Gold lending rates have been quoted every working day for 50 years, yet most people who actually own gold have effectively been locked out of the market. Paxos Labs launched PAXGy on Sept. 24 to change that, wrapping institutional gold-leasing economics into a token backed by pax gold (PAXG). The reserves are deployed to institutional […]
Source: https://news.bitcoin.com/blockchain/golds-50-year-money-making-trick-just-went-onchain/
