Yield to Price

$ART represents a yield-generating asset based on a diversified portfolio of gold-related assets. Its returns do not stem solely from the price fluctuations of physical gold but from the overall value increase and income generated by the asset portfolio. This portfolio typically includes holdings of physical gold, gold-linked financial derivatives, mining revenue rights, bonds and structured financial instruments.

ART employs a Yield Reflection Mechanism whereby the investment returns generated by its underlying asset portfolio are directly embedded into the portfolio’s net asset value (NAV) and therefore directly reflected in $ART’s market price. Since we periodically publish the NAV of the underlying asset portfolio and use this NAV-based price for subscription and redemption, the price of $ART in the secondary market will also reflect its net asset value. This mechanism ensures that $ART’s market price remains roughly aligned with the real value of its backing assets, promoting price transparency, simplifying investment and enhancing liquidity in the secondary market.

To ensure the smooth operation of the trust, redemptions may only be opened once a year. During the periods when redemptions are closed, the token price may deviate from its net asset value (NAV), providing arbitrage opportunities for users. This mechanism helps balance liquidity and price stability while incentivizing market participants to align price with NAV. GoldFinger foundation will also actively participate in arbitrage and maintaining price stability.

The value of $GF lies in its role as a key token for participating in ecosystem governance. By holding $GF, users gain the right to influence important decisions and contribute to the sustainable development of the ecosystem. Meanwhile, the Foundation generates revenue through activities such as trade consulting, arbitrage and other business operations. A portion of these proceeds is used to buy back $GF tokens on the open market, effectively reducing supply and creating value appreciation. This buyback mechanism ensures that $GF holders benefit directly from the Foundation’s ongoing commercial success, aligning the interests of the community and the Foundation.

Additionally, all yield and buyback activities are reflected in on-chain data and are disclosed in regular audit and transparency reports, ensuring all participants have access to up-to-date protocol financials.