// deGold Landing — part 2 (Proof, Social proof, Risk, FAQ, Footer + Wallet modal) const { useState: uL2S, useEffect: uL2E } = React; // ─── Proof of Funds panel ───────────────────────────── const Proof = () => (
§ proof of funds

Every bar, every serial,
every epoch.

The operator’s CFO signs a Proof of Funds report at the end of every epoch. It lists bar serial numbers, refinery receipts, buyer invoices, and the net margin. Posted to IPFS; hash written onchain.

→ PoF · E-040 (signed) · bafy…8h9qa2
→ PoF · E-039 · bafy…2k1r9x
→ PoF · E-038 · bafy…ze4n7p
◆ PoF · E-040 · excerpt signed 14 Apr 2026 · 09:14 CET
{`SN REFINER FINENESS WEIGHT BUYER SPOT($) EXIT($) MARGIN 19-34-081 Argor-Heraeus 995.0 400.12 oz Heraeus DE $5,307 $5,312 +$2,001 19-34-082 Argor-Heraeus 995.0 400.08 oz Heraeus DE $5,307 $5,311 +$1,600 19-34-083 Argor-Heraeus 995.0 399.94 oz Valcambi CH $5,307 $5,309 +$799 19-34-084 Argor-Heraeus 995.0 400.02 oz Heraeus DE $5,307 $5,313 +$2,400 19-34-085 Argor-Heraeus 995.0 399.88 oz Stonex US* $5,307 $5,310 +$1,199 ─────── 5 bars · 2,000.04 oz · batch 040-B · net to vault: +$7,999 * US buyer OFAC-screened pre-shipment. All invoices on file. Signed: F. Rinaldi, CFO · Fargo Srl · keccak 0xa2c9…91cc`}
{/* Mobile-only card list */}
{[ ["19-34-081","400.12 oz","Heraeus DE","+$2,001"], ["19-34-082","400.08 oz","Heraeus DE","+$1,600"], ["19-34-083","399.94 oz","Valcambi CH","+$799"], ["19-34-084","400.02 oz","Heraeus DE","+$2,400"], ["19-34-085","399.88 oz","Stonex US*","+$1,199"], ].map((r,i)=>(
{r[0]} {r[3]}
Argor-Heraeus · 995.0 · {r[1]} → {r[2]}
))}
5 bars · 2,000.04 oz +$7,999
* US buyer OFAC-screened pre-shipment. All invoices on file.
Signed: F. Rinaldi, CFO · Fargo Srl · keccak 0xa2c9…91cc
); // ─── Social proof ────────────────────────────────────── const Social = () => (
§ what depositors say
{[ ["“Finally an RWA product where I can verify the asset. The bar serials check out against Argor’s public registry.”","0xhae…c2","depositor · E-02 onwards · $180K"], ["“The 40-day notice sounded annoying. Then I sold gVault on Pendle in one block at 99.4% of NAV. Done.”","0x74e…92f","depositor · E-03 · $45K"], ["“PoF report is as dry as a prospectus. That is exactly why I parked size here.”","0xc11…8aa","family office · E-01 onwards · $620K"], ].map((q,i)=>(
{q[0]}
{q[1]}
{q[2]}
))}
{[[String(MOCK.social.depositorCount),"verified depositors"],[String(MOCK.social.cleanEpochs),"clean epochs · PoF on time"],[MOCK.labels.tvl,"TVL · mainnet"],[String(MOCK.social.liquidations),"liquidations · incidents"]].map((c,i)=>(
{c[0]}
{c[1]}
))}
); // ─── Risk (honest) ───────────────────────────────── const Risk = () => (
§ risks, stated

Read this before you deposit.

A 12–20% gold-denominated yield is only possible because real risk exists. We do not use the word ‘safe.’ Every risk below is disclosed at deposit, on the same screen as the amount field.

{[ ["Counterparty · Fargo","Operator default or delayed settlement can cost up to one epoch of yield, or principal in worst case.","HIGH"], ["Sovereign · Uganda","License revocation blocks one epoch. Secondary sources (Tanzania, Ghana) on bench.","HIGH"], ["Securities classification","gVault is not a security under Panama law (opinion on file). US users are geoblocked on-contract.","HIGH"], ["Smart contract","Audited by Pashov (Feb ’26). OZ audit pending. Pause + timelock. $1M bug bounty.","MEDIUM"], ["Custody · PAXG","Paxos issuer risk. XAUT fallback route in the vault.","MEDIUM"], ["Liquidity","40-day notice window. DEX / Pendle route may trade below NAV under stress.","MEDIUM"], ].map((r,i)=>(
{r[0]}
{r[1]}
{r[2]}
))}
); // ─── FAQ ───────────────────────────────── const FaqItem = ({q,a}) => { const [o,setO] = uL2S(false); return (
{o &&
{a}
}
); }; const FAQ = () => (
§ questions

Good questions.
Direct answers.

