We’re proud to introduce our 5th flagship vault, yoGOLD, the first institutional-grade yield-bearing vault for tokenized gold. Powered by Tether's XAUt, the largest, most liquid gold token on the market, yoGOLD provides an easy access point to earning yield on gold.

Today, you can be one of the first to hold the future of tokenized gold in your wallet. In preparation for the vault’s full launch, we’re opening pre-deposits for yoGOLD, and with the vault capped at $10m, we’re offering a limited-time 3x YO points multiplier and 5x Fusion points on early allocations.

How It Works

Deposit your XAUt into the yoGOLD vault on Ethereum. At launch, you can also zap in with USDT or USDC via Enso to automatically swap to XAUt and deposit into yoGOLD seamlessly from the YO app.

During this initial phase, your assets will be securely held in the yoGOLD vault, and once the vault is fully launched, YO will automatically route your assets to generate yield transparently and fully onchain.

Behind the scenes, yoGOLD will run a tokenized carry trade where XAUt is deposited in Aave as collateral to borrow stablecoins, which are then invested across top-rated DeFi protocols to generate yield, including Fluid, Euler, and other protocols on Ethereum.

You’ll benefit from exposure to gold while earning yield at the same time, and with all yield generated onchain, yoGOLD is the world’s first investment vehicle to earn yield on gold without counterparty risk. We ensure this by keeping your assets and all collateral fully onchain and steering clear of centralized intermediaries. Transparency is at the core of everything we do, meaning you can verify allocations, exposures, and yield breakdowns at any time through the YO app.

Our commitment to security and risk management is underscored by our partnerships with IPOR Fusion (non-custodial infrastructure) and Clearstar (DeFi curation and infrastructure advisory).

Why Tokenized Gold Yield Matters

Tokenized gold is a fast-emerging market due to its accessible nature and features, including 24/7 trading and near-instant transfers. In early October, this rising digital asset surpassed a $3 billion market cap. As interest in alternatives such as tokenized gold continues to increase, so does the demand for yield on these assets.

At YO, our mission is to make DeFi yield accessible to all. With yoGOLD, we’re opening access to a yield product that has traditionally been reserved only for institutions, with the openness and transparency that DeFi was built for.

To deposit your assets into the yoGOLD vault, visit app.yo.xyz

Frequently Asked Questions

How long will the pre-deposits campaign last?

This is a limited-time campaign that is currently available as part of our initial rollout phase. The end of the campaign will be announced at a later date, about a week prior to the end date.

Will my funds be locked in the vault during the pre-deposit phase?

No, you can withdraw your funds anytime.

Will my deposits earn yield during the pre-deposit phase?

Your deposits will not earn yield during the pre-deposit campaign, only points.

How much XAUt is one yoGOLD token worth?

yoGOLD tokens have an exchange rate of 1:1 with XAUt during the pre-deposit phase.

Does the yoGOLD vault charge any fees?

Yes. As with other YO vaults, there’s a 1 bps (0.01%) withdrawal fee.