A Decentralized
Financial Ecosystem
Built on Auditable
Physical Gold

A Decentralized Financial
Ecosystem Built on Auditable
Physical Gold

$GOLD

The New Standard in Tokenized Gold RWA’s

Backed 1:1 with one troy ounce of physical vaulted gold, $GOLD features wholesale spot gold market liquidity, ETF-level auditing & full redemption facilities, inheriting the stability of physical gold in a tokenized form that unlocks new capabilities for the world’s oldest money.

Secure

Redeemable

Liquid

CORE PROTOCOLS

Bringing Everyday Utility to Gold
Through Trustless Protocols

Bringing Everyday Utility to Gold Through Trustless Protocols

$GOLD receives its currency utility through an integrated suite of permissionless DeFi protocols, allowing users to trade, borrow and earn yield on their $GOLD holdings.

Developed as ecosystem public goods, Alchemy’s core protocols are designed to provide the bedrock for third-parties to permissionlessly build on top of the stability of $GOLD.

Yield Protocol

By staking $GOLD, users can earn a stable yield on their holdings which are generated by the Yield Protocol through multiple streams including cross-market arbitrage, underlying asset lending & ecosystem fees.

Credit Protocol

The Credit Protocol allows users to deposit their $GOLD and use it as collateral which can then be borrowed against. Deposited assets earn algorithmically-set variable interest rates paid by borrowers.

Liquidity Protocol

Tokens paired with $GOLD and deposited to the Liquidity Protocol’s pools are made available as liquidity for other users to trade with, earning a share of the fees that are charged to users for each swap.

Synthetics Protocol

Deposited $GOLD can be used as collateral to mint synthetic assets that track the value of another asset, allowing investors to gain exposure to a wide range of asset classes using their $GOLD as collateral backing.

Yield Protocol

Credit Protocol

Liquidity Protocol

Synthetics Protocol

Alchemy L2

Backed by $GOLD and secured by Ethereum, Alchemy L2 is an Ethereum optimistic rollup that serves as a decentralized base layer for the Alchemy ecosystem. Built on the OP-Stack and featuring $GOLD as its native gas token, Alchemy L2’s low-fee and high-throughput environment allows developers to build on top of $GOLD’s stability and for consumers to use $GOLD at the speed of light.

Built For Everyone

Easy to use with low fees, high throughput, gas sponsorship and native account abstraction

$GOLD as Native Gas

Transaction fees are paid in $GOLD, creating novel fee-burn mechanics that benefit the wider ecosystem

Secured by Ethereum

Transactions are batched, rolled up and posted to the Ethereum L1 using native blobs for high security DA

Alchemy VAULT

Reimagining Personal Finance
with Alchemy Vault

Reimagining Personal Finance with Alchemy Vault

Debank yourself with Alchemy Vault, a trustless self-custodial mobile app that
serves as your portal to a new world of personal finance backed by $GOLD.

Debank yourself with Alchemy Vault, a trustless self-custodial mobile app that serves as your portal to a new world of personal finance backed by $GOLD.

Self Custody

Assets stored in your Alchemy Vault wallet are fully self-custodial and feature customizable security and recovery options for peace of mind.

Protocol Integrations

Alchemy Vault integrates directly with the ecosystem’s core protocols to offer payments, borrowing, trading and more all from a single, easy-to-use interface

Debit Cards

Connect your wallet to an Alchemy Pay card and auto-borrow against your $GOLD holdings in real-time to pay in-store or online with Apple/Google Pay.

The alchemy ecosystem

A Vertically-Integrated
Stack Designed to Bring
Back the Gold Standard

A Vertically-Integrated Stack
Designed to Bring Back the Gold
Standard

A Vertically-Integrated
Stack Designed to Bring
Back the Gold Standard

The Alchemy ecosystem has been architected from the ground up as a vertically-integrated, decentralized and interoperable stack, with each layer playing a crucial role in our mission to bring gold back as a currency.

ASSET LAYER

$GOLD

Physical vaulted gold wrapped in a new secure, audited, redeemable and liquid form factor through tokenization.

