Staked Tenbin Gold

STGLD Price

Staked Tenbin Gold (STGLD) Price Today

The price of Staked Tenbin Gold (STGLD) is $4,095.90 today with a 24-hour trading volume of $0.00. This represents a 0.0% price increase in the last 24 hours.

About Staked Tenbin Gold (STGLD)

Staked Tenbin Gold (STGLD) is a yield-bearing, liquid tokenized gold asset built on the Tenbin protocol.

• It provides on-chain exposure to the physical gold market while generating native yield.
• The asset is backed by a combination of on-chain stablecoin collateral and off-chain futures positions.
• Holders receive economic exposure to gold price movements alongside basis and carry interest.

What Is Staked Tenbin Gold

Staked Tenbin Gold is the staked version of Tenbin Gold, an asset issued by the Tenbin protocol. Tenbin is an on-chain tokenization protocol that brings real-world assets (RWAs), such as commodities and precious metals, onto the Ethereum blockchain.

Value moves through the system by allowing approved users to mint assets using supported stablecoins as collateral. The protocol manages this collateral on-chain while maintaining an off-chain hedging engine that utilizes institutional markets, such as the CME, to replicate the price action of the reference asset. STGLD is specifically designed to capture and distribute the yield generated from these collateral management and hedging activities.

As the ecosystem grows, the protocol scales by utilizing bankruptcy-remote asset-holding structures. This design is intended to segregate the backing assets from the protocol's operating entities, providing a layer of structural protection for token holders.

What Makes Staked Tenbin Gold Unique

• Yield-Bearing Mechanism: Unlike traditional gold-backed tokens that are often static, STGLD reflects basis, carry, and interest generated by the protocol's underlying financial structure.
• Institutional Hedging Engine: The protocol anchors its pricing and liquidity to established global markets through an off-chain rebalancing system.
• Bankruptcy-Remote Structure: Backing assets are held in segregated legal entities to protect users from the operational risks of the issuing company.
• Composability: As a liquid token on Ethereum, STGLD is designed to be integrated into broader decentralized finance applications as a market instrument.

What Can You Use Staked Tenbin Gold for?

Staked Tenbin Gold is pegged to Physical Gold.

1. Value retention: STGLD allows users to hold a digital, on-chain representation of Physical Gold, which may reduce exposure to broader cryptocurrency market volatility.
2. Yield generation: Holders earn native yield derived from the basis and carry interest generated by the protocol's collateral and hedging engine. The source does not specify sovereign debt instruments as a yield source.
3. Cross-border settlement / value transfer: The token facilitates the international transfer of gold-pegged value with the speed and transparency of on-chain settlement.
4. Collateralization: STGLD can be used as backing for decentralized borrowing and lending protocols or as liquid collateral for other market instruments.

How Does Staked Tenbin Gold Work?

Staked Tenbin Gold operates through a hybrid technical mechanism. The protocol's smart contracts manage the minting and redemption of tokens using on-chain stablecoin collateral. Simultaneously, an off-chain engine manages futures positions to ensure the token supply remains anchored to the market price of gold.

Transactions involving STGLD on the Ethereum network require gas fees, which are paid in the network's native currency to validators for processing transactions. Within the Tenbin ecosystem, STGLD functions as an application utility token that represents a claim on the underlying gold exposure and its associated yield.

Team Info and Investors

Staked Tenbin Gold is developed by Tenbin Labs. The protocol is structured around bankruptcy-remote asset-holding vehicles to ensure the segregation of user assets. While the protocol emphasizes institutional-grade hedging and compliance through KYC and KYB processes for direct participants, specific details regarding the individual founding team members or early-stage venture investors are not provided in the available documentation.

Where can you buy Staked Tenbin Gold?

STGLD tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Staked Tenbin Gold is N/A, where the most active trading pair stGLD/USDC has a trading volume of $0.00 in the last 24 hours.

What is the liquidity of Staked Tenbin Gold (STGLD)?

The total liquidity of Staked Tenbin Gold is $206.00. If you own STGLD tokens, liquidity of the token is low and prices may differ drastically. Proceed with caution.

What is the liquidity of Staked Tenbin Gold (STGLD)?

The fully diluted valuation (FDV) of Staked Tenbin Gold (STGLD) is $2,154.00. This is a statistical representation of the maximum market cap, assuming the maximum number of STGLD tokens are in circulation today.