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Golden Pact whitepaper

Golden Pact: DeFi 3.0 Non-Stablecoin Dual-Pegged to Gold and Bitcoin

The Golden Pact whitepaper was written and published by the core Golden Pact team in 2024, against the backdrop of rapid digital economy development and growing demand for decentralized trust mechanisms, aiming to address pain points such as lack of trust and inefficiency in existing digital protocols.


The theme of the Golden Pact whitepaper is “Golden Pact: Building a Trustworthy and Efficient Decentralized Protocol Ecosystem.” Golden Pact’s uniqueness lies in its proposed “federated smart contract” mechanism and its technical roadmap of “multi-chain interoperability” to achieve seamless asset and data flow; the significance of Golden Pact is to lay the foundation for cross-chain collaboration of decentralized applications (DApps) and significantly enhance the liquidity and security of digital assets.


Golden Pact’s original intention is to build an open, fair, and highly autonomous digital value exchange network. The core viewpoint expressed in the Golden Pact whitepaper is: by combining the “federated governance model” and “zero-knowledge proof” technology, it achieves a balance between decentralization, scalability, and privacy protection, thereby realizing a truly inclusive and efficient next-generation digital protocol platform.

Interested researchers can access the original Golden Pact whitepaper. Golden Pact whitepaper link: https://golden-pact.gitbook.io/golden-pact/

Golden Pact whitepaper summary

Author: Luca Ferraro
Last updated: 2025-10-03 02:50
The following is a summary of the Golden Pact whitepaper, expressed in simple terms to help you quickly understand the Golden Pact whitepaper and gain a clearer understanding of Golden Pact.

What is Golden Pact

Friend, imagine the banking system we use today—it's controlled by nations or big corporations, transfers can be slow, and fees are high. In the blockchain world, everyone is trying to build a freer, more transparent, and more efficient “digital bank.” Golden Pact (GOT for short) is one such ambitious project, positioning itself as a “DeFi 3.0 protocol.”

DeFi 3.0 protocol—you can think of it as the third generation of decentralized finance systems. If the first generation was simple lending, and the second generation brought more complex financial mechanisms, then the third generation focuses more on sustainability, asset authenticity, and broader applications. Golden Pact aims to build a global, decentralized, stable, and transparent financial payment ecosystem.

Its core feature is the launch of a token called the “algorithmic non-stablecoin” GOT. You might ask, what is a stablecoin? A stablecoin is a cryptocurrency with a relatively stable price, usually pegged to fiat currencies like the US dollar. But GOT is a bit different—it’s called a “non-stablecoin” because it’s not simply pegged 1:1 to any fiat currency. Instead, it uses a set of smart computer programs (algorithms) to regulate its supply, and backs its value with two “hard currencies”—digital gold (Bitcoin, BTC) and real gold (PAXG). This is like giving the GOT token double insurance, hoping to keep its value relatively stable amid volatility, but not as rigidly fixed as traditional stablecoins.

In short, Golden Pact wants to provide a digital platform that makes it easier for you to manage digital assets, conduct low-cost cross-border payments, and even offer some wealth management services.

Project Vision and Value Proposition

Golden Pact’s vision is to lead the DeFi 3.0 revolution, offering freer, safer, and more transparent financial solutions, driving the decentralization of global finance, and ushering in a new era of global financial services.

The core problems it aims to solve are:

  • Pain points of traditional finance: Such as high costs and low efficiency of cross-border payments, and trust issues brought by centralized systems.
  • Shortcomings of existing stablecoins: Traditional centralized stablecoins may have risks like non-transparent reserves and single-point control; while some purely algorithmic stablecoins (like LUNA) can collapse in extreme market conditions due to lack of real value backing, falling into a “death spiral.”

Golden Pact believes its uniqueness lies in not being just another simple stablecoin experiment, but a decentralized economic ecosystem built on a “dual-track gold standard” (real gold PAXG and digital gold BTC) and a DeFi 3.0 economic model. It attempts to solve the stablecoin “impossible trinity”—achieving decentralization, price stability, and capital efficiency all at once. You can think of it as wanting to be like gold in the digital world (store of value), like Bitcoin (freely circulating), and like a bank (providing services), with everything governed by code, not any institution.

