Deep Gold Platform
All-in-one solution for gold stablecoin(DGC)
Created on 8th May 2025
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Deep Gold Platform
All-in-one solution for gold stablecoin(DGC)
The problem Deep Gold Platform solves
Deepgold Coin: Gold-Backed RWA Stablecoin & End-to-End DeFi on Base
Deepgold Coin fills a key gap with a fully-backed gold stablecoin for Asia. It is the first compliant real-world asset (RWA) stablecoin tailored to Hong Kong, greater Asia, and the Base blockchain. Each Deepgold token represents one troy ounce of LBMA-certified gold (99.9%+ purity) securely held in a licensed Hong Kong vault. Reserves are regularly audited (e.g. quarterly) to ensure each token is backed 1:1 by physical gold.
Asia has lacked such regulated, asset-backed stablecoins even as global institutional demand for stablecoins hits record highs. Hong Kong regulators (HKMA) are proactively enabling tokenized asset markets and view a regulated stablecoin as a “powerful alternative” with potentially “groundbreaking” impact. Deepgold’s launch on Base aligns with this momentum: it delivers a compliant digital-gold currency just as demand and regulation accelerate.
Built on Coinbase’s Base Layer-2 (a secure, low-cost Ethereum scaling solution), Deepgold leverages advanced cryptography for transparency. A zk-MPC (zero-knowledge multi-party computation) system verifies the physical gold on-chain: verifiers pull detailed vault data and publish cryptographic proofs. This ensures full auditability of the reserves without exposing sensitive vault details, a significant upgrade over manual audits.
Deepgold platform：Full workflow of purchasing, lending via Morpho, and risk hedging
For end-users, the Deepgold platform provides a complete, one-stop experience:
- Physical Gold Purchase: Direct acquisition of allocated gold assets through blockchain-enabled settlement
- Morpho Lending Integration: Automated yield generation through decentralized lending protocols
- AI Risk Management: Agent Toolkit-powered algorithms for dynamic hedging strategies
- Yield Engine: Unique mechanism combining gold leasing revenues and blockchain interest income
This seamless pipeline—from physical gold exposure to yield generation and smart risk control—is unmatched. No other project currently offers a gold-backed stablecoin with verifiable real reserves combined with integrated DeFi access and AI-driven strategy. By combining compliant on-chain gold tokens with built-in yield opportunities and intelligent risk management, Deepgold delivers an all-in-one solution right when demand for transparent, real-world asset finance is surging. Its comprehensive design and timing make it a standout, investor-ready product in the Base ecosystem.
Challenges we ran into
Notable Obstacles and How We Overcame Them
- Navigating Hong Kong’s Regulatory Framework for Gold-Backed Tokens
As one of the first tokenized gold projects in Hong Kong, aligning with evolving Virtual Asset and stablecoin regulations presented a significant legal and procedural challenge. We worked closely with legal counsel and a licensed precious metals custodian to ensure full compliance with Hong Kong’s licensing, audit, and disclosure standards. Establishing an SPV structure and audit-ready workflow with our custodian required multiple iterations and regulator consultations, but ultimately ensures Deepgold meets the city’s expected RWA compliance benchmarks.
- Implementing zk-MPC for Real-World Asset Verification
Integrating zero-knowledge multi-party computation (zk-MPC) to verify physical gold custody on-chain proved technically complex. We had to design a system that retrieves sensitive vault data (such as bar serials and weight) and transforms it into zk-proofs without exposing the raw data or creating attack surfaces. Coordinating between off-chain vault infrastructure and on-chain proof generation involved deep cryptographic work and performance optimization to make it feasible for regular proof publication.
- Building a Seamless Lending + AI Workflow Platform
Developing a unified user experience that covers gold purchase, DeFi lending, and AI-powered risk management was a major engineering challenge. We had to integrate smart contract interactions with Morpho (a leading Base-native lending protocol), while also embedding AgentKit-based AI agents capable of reading wallet data, monitoring positions, and suggesting strategies—all within a user-friendly frontend. Orchestrating this workflow securely and intuitively required tight coordination between smart contract development, frontend UX design, and backend orchestration logic.
Tracks Applied (1)
DeFi
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