{[ ["Is my USDT actually turned into gold?","Yes. The Panama SPV wires USDT to Fargo Srl in Milan on day 1 of the epoch. By day 24, the bars exist, serial-stamped, at Argor-Heraeus in Switzerland. PoF lists each one."], ["What if Fargo defaults or disappears?","You lose up to one epoch of yield, and in a worst case, principal. We diversify operators starting at $20M TVL, run monthly PoF, and keep escrow against deployed capital. This is the HIGH risk in §Risk — read it."], ["Why 40-day notice to withdraw?","The physical cycle is 36 days, plus 4 days of buffer. If you need out sooner, sell gVault on Uniswap v4 or Pendle — any block. Price is typically 99.2–99.8% of NAV."], ["Is this a security? Can a US person deposit?","gVault is a vault share, not a security, under Panama law (opinion on file). US, China, and Russia IPs are geoblocked at the front-end and on-contract via address screening."], ["What happens if gold crashes 30%?","Your PAXG is worth 30% less in dollars — but you still have the same ounces. The vault margin is spread-based (source discount vs exit spot), not directional, so yield in PAXG continues. This is why we denominate in ounces."], ["How does the 1% LP auto-seeding work?","Of every deposit, 1% routes to a Uniswap v4 gVault/USDT pool. This gives you an instant exit path without the 40-day notice, at the cost of a small spread. You keep LP fees."], ["Why should I trust the APY numbers?","You shouldn’t. Read the PoF report for E-01, E-02, E-03. Verify bar serials against Argor’s registry. The numbers above are what happened; future numbers are subject to §Risk."], ].map((f,i)=>)}
); // ─── Final CTA ──────────────────────────────── const FinalCTA = ({onOpen}) => (
§ the vault is open

Every 36 days,
the vault turns gold.

Epoch 041 · day 22 of 36 · 17.40% APY · $180K capacity remaining before cap. Next yield distribution in 14 days.

supports · Metamask · Rabby · Ledger · WalletConnect
min deposit · $500 · max · cap-limited · fees disclosed
not available in US, China, Russia
); // ─── Footer ──────────────────────────────── const LFooter = () => ( ); // ─── Wallet modal ──────────────────────────────── const WalletModal = ({open, onClose}) => { const [step, setStep] = uL2S(0); const [amt, setAmt] = uL2S(10000); const [ack, setAck] = uL2S(false); uL2E(()=>{ if(open) setStep(0); setAck(false); }, [open]); if (!open) return null; return (
e.stopPropagation()} style={{width:520,maxWidth:"100%",background:Colors.paper,border:"1px solid var(--ink)",fontFamily:"var(--font-sans)"}}>
◆ deposit · step {step+1} / 3
{step===0 && (

Connect your wallet

Non-custodial. You sign every transaction. We never see your seed phrase.

{["Metamask","Rabby","WalletConnect","Ledger (hardware)"].map(w=>( ))}
By connecting, your address is screened against OFAC/UN/EU lists. US, China, Russia IPs are blocked.
)} {step===1 && (

How much USDT?

deposit
setAmt(+e.target.value)} style={{width:"100%",fontSize:40,fontFamily:"var(--font-mono)",letterSpacing:"-.02em",background:"none",border:"none",outline:"none",marginTop:6}}/>
USDT · min $500 · balance 48,210 USDT
gVault shares received{(amt/1.0273).toFixed(4)}
to LP · 1%${(amt*0.01).toFixed(0)}
next yield · projected+${(amt*0.174*36/365).toFixed(0)} in 14d
exit40d notice · or DEX
)} {step===2 && (

Acknowledge & sign

This vault can lose money. Fargo can fail. The contract can be exploited. Uganda can revoke the license. You may wait 40 days to withdraw. Do not deposit capital you cannot afford to have tied up for two epochs.
)}
); }; Object.assign(window, { Proof, Social, Risk, FAQ, FinalCTA, LFooter, WalletModal });