RE: TGLD Presale Details and APR Boost Mechanics | How Tokenized Gold's Presale Will Work

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I generally like tokenized gold, but I feel the urge to comment:

  • Why do you call it tokenized gold but peg it to GLD instead of the price of an ounce of gold?
  • TTSLA and TGLD feel much more like synthetic assets than RWAs (as they aren't actually backed by the asset itself), why call it an RWA? It's fine to create synthetic assets, I just find that confusing
hive-167922 leostrategy tgld gold gld slv silver silvergoldstackers saturdaysavers inleo
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GLD is vastly more utilized from a pricing standpoint + understandability. The market dynamics for these RWAs require some kind of liquid instrument (like GLD) to peg the price to

These are synthetic RWAs but that doesn’t change the fact that they’re RWAs

RWAs don’t need to be backed by the actual RWA. They give you the exposure onchain and are collateralized on a LEO Standard

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