TRANSACTION LAYER

Alchemy L2

The computational gold-backed bedrock that $GOLD-native financial protocols can be built upon with stability.

utility LAYER

Core Protocols

Permissionless financial protocols deployed on Alchemy L2 that bring fiat-level utility to $GOLD through DeFi.

APPLICATION LAYER

Alchemy Vault

A next-generation mobile finance app providing easy access to $GOLD utility, powered under the hood by Alchemy’s onchain suite of core ecosystem protocols.

ASSET LAYER

$GOLD

Physical vaulted gold wrapped in a new secure, audited, redeemable and liquid form factor through tokenization.

TRANSACTION LAYER

Alchemy L2

The computational gold-backed bedrock that $GOLD-native financial protocols can be built upon with stability.

utility LAYER

Core Protocols

Permissionless financial protocols deployed on Alchemy L2 that bring fiat-level utility to $GOLD through DeFi.

APPLICATION LAYER

Alchemy Vault

A next-generation mobile finance app providing easy access to $GOLD utility, powered under the hood by Alchemy’s onchain suite of core ecosystem protocols.

ASSET LAYER

$GOLD

Physical vaulted gold wrapped in a new secure, audited, redeemable and liquid form factor through tokenization.

TRANSACTION LAYER

Alchemy L2

The computational gold-backed bedrock that $GOLD-native financial protocols can be built upon with stability.

utility LAYER

Core Protocols

Permissionless financial protocols deployed on Alchemy L2 that bring fiat-level utility to $GOLD through DeFi.

APPLICATION LAYER

Alchemy Vault

A next-generation mobile finance app providing easy access to $GOLD utility, powered under the hood by Alchemy’s onchain suite of core ecosystem protocols.

$ALCHEMY

The $ALCHEMY Token

$ALCHEMY is a fixed-supply deflationary token designed to reward early ecosystem supporters and participants through a range of unmatched utility benefits including core protocol fee sharing, $GOLD yield boosters and automatic token allocations in early-stage projects built on Alchemy L2.

Earn

Stake your $ALCHEMY to earn a cut of all fees paid to Alchemy’s core ecosystem protocols.

Boost

Lock staked $ALCHEMY for longer to boost your $GOLD yields & enjoy zero gas fees on Alchemy L2.

Burn

Sequencer fees paid in $GOLD are used to buyback & burn $ALCHEMY tokens, permanently reducing supply.

Launch

Earn allocations in new ecosystem projects through Forge, a next-gen launchpad built on $GOLD yield.

Roadmap

Explore the journey ahead for the Alchemy ecosystem

Q1 2025

$ALCHEMY Private Sale
Alchemy Vault Open Beta
$GOLD Staking

Q2 2025

$ALCHEMY Public Sale
Alchemy L2 Incentivized Testnet
$ALCHEMY TGE

Q3 2025

Alchemy Vault v1
$ALCHEMY Staking
Credit, Yield & Liquidity Protocols

Q4 2025

Alchemy L2 Mainnet Launch
$ALCHEMY Airdrop
$ALCHEMY Incentives S1

H1 2026

Synthetics Protocol
Alchemy Vault v2
Alchemy Forge

FAQ’s

Dive into the Alchemy ecosystem and learn more about how it all works.

Alchemy utilizes an optimistic rollup. How does this architecture mitigate the inherent risks associated with optimistic rollup technology, such as fraud proofs and challenge periods, while ensuring the stability and security of $GOLD and the broader ecosystem?

Alchemy's optimistic rollup design incorporates several key safeguards to mitigate these risks. First, rigorous auditing of the $GOLD backing and smart contracts is conducted by reputable third-party firms. Second, the system uses a sophisticated fraud-proof mechanism and a robust challenge period to ensure accuracy and prevent malicious activity. Successful challenges are rewarded, while unsuccessful attempts incur penalties, fostering network integrity. Finally, the decentralized nature of the system, with its community governance, helps to diffuse any single point of failure, enhancing overall security. The combination of these approaches aims to balance speed and scalability with security, minimizing the risk for $GOLD and the ecosystem.

