Twitxy Saved

Paxos Labs

This account is verified because it's an official organization on X. Learn more

@paxoslabs

Where the future of onchain finance is built and customized

An integrated platform that enables distribution, post-issuance growth, and asset-aligned liquidity
Global paxoslabs.com Joined October 2024
19 Following 3.6K Followers 367 Posts

Latest posts 5

Pinned post

Paxos Labs @paxoslabs
Gold lending has been quoted every working day for fifty years, yet is still closed to almost everyone who owns the asset.

Institutional minimums, bullion bank relationships, settlement infrastructure.

PAXGy changes that.

Live today on @okx and onchain on @Uniswap, @XLayerOfficial, @0xProject, @ether_fi, powered by @chainlink CCIP.

Gold that grows. paxgy.com/x
1:23
27 replies 18 reposts 169 likes 38K views View on X
Paxos Labs @paxoslabs
Gold is the largest and most liquid commodity market in the world, yet very few holders can lend it.

Our co-founder @ChundaMcCain joined @TheDryRunPod to explain who borrows gold, who can lend it, and how that’s starting to change.
Dry Run Verified account @TheDryRunPod 2d
How does gold lending work?

Chunda McCain (@ChundaMcCain), co-founder of Paxos Labs (@paxoslabs), joins the Dry Run to talk about why the world’s most liquid commodity has so few lenders, and what that does to the businesses that run on gold.

00:33 Borrowers, lenders, and syndicators
04:51 Why bullion exchanges need physical gold
06:48 Roughly $40 TRILLION in gold volume in one month
07:54 Hiring crowd control for people selling gold
11:15 How a refiner’s hedge can blow up the business
14:02 Gold holders are leaving income on the table
18:55 Nation states sold US bonds and bought gold
24:20 Buying equities with gold
29:04 Collateral that pays you income
View quoted post on X
1 replies 5 reposts 11 likes 630 views View on X
Paxos Labs @paxoslabs
Users on @ether_fi can now move into PAXGy without leaving the app.

The same exposure to gold, with holdings that grow in ounces.

Routing and execution by @EnsoBuild.
Enso | ⌘ 🛠️ @EnsoBuild 2d
Earning on your gold has always been hard to get into.

Now every @ether_fi user can earn more gold on their gold.

Access @paxoslabs PAXGy in one step, inside the app, with routing powered by Enso.
View quoted post on X
4 replies 3 reposts 20 likes 1.2K views View on X