what's oro?
ORO is a blockchain-based platform that tokenizes physical gold to create a yield-bearing digital asset, making gold accessible, programmable, and composable on-chain. By vaulting physical gold and issuing tokens backed 1:1, ORO enables users to hold, trade, and earn yields on gold without traditional storage costs or barriers. Built initially on networks like Solana and Fasset's Ethereum L2 (Own), it integrates with DeFi protocols for liquidity and composability, allowing seamless use in lending, staking, and other financial applications. The project addresses gold's role as a store of value by bridging traditional assets with blockchain technology, targeting emerging markets where inflation hedging is crucial. Users can buy, sell, or stake ORO tokens via integrated DEXs like Meteora, with yields generated through vault strategies. This democratizes gold ownership, reducing entry barriers to as low as fractional amounts while maintaining security through audited reserves and transparent on-chain verification. Technically, ORO leverages smart contracts for token minting tied to verified gold deposits, ensuring redeemability and programmability. It supports cross-chain functionality and aims to unlock billions in tokenized gold, fostering integration with stablecoins and other on-chain primitives for global financial inclusion.
Oro achieved $195K in staked gold.
Links
x.com/orogoldappAchieved $195K in staked gold.
StGOLD is introduced as the first yield primitive for gold that is composable in Solana DeFi.
Oro's representative joins panel discussion at HELIUM HOUSE ABU DHABI pre-conference event at Café del Mar on December 11, featuring panelists from major Solana ecosystem projects including Jupiter, Helium, and Solana Foundation.
Oro scheduled to present about tokenizing gold at Solana Breakpoint conference day 2 on December 12 at 5:10pm in Abu Dhabi.
Oro gold app holder count surpasses 4,000 users.
Oro integrates with Jupiter's routing system and Meteora DLMM pools for GOLD token swaps, with the USDC/GOLD liquidity pool routing through Cleopetra protocol.
GOLD/USDC liquidity pool offers 16.97% APR for yield farming.
The oro app launches on Solana Mobile platform.
Oro participates in a live discussion event with Helium on November 25th at 5:30 PM UTC to discuss real world DePIN and tokenized gold.
Ranger Spot launches two-week $GOLD trading campaign with bonus Nuggets rewards for Season 0. First independently verified reserves report due in October has not been published.
Integration with Solana dApp Store launches, enabling tokenized gold purchases through Seeker.
Raised $1.5M in pre-seed funding round and launched airdrop program where users earn points (nuggets) through buying, selling, and staking gold on the platform.
Users can now lend and borrow against tokenized gold through oro in collaboration with LoopscaleLabs.
Alch project has a connection with oro and is being traded short-term as gold reaches all-time highs.