PAX Gold is an asset-backed token where one token should represent one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities.
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- How to Stake PAX Gold?
PAX Gold can be lent to a custodial lending provider for a earn rate as determined by the lending provider.
- How much can I earn Staking PAX Gold?
Currently you can ear around 6% APY on deposits of PAX Gold with specific lending providers. This rate can differ between lending providers.
- Any risks to Staking PAX Gold?
There is always a risk when going with a custodial lending provider, you have to trust them to manage and return your asset according to their terms.