$23M+ sitting in a gold-backed vault. 👀
That’s what caught my attention when I looked through TermMax.
The XAUt Vault lets users put Tether Gold (XAUt) to work instead of simply holding it.
So you get two things in one position:
🥇 exposure to gold
💰 potential DeFi yield
The interesting part is the scale.
More than $23M in TVL is currently sitting in this vault.
That raises a pretty interesting question:
Why would someone choose to earn yield on gold instead of just holding it?
For me, that’s where the RWA side of DeFi gets interesting.
We’re starting to see traditional assets become part of on-chain yield strategies — not just BTC and stablecoins.
Would you put gold to work in DeFi, or just hold it?
@TermMax #TermMax #DeFi #Crypto #RWA #Gold #Yield