GoldPesa Option

GPO Price

What Is GoldPesa Option (GPO)?
The GoldPesa Option Token (GPO) is an exotic call option with a moving strike price. Each GPO token represents an option to purchase 1 newly minted GPX token at spot gold price + 1%.

What Is GoldPesa (GPX)?
The GPX token has been designed to act as a hybrid token, initially minted and sold at spot gold price + 1%. Hybrid tokens are generally pegged to other assets or currencies. They are collateralised and float in price with an expected premium, due to the earnings aspect of the GPX token. 1 GPX is backed by 1 gram of physical gold.

How Can A Gold-Backed Token Trade At A Premium?
GoldPesa invests 50% of all fees in a brokerage account managed by the PAWN, a proprietary and highly intelligent trading algorithm. Profits generated by the PAWN are used to buy back and then burn GPX tokens from the market, which rewards token holders by creating demand and reducing supply at the same time. This model effectively creates earnings on an asset class (gold) that generally does not have any earnings. Based on traditional finance, by creating earnings, we can expect the market to trade GPX at some multiple of the earnings and therefore will result in GPX being traded at a premium depending on the performance of the Pawn, our proprietary and highly intelligent trading algorithm.

It's important to note that GPX token holder's gold remains unencumbered at all times as we risk our own fees/capital for the benefit of token holders, resulting in tokens which have the characteristics of a DeFi gold-backed structured product. As GPX begins to trade at a premium, the intrinsic value of the GoldPesa Option token (GPO) will also increase naturally as it is correlated to the premium of GPX.

GPX Token Minting
GoldPesa Option (GPO) holders have the ability to exercise their option and purchase newly minted GPX tokens at spot gold price + 1%.

GPX Secondary Market
Once minted, GPX tokens will be available on a number of decentralised and centralised exchanges where investors can purchase it in the secondary market at an expected premium depending on the performance of the PAWN, our proprietary intelligent trading algorithm.

How many GPO tokens are there in circulation?
GPO launched on Oct 12, 2021 with a hard cap of 100 million GPO tokens created at genesis. GPO also has a wallet hard cap of 100,000 GPO per wallet.

Who Are The Founders Of GoldPesa?
GoldPesa is the brainchild of developer and computer engineer Shamik Raja who has extensive experience in digital signal processing, programming, commodities and quantitative science.

Between 2001 and 2006, Raja earned a degree in Electrical & Computer Engineering from the University of British Columbia in Canada. Over the years Raja has focused on research involving the application of principals in digital signal processing to create an automated commodity-buying system that uses algorithmic calculations to navigate complex international commodity and currency markets.

GoldPesa is an amalgamation of Raja’s 8 years experience in the precious metals sector combined with over 20 years experience in quantitative science and engineering.

Where Can I Buy GPO?
GPO can be purchased on the [GoldPesa](https://app.goldpesa.com/) decentralized exchange power by Uniswap. GoldPesa has coded an advanced dynamic liquidity protocol, using Uniswap V3. The code places liquidity in concentrated ranges which rebalance automatically based on machine learning models, resulting in steady growth, price protection and lower slippage.

Where can you buy GoldPesa Option?

GPO tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade GoldPesa Option is Uniswap V3 (Polygon), where the most active trading pair GPO/USDC has a trading volume of $5,555.87 in the last 24 hours.

What is the daily trading volume of GoldPesa Option (GPO)?

The trading volume of GoldPesa Option (GPO) is $5,554.59 in the last 24 hours, representing a -68.90% decrease from one day ago and signalling a recent fall in market activity.

What is the all-time high for GoldPesa Option (GPO)?

The highest price paid for GoldPesa Option (GPO) is BTC0.00006398, which was recorded on Aug 31, 2023 (about 1 year). Comparatively, the current price is -46.90% lower than the all-time high price.

What is the all-time low for GoldPesa Option (GPO)?

The lowest price paid for GoldPesa Option (GPO) is BTC0.0₆3656, which was recorded on Aug 12, 2024 (about 1 month). Comparatively, the current price is 4,199.00% higher than the all-time low price.

What is the fully diluted valuation of GoldPesa Option (GPO)?

The fully diluted valuation (FDV) of GoldPesa Option (GPO) is BTC1,582.8019. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Million GPO tokens are in circulation today. Depending on how the emission schedule of GPO tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of GoldPesa Option compare against its peers?

With a price increase of 9.40% in the last 7 days, GoldPesa Option (GPO) is outperforming the global cryptocurrency market which is up 0.70%, while outperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.

How to add GoldPesa Option (GPO) to MetaMask?

Adding GoldPesa Option (GPO) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import GPO as a token. You can copy GPO’s contract address (0x0308a3a9c433256ad7ef24dbef9c49c8cb01300a) and import it manually, or if you've installed MetaMask's chrome extension, add GPO to MetaMask with one click on CoinGecko.

Add GPO to MetaMask.