-bearing gold asset issued by Unitas. It is backed by Tether Gold (XAUt), with yield generated through Unitas strategies and reflected through xGLD NAV growth over time.
XGLD generates yield through Unitas’ asset utilization strategies. While ensuring the safety of the underlying reserves, the protocol employs a basket of Delta-neutral strategies within the Unitas ecosystem. The generated returns are distributed to all XGLD holders on a pro-rata basis at regular intervals.