> For the complete documentation index, see [llms.txt](https://docs.theo.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.theo.xyz/platform/thgold.md).

# thGOLD

thGOLD is a tokenized yield-bearing gold product delivers delta one spot gold exposure without vaulting costs while generating \~2-4% annual yield through gold lending to established gold retailers. The product enables 24/7 trading and full onchain composability.

**Early Access:** thGOLD is launching with capped whitelisted early access as the underlying fund scales. Apply for access [here](https://theo.xyz/thgold).

### Use Cases

**For Individual Investors:** Access yield-bearing gold exposure with full onchain composability. Earn approximately 2-4% annually while using thGOLD as collateral without paying vaulting costs.

**For Institutions:** Seamless onchain gold exposure without the operational complexity of physical custody or managing multiple platforms.

**For DeFi:** A yield-bearing commodity primitive for lending protocols, collateral, or sophisticated strategies like delta-neutral positions.

### Technical Specifications

**Token Standard:** ERC-20 with operator-controlled mint/burn

**Smart Contracts:**

* thGOLD Token: Mint/burn restricted to authorized operator
* Minting Contract: Accepts USDC, records mint requests, manages whitelist verification
* Access Control: Whitelist registry or integration with existing KYC system