GOLDx is the first gold token developed by dForce based on the Open Gold Protocol. GOLDx is a gold token fully backed by a 100% reserve of constituent tokens. Currently, it is only pegged to one constituent token, PAXG, but we plan to include more gold tokens as underlying reserve assets in the future. The constituent token PAXG of the GOLDx gold token is regulated by the New York Stock Exchange and is 100% backed by London Good Delivery gold, certified by the London Bullion Market Association.
