Matrixdock's XAUm Token Grows from $5M to $40M AUM in Six Months
Matrixdock's XAUm Token Grows from $5M to $40M AUM in Six Months
🏆 Gold Token's 8x Growth
Matrixdock's gold-backed token XAUm has seen significant growth, reaching $40M in assets under management within six months. Each XAUm token represents one troy ounce of 99.99% pure gold, stored in Singapore and Hong Kong vaults.
Key features:
- Fully backed by LBMA-accredited gold
- Traceable and verifiable on-chain
- Physical redemption available
On Kinza Finance, users can:
- Create leveraged long positions
- Execute shorting strategies
- Trade BTC-gold correlations
The platform offers looped positions where a $100 USDT deposit can create a $300 XAUm position through borrowing.
Read a summary of our chat with @matrixdock for the Kinza Real Yield Vision podcast here 👉 medium.com/@kinzafinance/… We discussed $XAUm beginnings, current demand for gold, storing and redeeming on-chain gold, and strategies for putting $XAUm to work on Kinza ⚡️
Introducing the Kinza Real Yield Vision Podcast 🌅 Each episode, we chat with a Kinza Finance partner to learn more about what they have built, why they have built, and chat about current opportunities ⚡️ (1 of 2) 👇
Puffer Finance Reaches $1B TVL in 16 Days After Launch
In a recent Real Yield Vision podcast episode, Jason from Puffer Finance discussed their innovative liquid staking solutions. Key highlights: - Puffer's validator ticket system enables ETH staking with just 12 ETH instead of 32 ETH - Their pre-confirmation AVS technology provides near-instant transaction confirmations on Ethereum rollups - $pufETH, their liquid staking token, allows users to maintain liquidity while staking - Kinza Finance supports $pufETH on both BNB Chain and Ethereum for lending and borrowing Puffer is evolving into a protocol launchpad to simplify new protocol launches with faster, cheaper transactions. [Listen to the full podcast](https://www.youtube.com/watch?v=sF54LfEqaUU)
Based Appchains Launch on Ethereum with Puffer Support
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Kinza Airdrop Points Season 2 Extended Until July 31st
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SEC Commissioner Atkins Discusses DeFi Future at Roundtable
SEC Commissioner Paul Atkins delivered remarks at a DeFi roundtable, highlighting key regulatory perspectives on decentralized finance. - Emphasized need for balanced approach to DeFi regulation - Acknowledged potential for innovation while addressing risk concerns - Discussed framework for determining securities classification in DeFi protocols The Commissioner's stance suggests a more nuanced regulatory approach compared to previous SEC positions. Industry participants noted this could signal a gradual shift toward clearer DeFi guidelines. *View full speech*: [SEC.gov Official Remarks](https://www.sec.gov/newsroom/speeches-statements/atkins-remarks-defi-roundtable-060925)