Curated News
By: NewsRamp Editorial Staff
May 13, 2024

ShadowFi Launches ShadowGold: The First DeFi Token Backed by Real Gold

TLDR

  • Investors in ShadowGold gain stability in volatile markets with a 50% physical gold-backed liquidity pool, giving an advantage over other DeFi tokens.
  • ShadowGold (SDG) is a new token backed by physical gold and MATIC, offering stability and passive gold rewards through PAXG reflections on transactions.
  • ShadowGold's unique composition with physical gold backing makes the world a better place by bridging traditional and decentralized finance while also offering exclusive equity investment opportunities.
  • ShadowGold (SDG) offers a new investment vehicle backed by physical gold, with passive gold rewards and exclusive equity investment opportunities, making it an interesting and innovative option for investors.

Impact - Why it Matters

The launch of ShadowGold represents a significant advancement in the DeFi space, offering investors stability and security through a unique composition backed by physical gold and MATIC. The ability for ShadowGold holders to earn passive gold rewards and access exclusive equity investment opportunities creates a bridge between traditional and decentralized finance, making it an attractive investment and medium of exchange. With the presale and public launch dates set, this news provides an opportunity for investors to get in on the ground floor of a groundbreaking DeFi token.

Summary

ShadowFi is set to launch ShadowGold (SDG), the first DeFi token with a liquidity pool 50% backed by physical gold and 50% by MATIC. This unique composition offers investors stability in volatile markets and sets ShadowGold apart from other DeFi tokens. ShadowGold has already amassed a starting liquidity of approximately $250,000, demonstrating the project's established presence and investor confidence. ShadowGold is new money for the real world, backed by real gold. ShadowGold holders earn passive gold rewards through PAXG reflections on each transaction. The token also grants access to exclusive equity investment opportunities, bridging traditional and decentralized finance. ShadowFi is also developing ShadowPay, the final piece in its ambitious DeFi roadmap, enabling ShadowGold holders to privately spend their gold, making it both an investment vehicle and a practical medium of exchange. Built on the secure, scalable Polygon network, ShadowGold has undergone rigorous auditing by Cyberscope to ensure the highest standards of security and integrity. ShadowFi maintains a strict commitment to user privacy, with no KYC checks, identity verification, or transaction monitoring. The ShadowGold presale kicks off on May 15th at 11PM UTC and will be open for 72 hours. During this time, investors can purchase SDG tokens at reduced prices, beginning at $0.02 and progressively rising to $0.0275 across four stages. Following the presale, ShadowGold will be publicly launched on May 19th, with an initial price set at $0.0357 per token. To participate in the presale or learn more, visit shadowfi.com. About ShadowGold: The team behind ShadowGold (SDG) has a proven track record in DeFi since 2021, previously reaching a $45 million market cap and offering the first anonymous debit cards. Now, as ShadowGold, the innovation pivots into Real World Assets (RWA).

Source Statement

This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, ShadowFi Launches ShadowGold: The First DeFi Token Backed by Real Gold

blockchain registration record for the source press release.