🔥 $UNI Continues to Ramp Up RWA, Emerging as a Key On-Chain Liquidity Hub for Tokenized Gold.
On 9/24, Paxos Labs launched PAXGy, based on PAX Gold (PAXG), allowing users to exchange PAXG or supported stablecoins.
📌 PAXG 1:1 corresponds to physical gold in London LBMA vaults, while PAXGy enables holders to earn yield on a “gold ounce” basis through the institutional gold lending market.
The trading volume of PAXG and XAUt on Uniswap has already reached the billions.
RWA + Gold + DEX liquidity—this is a trend worth watching. 👀
#UNI #Paxos $UNI
On 9/24, Paxos Labs launched PAXGy, based on PAX Gold (PAXG), allowing users to exchange PAXG or supported stablecoins.
📌 PAXG 1:1 corresponds to physical gold in London LBMA vaults, while PAXGy enables holders to earn yield on a “gold ounce” basis through the institutional gold lending market.
The trading volume of PAXG and XAUt on Uniswap has already reached the billions.
RWA + Gold + DEX liquidity—this is a trend worth watching. 👀
#UNI #Paxos $UNI