The world’s first fully decentralized stablecoin
pegged to the gold ounce.
Read GOL white paper

Borrow GOL against
eHex, pHex, PLS,
stPLS or Ether.

GOL is a stablecoin that is not dependent on a third party like other gold-pegged stablecoins. It can only be generated by using other cryptocurrencies as collateral, making it more secure and decentralized.

Liquid loans USDL
Pegged to actual stable asset?
USDL is pegged to the US dollar, which has a total supply that is constantly being inflated. In the last two years, 50% of all existing dollars have been printed, leading to a decline in the value of each dollar. In the future, the BRICS countries (Brazil, India, South Africa, Russia, and the United Arab Emirates) aim to address this problem by creating their own currency that will be backed to gold and working to devalue the American dollar.
Gold is a metal that serves as a backing for all banks worldwide. It has been around for thousands of years and has a limited supply, making it unable to be printed out of thin air. The BRICS countries (Brazil, India, South Africa, Russia, and the United Arab Emirates) want to use gold as the backing for their new currency, known as "BRICS." This decision is based on the long history and proven stability of gold as a store of value, as well as its widespread acceptance as a reliable asset.
Multiple collaterals options?
No, only PLS is available.
PoolSea protocol offers the flexibility of using multiple types of collateral to secure our stablecoin, GOL. Our accepted collaterals include pHex, eHex, Ether, Pulsechain, or staked Pulsechain (stPLS). This allows our users to choose the collateral that best suits their needs and preferences.
Y0% interest fee?
No, 1 – 5%
Our stablecoin, stPLS, offers a unique opportunity to earn yields by using it as collateral. By borrowing GOL using stPLS, users can expect to earn a yield of 10% on their initial PLS, with the possibility of earning up to 20% APY for early adopters. This is made possible by our interest fee of 0.5-5%, which is fully covered by the yields earned on stPLS. In comparison to our competitors, this is a very competitive and attractive offer for those looking to earn passive income through their collateral.
Anonymous off-Ramp?
No, you use a centralized exchange and pass an KYC.
In the future, holders of GOL will have the option to exchange their stablecoins for physical gold at a 1:1 ratio at banks in locations including Switzerland, Dubai, Qatar, and the Bahamas, among others. This exchange will be conducted anonymously, with the identities of the participants remaining undisclosed. All exchanges involving GOL will be conducted in a fully legal manner.
Healthy collateral ratio?
Nope, Liquid loans are exposing their user’s to potently get LIQUIDated due to the 110% minimum collateral ratio.
PoolSea protocol prioritizes the stability and security of our stablecoin. One way we achieve this is by carefully managing our collateral ratio to ensure that it remains healthy at all times. This means that our DAO regularly evaluate the value of our collateral and require additional collateral to be deposited if the value falls below a certain threshold. By maintaining a healthy collateral ratio, we can help to prevent liquidation of our stablecoin during times of market fluctuation or price dips. This sets us apart from our competitors, who may not have the same level of focus on the stability and security of their stablecoin. Our commitment to a healthy collateral ratio helps to make GOL stablecoin a reliable and trustworthy option for our users.
Stablecoin staking?
USDL can NOT be staked.
When a user lends their GOL through the protocol, they are eligible to receive a percentage of the fees paid by borrowers as a reward for their participation. This percentage is known as the saving rate and can vary based on market conditions. By participating in the PoolSea protocol as a lender, users can earn a return on their GOL.
Supported networks?
Pulsechain only
Ethereum & Pulsechain

More Secure.
More Decentralized.

This entire process is facilitated by PoolSea DAO's smart contracts in the form of a decentralized application. Acquiring GOL is a fairly simple process. All a user has to do is deposit Pulsechain (PLS), Ether, pHex, eHex or staked Pulsechain (stPLS) in a smart contract.

  • They can then borrow against the value of their deposits and receive newly generated GOL. For every unit amount of GOL a user wants to borrow, they have to deposit at least 140% of collateral denominated in Pulsechain.
  • Once a user repays the principal loan amount along with the interest charged, they are able to access and withdraw the collateral amount they deposited. On the other hand, the amount of GOL returned is destroyed immediately.

Hence, the dollar value of GOL is backed by the gold ounce value of the underlying collateral held in the PoolSeaDAO's smart contracts. Determining the acceptable types of collateral, minimum collateral ratios, and the interest rates for borrowing or storing GOL allows PoolSeaDAO to regulate the amount of GOL in circulation and ultimately its value.

PoolSea DAO
& Interest fee

At Collective Collateral GOL (CCG) system launch, holders are bestowed with the authority to suggest and implement changes to collateral types, minimum ratios, and interest rates through a code. POOL governance token holders are able to vote upon these changes with the magnitude of each vote determined by how many tokens the voter holds.

The POOL token is also valuable as an investment in the PoolSeaDAO system. Once borrowers repay their loans, both the principal amount and the interest accrued are used to purchase POOL tokens, which are then burned. By burning the POOL tokens bought, POOL is kept deflationary in relation to GOL loan income.

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