Pleasing Gold

Pleasing Gold is a digital asset issued to represent physical gold on-chain and is tracked under the symbol PGOLD. According to the project description, each PGOLD represents one troy ounce of high-purity physical gold meeting the standards of the LBMA (London Bullion Market Association). Token holders can thus gain exposure to gold on the blockchain in divisible units.

The project says that, beyond gold ownership, it aims for the token to offer mobility and earning possibilities in decentralized finance applications. PGOLD exists as a token contract on the Arbitrum and ApeChain networks. Details of the issuer's structure, custody arrangements and independent audit reports can be reviewed on the official website.

The value of gold tokens is designed to track the price of an ounce of gold; however, deviations can occur because of counterparty risk tied to the issuer and custodian and because of differences in liquidity. The PGOLD price on Lzzo.com is taken from DefiLlama's US dollar reference data and is for information.