Dear Golden Boys,
Our yields are massive and we are cooking. Through the guidance of the whale, the ingenuity of the team, and the good behavior of the Golden Boys we have reached an impressive milestone: stability.
Token Health
Over the past month, our liquidity has increased significantly. This is a good thing, although some of our boys seek lower liquidity because of the increased volatility it brings to a early project with low exposure.
The yields on Arbitrum are very good. And remember - APR is calculated off of a point in time. If you expect the tokens earned to increase in value, the earning potential is potentially much higher. Humpy has mentioned in TG that he will be using his AURA Power to boost rewards even further.
The monthly burns continue as promised, and the scarcity of Gold is reaching an inflection point…
Development
The developers who contribute to Gold have been hard at work to make sure the deployment of the GoldAURA Vault happens without a hitch. Beyond the code base, there have been ongoing considerations from a business perspective. However, it appears that the time is ripe…
The team plans to stealth launch the GoldAURA Vault product in the coming week to make sure the product works. Relax, and enjoy, as we risk our AURA for the good of the community and ensure the smart contract operations work properly. The last thing we want is a big error and everyone’s AURA gets locked. GoldAURA Vault is a long term value add for us. Patience brings rewards here. It will also give us a new product to market to the AURA community, which in turn, adds market exposure to $GOLD. The Vault will also create a sustainable revenue stream for funding team operations that doesn’t involve GOLD payments - this means more resources to do things, without selling pressure.
Our lead developer is wholly focused on ensuring that the launch of this product goes off smoothly. The web design is coded in a dev environment and looks to be functioning, but we need to test it in the wild. When all is safu, we’ll unveil our beautiful vault page. When the AURA is flowing in, we anticipate a return to thinking about products to build for $GOLD.
Marketing
October was a month of frenetic energy, experimentation, and organizing a reliable team of people who can contribute to marketing. It was also about testing the various segments of the market with GOLD.
What we’ve learned may not come as a surprise: the product is a fit to DeFi chads who have experience on-chain. To a much lesser extent, we appeal to the memecoin pump chasers. At our phase of growth, we have such tremendous liquidity size that the people who wish to risk their ETH on hypervolatile charts are best served by other projects. Meanwhile, the core DeFi community around Gold builds slowly, steadily, all the while gaining ample yields.
We continue a steady drumbeat of activity on Twitter, DeBank, in communities, and now with these channels being handled, our blog’s activity will fire back up. This means more project updates here (and more lore soon). Zealy is also in its earliest phases, and while it does not bring the DeFi chad whales we know to be GOLD’s core audience, it’s important to develop a community of higher quantity who are willing to help engage with all of the things we release. It makes us look better, appear in trending searches, and facilitates algo boosts.
The marketing team has an ambition to produce a high quality 3d video for the glory of Humpy and the Golden Boys. We’re negotiating a contract and making sure the treasury can support it. Should this asset be created, it will be used when the time is right.
In addition to this, website upgrades are in motion…
NFTs
Famous community members are cooking the first ever Golden Boys NFT collection. The artwork is correct. The logistics of the NFT are still being drawn up. In summary, Golden Boys can expect beautiful artwork glorifying Humpy to arrive to their wallets; for the general public - whispers of a free mint?
Humpy
As always, Humpy moves with grace and size. His pontifications on market opportunity are nothing less than staggering. Cling to his every word - dissect his every cryptic GIF… for therein lies the secret to your wildest dreams… We dare not write more here, lest the egg-man assassins silence us (forever).
Final Thoughts
The team contributing to GOLD works in the style of a lab. We are trying things. Once in a while, the thing we try works - and it works very well. Rejoice in your opportunity here to enjoy stability and safety. Earn the yields granted to the holders of the coin. Be patient; because opportunity - more value - and the golden path is being built, brick by brick.