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Launching Gold-Backed NFT Lending with Swarm

We’re excited to announce that MetaStreet has partnered with Swarm Markets to launch the first-ever lending pool for Gold NFTs! If you’re an xGold holder on Base, you now have the opportunity to unlock liquidity and financing like never before.

This partnership marks a major milestone in our mission to realize Object-Oriented Finance—transforming static, traditional assets like gold into dynamic, productive tools within decentralized finance (DeFi). By integrating real-world assets (RWAs) with blockchain, we’re not only bridging the gap between TradFi (traditional finance) and DeFi but also creating new opportunities for investors and innovators alike.

What Is Swarm Markets?

Swarm Markets is Europe’s leading blockchain platform for tokenized real-world assets. With a focus on compliance and innovation, Swarm enables users to trade, invest, and borrow against tokenized assets like gold, stocks, and US Treasury bills. Their native token, $SMT, powers the Swarm ecosystem by providing utility and rewards, fostering engagement, and incentivizing activity across the platform.

xGold Lending Pool: Key Details

The MetaStreet lending pool for xGold NFTs is now live, offering a streamlined way to borrow USDC against these unique digital assets.

  • Loan-to-Value (LTV): 70%
  • Borrowing Rate: 10%
  • Network: Base
  • Supported Assets: USDC / xGold NFTs

Borrowers: Unlock Rewards with $SMT

Starting January 7, 2025, xGold NFT borrowers will receive $SMT rewards, covering borrowing costs while earning additional yield. This transforms xGold into a yield-bearing asset, making it more productive and valuable.

Reward Allocation for Q1 2025:
  • Month 1: 250,000 $SMT
  • Month 2: 150,000 $SMT
  • Month 3: 100,000 $SMT

The longer your assets stay in the pool, the more rewards you’ll earn.

Lenders: Earn XP and Boost Returns

USDC lenders are also rewarded through MetaStreet’s points-based incentive program. By depositing at the 70% LTV tick, you can earn:

  • 40 XP per 1,000 USDT deposited per day
  • 10% earn rate

Why This Matters

This collaboration between MetaStreet and Swarm is more than just another lending product—it’s a demonstration of how blockchain can unlock the true potential of RWAs. By turning gold NFTs into productive financial tools, we’re helping create a more inclusive and innovative financial ecosystem.

MetaStreet is committed to expanding the possibilities for DeFi, and Swarm Markets shares our vision of transforming traditional finance into a dynamic, democratized system.

Get Started Today

Explore the xGold lending pool on MetaStreet, and learn more about Swarm Markets and the $SMT token. Together, we’re paving the way for a future where finance works for everyone.

Let’s build a better financial future, one innovation at a time. 🔥