The AAP (Automated Arbitrage Protocol) aims to maintain price parity between $GOLD and physical gold. Explain the potential vulnerabilities in this system and what mechanisms are in place to prevent manipulation or exploitation?

While the AAP strives for price parity, potential vulnerabilities exist. For instance, a sudden, significant movement in the physical gold market could momentarily create an arbitrage opportunity before the AAP reacts. Furthermore, if a sufficiently large actor were to manipulate either the physical gold market or the $GOLD market, they could potentially influence the price relationship. However, to mitigate these risks, the AAP employs robust, real-time data feeds and incorporates built-in safeguards against large-scale manipulation. Transparency of the AAP's operations and decentralized governance also serve as checks and balances, making it more difficult for a single entity to successfully manipulate the system.

Alchemy Forge relies on $GOLD staking for project funding. What measures are in place to prevent the selection of low-quality projects or the potential for collusion or manipulation within the governance process?

Alchemy Forge leverages community governance to filter poor-quality projects. Project proposals are subject to voting by $ALCHEMY stakers, ensuring that only projects with community support are funded. Additionally, the system employs transparency and clear criteria for project assessment. The system's design aims to minimize manipulation risk, but perfect prevention is difficult. Continuous monitoring and improvements to the governance process based on community feedback and security audits are crucial to mitigate these risks and improve the quality of funded projects over time.

Synthetics on Alchemy expose users to the value of underlying assets without direct ownership. How does the protocol manage risk associated with oracle manipulation, liquidation events, and potential systemic vulnerabilities stemming from the interconnectivity of different synthetic assets?

The synthetic asset protocol employs multiple strategies to mitigate these risks. Multiple, reputable oracles are used to minimize the impact of a single source failing or being compromised. Rigorous risk management, including dynamic health factors and automated liquidation mechanisms, helps prevent catastrophic losses. Furthermore, careful design of the synthetic assets and the protocol minimizes the systemic risk inherent in their interconnectedness. However, no system can eliminate all risks completely; continuous monitoring, audits, and community feedback are essential for refining these risk mitigation measures.

The Alchemy Vault is designed as a non-custodial solution but integrates fiat on/off ramps. How does the project reconcile user control and security with the integration of trusted third parties?

Alchemy Vault aims to maintain user control and security by integrating third-party services in a non-custodial manner. User funds primarily reside in their self-custody wallets on the Layer 2 chain, offering maximum control. Trusted third-party providers facilitate fiat transactions, but these integrations are carefully vetted and monitored to minimize risks. Regular security audits and a strong focus on transparency help ensure user assets remain protected.

Alchemy's decentralized exchange (DEX) relies on liquidity pools. What happens if a pool becomes severely imbalanced due to market conditions or large trades? What is the mechanism for rebalancing the pools?

The DEX utilizes an automated arbitrage mechanism. Severe imbalances can create arbitrage opportunities. When an imbalance occurs, incentivized market participants and the AAP react by correcting the imbalance, restoring equilibrium to the liquidity pools. This mechanism is designed to maintain reasonable liquidity across the platform. However, there is a risk that significant, temporary imbalances might persist, which could potentially lead to temporary slippage issues. Thus, continuous monitoring and potential adjustments to the system's parameters are important aspects of its long-term stability.

The $ALCHEMY tokenomics involve burning a portion of fees. How does this deflationary mechanism impact the token's long-term value and its relationship to the overall health and growth of the Alchemy ecosystem?

The burning mechanism increases $ALCHEMY scarcity over time, potentially increasing its value. However, this must be balanced with ecosystem growth. Rapid growth might offset the deflationary pressure. The effectiveness depends on various factors, including ecosystem adoption, transaction volume, and the rate of $ALCHEMY distribution through staking and other incentives. Constant monitoring and adaptability are crucial to manage this deflationary pressure effectively and ensure a healthy balance between $ALCHEMY value appreciation and ecosystem growth.

Alchemy’s bridge facilitates cross-chain interactions. What security considerations have been made?

Alchemy uses proven third party trusted bridging partners, and there will always be a backup parachute mechanism to recover funds to Ethereum if the L2 ever has issues.

Team