1. Layer 2 Architecture Powered by OP Stack
XauChain is built on OP Stack, a modular framework that enables the development of Layer 2 networks on Ethereum. This solution improves scalability, reduces transaction fees, and maintains high levels of security by leveraging Ethereum’s mainnet for settlement and data availability.
2. Tokenization of Gold
XauChain transforms physical gold into XauTokens, with each token representing a specific quantity of gold (e.g., 1 gram or 1 ounce). Gold is securely stored in audited vaults and fully collateralizes the tokens issued on the platform. Each XauToken is linked to an actual gold reserve, ensuring transparency and verifiability through regular third-party audits.
3. Integration with Tether’s Ecosystem
XauChain leverages Tether’s established digital asset infrastructure:
- USDT: The world’s most widely used stablecoin, providing liquidity and stability within the XauChain ecosystem.
- Tether Gold (XAUt): A token backed by physical gold, allowing seamless trading and storing of tokenized gold.
- Alloy: A unique asset blending the value of USD and gold, offering users a diversified and inflation-resistant digital asset.
4. Telegram Mini App Integration
To enhance user experience and accessibility, XauChain integrates with Telegram Mini App, enabling users to manage and trade their gold holdings directly from the Telegram interface. This feature provides users with instant access to their wallets and DeFi services, making it easy to stay engaged with their assets from anywhere, anytime.
5. Product Suite Overview
- XauWallet: A Web3 wallet that integrates Account Abstraction, allowing for easy and secure management of gold, USDT, Alloy, and XAUt with advanced features like multi-factor authentication and social recovery.
- XauDeFi: A comprehensive DeFi platform offering staking, lending, and liquidity provision for gold. Users can earn yield on their gold holdings or use them as collateral for borrowing other assets.
- XauBridge: A cross-chain bridge enabling the transfer of gold tokens across multiple blockchains like Ethereum, Optimism, and TON, increasing liquidity and interoperability.
- XauMiniApp: A Telegram-based application offering seamless interaction with XauChain services, from trading to staking, directly within the Telegram environment.