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Elastos Gold
Every large city has a gold reserve, Elacity is no exception!
GOLD represents a scarce digital commodity on the Elastos Smart Chain with a total supply of 1000 tokens. GOLD was fair-launched by the Elastos community in 2021, where the total supply was made available to buy via an ELA paired liquidity contract on Glide Finance.
Roughly 10% (100 GOLD) of the supply has been bought and donated by the Elastos community to the Elacity Gold Vault. From its fair launch to donations to token design, GOLD has come from the community and been built up by the community. Elacity recognises Elastos Gold as a scarce asset and trades it within our city walls.
Gold chart.
Elacity today is helping Gold shine by providing locked liquidity. Out of the 105 GOLD the treasury holds, 70 GOLD has been paired with ELA (raised from Golden Bella sales), and gone into liquidity on Glide Finance. Today the GOLD/ELA pair has around $164,000 in stable liquidity.
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