// deGold Pitch Deck — slide components (Part 1: 01-07) const { useEffect: uE, useState: uS } = React; // Shared chrome const SlideChrome = ({num, total=13, section, children, bg="var(--paper)", ink="var(--ink)"}) => (
{/* top bar */}
◆ {section} § {String(num).padStart(2,"0")} / {String(total).padStart(2,"0")}
{children}
{/* bottom bar */}
DGB · pitch · edition 01 · Apr 2026 degold.capital confidential · for discussion
); const Colors = { paper:"#F3EFE6", paper2:"#EAE4D6", ink:"#141210", ox:"#7A1F14", pos:"#3B5A2A" }; // ─── Slide 01 · TITLE ───────────────────────────────────── const S01 = () => (
Series Seed · deck · Apr 2026
a 36-day gold trade, onchain

Real gold.
Real yield.

The first onchain vault that pays gold-denominated yield by running a physical bullion arbitrage — Uganda source, Swiss refinery, LBMA exit. Returns in PAXG, every 36 days.

◆ raising
$2.0M
SAFE · $18M post-cap
use · dev45%
use · legal20%
use · LP seed25%
use · ops10%
deck · 13 slides · 12 minutes ◆ for counterparty + investor review spv · panama · s.a.
); // ─── Slide 02 · PROBLEM ───────────────────────────────── const S02 = () => (
§02 · the problem

$5B of tokenized gold sits idle — tracking spot, paying nothing.

{[ ["PAXG","$2.38B","0% yield","holds bar, tracks spot"], ["XAUT","$1.40B","0% yield","same product, Tether issuer"], ["Matrixdock XAUm","$430M","0% yield","same product, APAC"], ["the rest","$800M+","0% yield","minor issuers"], ].map((r,i)=>(
{r[0]}
{r[1]}
{r[2]}
{r[3]}
))}
{[ ["Meanwhile, DeFi","pays 4–14% on stables, 8–14% on private credit — none on gold."], ["Meanwhile, TradFi","charges 40 bps/yr to hold your gold ETF. GLD pays -0.40%."], ["Meanwhile, gold","ran from $2,630 to $5,300 in 15 months. Central banks bought 1,044 t."], ].map((c,i)=>(
{c[0]}
{c[1]}
))}
); // ─── Slide 03 · SOLUTION ───────────────────────────────── const S03 = () => (
§03 · the solution

A vault that earns gold,
not one that stores it.

Deposit USDT. The vault deploys capital into a documented physical arbitrage — the same trade commodities desks have run for decades. Margin returns as PAXG, every epoch. You hold gold exposure plus a 12–20% yield, in ounces.

{[ ["ERC-4626","standard vault · composable with Pendle, Morpho, Uniswap"], ["Permissionless","no KYC · address-screened onchain · geoblocked US/CN/RU"], ["PAXG yield","real ounces · not synthetic · claim or auto-compound"], ["36-day epochs","transparent cycle · PoF report per epoch · exit via notice or DEX"], ].map((c,i)=>(
§ 03.{String(i+1).padStart(2,"0")}
{c[0]}
{c[1]}
))}
); // ─── Slide 04 · HOW IT WORKS ───────────────────────────── const S04 = () => (
§04 · the cycle

Six steps. 36 days. One margin.

{[ ["01","USDT in","Wallet → vault. 1% auto-routes to Uniswap LP.","day 0"], ["02","Deploy","Vault → Panama SPV → Fargo Srl (IT). USDT wire.","day 1–3"], ["03","Source","Uganda licensed refinery. -8% to spot. Receipts signed.","day 4–12"], ["04","Refine","Argor-Heraeus, Switzerland. LBMA Good Delivery. SN report.","day 13–24"], ["05","Place","Standing buyer book. Spot-price exit. Funds to SPV.","day 25–32"], ["06","Return","Margin converts to PAXG onchain. Yield distributed.","day 33–36"], ].map((s,i)=>(
§ {s[0]}
{s[1]}
{s[2]}
◆ {s[3]}
))}
{[ ["Target margin","11–18%","per epoch · gross"], ["Operator fee","1.5%","of deployed capital"], ["Protocol fee","10%","of realised margin"], ["Depositor APY","12–20%","denominated in PAXG"], ].map((c,i)=>(
{c[0]}
{c[1]}
{c[2]}
))}
); // ─── Slide 05 · MARKET ──────────────────────────────── const S05 = () => (
§05 · market

Two charts. One collision.

◆ gold · spot · 15 months
$5,307 +102%
{[1.0,1.1,1.05,1.18,1.3,1.25,1.4,1.5,1.46,1.6,1.72,1.68,1.82,1.92,2.02].map((v,i,a)=>{ if(i===0)return null; const x1=(i-1)/(a.length-1)*600,x2=i/(a.length-1)*600; const y1=200-(a[i-1]-1)*180,y2=200-(v-1)*180; return ; })} Jan '25 · $2,630 Apr '26 · $5,307
Central banks bought 1,044 t in 2024 — the third consecutive year over 1,000 t. Poland (NBP) alone added 151 t net.
◆ RWA onchain · total
$35.8B +224% vs '24
{[["Private credit",14.5,"$14.5B"],["Treasuries",7.8,"$7.8B"],["Gold",5.0,"$5.0B"],["Equities",0.7,"$0.7B"],["Other",7.8,"$7.8B"]].map(r=>(
{r[0]}
{r[2]}
))}
Gold is the only top-five category paying no yield. We are the first product that fixes that.
SRC · LBMA Q2 2025, World Gold Council, RWA.xyz (Apr 2026), CoinGecko, CoinMarketCap, State of RWA 2025.
); // ─── Slide 06 · WHY NOW ──────────────────────────────── const S06 = () => (
§06 · why now

Every window
is open at once.

{[ ["Macro","Gold at all-time highs. CBs net-buying year 3.","$5,307/oz"], ["Regulatory","Panama SPV + ERC-4626 · clean precedent.","clear"], ["Infra","Pendle, Morpho, Uniswap v4 ready for RWA yield.","live"], ["Supply","African refiner discount persists post-sanctions.","-8%"], ].map((c,i)=>(
§ 06.0{i+1} · {c[0]}
{c[1]}
{c[2]}
))}

Every previous tokenized-gold issuer built a custody product. None built a yield product. The window to be the first to pay real ounces to onchain capital closes when a major issuer wakes up — 12 to 18 months, we estimate.

); // ─── Slide 07 · PRODUCT ───────────────────────────────── const S07 = () => (
§07 · product

The vault is already running.

◆ deGold · vaultETH · 0x45804880…caf78block 21,924,114
● LIVE · testnet epoch 03
{[ ["TVL · testnet","$487K","+3.1% ep"], ["APY realised","17.40%","E-03"], ["share price","1.0273 PAXG","+0.18%"], ["next yield","T-14d 08:12","auto-compound"], ].map((c,i)=>(
{c[0]}
{c[1]}
{c[2]}
))}
22/36 EPOCH 041
epoch · 041 · physical cycle
Fargo · batch 041-B · 18.4 kg. Refining at Argor-Heraeus · est. out 28 Apr. Market placement scheduled 02–05 May. PoF report due 04 May.
◆ proof of funds · E-040
Signed by F. Rinaldi, CFO · Fargo Srl · 14 Apr 2026
IPFS · bafy…8h9qa2 · onchain 0xa2…91cc
◆ screenshot · testnet deployment · Sepolia · audited Feb 2026 (Pashov) · mainnet target Q3 2026.
 ); Object.assign(window, { S01, S02, S03, S04, S05, S06, S07, SlideChrome, Colors });