Paxos launches gold-backed PAXGy token on Chainlink
Paxos Labs has launched PAXGy, a gold-backed token built on its $1.8B+ PAX Gold (PAXG) that accrues in gold terms. The token uses Chainlink CCIP as its exclusive cross-chain infrastructure and Chainlink Price Feeds for reliable onchain pricing, aiming to enable adoption across DeFi.
Sources
- Read the full announcement ↓ https://t.co/yxFUdvf1XL Replying to their earlier post: NEW: @PaxosLabs, has launched PAXGy, a gold-backed token built on $1.8B+ PAX Gold (PAXG) issued by @Paxos that accrues in gold terms. PAXGy is powered by CCIP as its exclusive cross-chain infra &…x.com ↗
- NEW: @PaxosLabs, has launched PAXGy, a gold-backed token built on $1.8B+ PAX Gold (PAXG) issued by @Paxos that accrues in gold terms. PAXGy is powered by CCIP as its exclusive cross-chain infra & Chainlink Price Feeds for reliable onchain pricing to enable adoption across DeFi. https://t.co/JU3gjinLM1x.com ↗
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