Yoro — High yield, in gold

01 — THE GAP

You want gold exposure with real yield. Tokenized gold pays zero.

Digital gold - XAUT, PAXG, the entire segment - has zero exposure to yield. Yoro is the only double-digit fixed yield denominated in gold.

XAUT + PAXG

Other gold tokens

2–5%

T-bills / Ondo

~4%

Aave USDC

4–6%

yoro

15%

ON-CHAIN YIELD LADDER, ANNUALIZED · 15% APR EARLY TIER · 9% APR STANDARD - FIXED, PAID IN GOLD · SOURCES: COINGECKO, CATEGORY TRACKERS, JUNE 2026

02 — HOW IT WORKS

You lend gold. We run the business that turns it into more.

A real physical-gold business with 20 years of traction - and a fixed rate that never depends on how a given cycle goes.

01 · YOU LEND GOLD

Subscribe a position in grams

Fund with XAUT, PAXG, USDT or USDC. Your position is denominated in grams of gold - full gold-price exposure retained.

TICKETS $500K–$5M

02 · WE RUN THE TRADE

Buy doré · refine to 999.9 · sell at LBMA spot

Gold bought 3% below spot at the source, refined to the LBMA standard and sold at full spot - a realized margin, booked every ~36 days, whether gold rises or falls.

~10 CYCLES A YEAR

03 · YOU EARN FIXED YIELD

15% APR, set in advance, paid in gold

The margin funds your fixed yield - never derived from results. On 10 kg that is +150 g per cycle, ≈ +1.5 kg a year, claimable in the app.

SETTLES EVERY 36 DAYS

Why we can pay 15%

Your yield is our cost of capital - cheaper than bank financing for a physical operator. It is funded by a sourcing margin realized ~10 times a year, whether gold rises or falls - not by predicting the price, and never by your principal.

A LENDER'S RETURN IS FIXED IN GOLD TERMS AND PAID IN GOLD · FIGURES ILLUSTRATIVE · SUBJECT TO THE RISKS DISCLOSED

03 — THE COMBINED EFFECT

The gold exposure you keep, plus the fixed yield.

Two engines on one position: gold's long-run price growth and a fixed yield in gold on top - ≈27.6% p.a. combined at gold's 25-year average pace.

SIMULATION · LEND 10 KG OF GOLD, HOLD 5 YEARS

You lend You hold

Today: 10 kg ≈ $1.3M After 5 years: ≈ 20.1 kg ≈ $4.4M · 2× the gold

ILLUSTRATIVE ONLY - NOT A FORECAST OR A PROMISE OF RETURNS · GOLD AT ITS 25-YEAR AVERAGE CAGR (~11% P.A.); PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS · FIXED YIELD 15% APR, SET IN ADVANCE, COMPOUNDED ANNUALLY · FIXED IS NOT GUARANTEED

04 — TRUST

Named counterparties at every link. Every claim carries a document.

Source

UGAASM

Logistics

Ferrari · Emirates

Refiner

CHIMET

Certification

LBMA

Tokenization

Tether Gold

Operator

Fargo

Lenders are paid first. Operator economics are subordinated - paid last.

Monthly Proof-of-Funds. Purchase invoices and refining certificates attested monthly; every yield payment proof-hashed on-chain.

A 20-year operator. Registered professional gold operator, audited quarterly by the Italian central bank; specie insurance on every shipment in transit.

CENTRAL BANKS KEEP BUYING: 89% EXPECT GLOBAL RESERVES TO RISE · 45% PLAN TO ADD THEMSELVES - A RECORD · WORLD GOLD COUNCIL, CENTRAL BANK GOLD RESERVES SURVEY 2026 (76 CENTRAL BANKS)

05 — RISKS, PLAINLY

The questions you should ask. Answered before the call.

Price risk

What if gold falls?

Your position is denominated in grams, not USD - you keep full gold-price exposure, both ways. The fixed yield accrues in gold regardless of price, so a falling price lowers the USD value of principal and yield alike, never the gold amounts.

Business risk

What if a cycle goes badly?

The margin comes from buying below spot at the source, not from predicting the price - realized ~10 times a year, whether gold rises or falls. Your rate is set in advance and never derived from results; lenders are paid first, operator economics are subordinated.

Credit risk

What if you can't pay?

The trade behind your yield has run for 20 years, and the operator is audited quarterly by the Italian central bank. Every cycle is tracked stage by stage - sourcing, refining, transit, sale - with third-party attestations at each step, plus monthly Proof-of-Funds and yield payments proof-hashed on-chain. And if things still go wrong, you are a creditor with first claim on the business, ahead of the operator's own economics. Fixed is a rate set in advance, not a guarantee.

Liquidity

How do I exit?

45 days from request, or at the end of the signed contract. Principal and accrued yield are settled in tokenized gold (XAUT / PAXG) - no fiat off-ramp dependency on our side.

THE FULL RISK DISCLOSURES COME WITH THE SUBSCRIPTION DOCUMENTS · ASK FOR THEM ON THE INTRO CALL

06 — TERMS

Your terms: 15% APR fixed, paid in gold. The early tier is capped.

Fixed yield	15% APR in gold · early tier · fixed
Early-tier cap	$15M / 100 kg → Standard tier 9% after
Ticket size range	$500K–$5M
Settlement	Every 36 days · in gold
Exit	45 days from request, or at the end of the signed contract
Denomination	Your position is denominated in grams, not USD

EARLY TIER

Get in at 15% APR,
or get in later at 9%.

Your rate is fixed at subscription and travels with your capital - the early tier never reprices. It closes at $15M / 100 kg, then 9% standard for later subscriptions.

Book an intro call

OFFERED PRIVATELY TO ELIGIBLE COUNTERPARTIES · KYC/AML APPLIES

Keep your gold exposure, earn 15% fixed yield on top.

You want gold exposure with real yield. Tokenized gold pays zero.