Technical Features

Golden Pact’s main technical features include:

  • Dual value anchoring: This is its core. Unlike some stablecoins that only peg to the US dollar, it uses both real gold (PAXG) and digital gold (Bitcoin, BTC) as reserve assets to support its value. It’s like your digital wallet is backed not only by digital currency, but also by gold in the vault and the world’s most recognized digital asset as double protection.
  • Smart algorithmic stability: Golden Pact uses intelligent algorithmic mechanisms to automatically adjust token supply and demand, striving to ensure long-term price stability. This means it acts like a smart steward, automatically adjusting according to market conditions to keep the GOT token price within a relatively stable range.
  • Blockchain technology and smart contracts: The entire system is built on blockchain technology, using smart contracts to execute various rules and transactions. You can think of smart contracts as protocols written on the blockchain that execute automatically when conditions are met, without human intervention, ensuring transparency and immutability.
  • Transparent reserves and auditing: The project claims its reserve assets are fully transparent and subject to real-time audits by authoritative institutions, such as CertiK (a well-known blockchain security company). It’s like your digital vault is not only publicly transparent, but also regularly checked by professional third-party institutions to ensure everything is real and reliable.

Tokenomics

The main token in the Golden Pact ecosystem is GOT, an “algorithmic non-stablecoin.”

  • Token symbol: GOT
  • Issuing chain: According to CoinMarketCap, its contract address links to bscscan.com, indicating it likely runs on Binance Smart Chain (BSC).
  • Token type: Algorithmic non-stablecoin.
  • Reserve assets: Dual support from gold (PAXG) and Bitcoin (BTC).
  • Other tokens: As the ecosystem develops, a “gold stablecoin” GOLDT will also be launched.
  • Total supply and circulation:
    • Maximum supply is 6,278,028 GOT.
    • Self-reported circulating supply is 1,616,714 GOT.
    • Current market cap is about $143 million (CoinStats), or self-reported about $32 million (CoinMarketCap). Note that market cap data may differ between sources, and circulating supply is self-reported by the project and should be independently verified.
  • Token utility:
    • During the “traffic introduction phase,” users can earn rewards by staking GOT. Staking is like locking your tokens in the network to help maintain its security while earning returns.
    • GOT tokens will be used in digital asset platforms, cross-border payment solutions, and wealth management services.
  • Inflation/burn, allocation, and unlocking: Currently available information does not clearly disclose the specific inflation/burn mechanisms, detailed token allocation plans, or unlocking schedules for GOT.
  • Remember, tokenomics are key to a project’s long-term health, so keep an eye on its detailed rules.

    Team, Governance, and Funding

    Regarding the Golden Pact project team, public information mentions some names, such as David Warner (CEO & Founder), Alina Smith (Co-Founder), etc. However, these appear on generic template pages, and their authenticity and detailed backgrounds have not been fully verified in current search results. Thus, there is a lack of solid public details about the core members’ backgrounds, team characteristics, and experience.

    As for governance mechanisms, current information does not specify what kind of decentralized governance model Golden Pact will adopt (e.g., whether decisions are made via DAO voting, etc.).

    Regarding the project’s treasury size and funding runway, no specific public data has been found so far. These are important for assessing the project’s long-term sustainability.

    In the blockchain world, a transparent and experienced team, clear governance structure, and healthy funding are all key factors for a project’s success. These are aspects that require in-depth research and understanding when evaluating any project.

    Roadmap

    Golden Pact’s roadmap is divided into several phases, with some historical and future plans:

    Key historical milestones and events:

    • 2023: Project launch and team formation, market research and needs analysis, technical architecture design, strategic partnerships, initial platform development.
    • 2024: Completion of first technical prototype, smart contract deployment and testing, token issuance preparation, cross-border payment development.

    Future major plans and milestones (by phase):

    • Traffic introduction phase: Issue GOT algorithmic non-stablecoin, users can earn rewards by staking.
    • Ecosystem introduction phase: Launch Golden Stablecoin Miner (gold stablecoin mining machine), produce GOLDT gold stablecoin, and build a global decentralized payment system based on Golden Anchor Token.
    • Ecosystem deployment phase: Promote sustainable financial models and accelerate the development of global high-value payment settlement services.
    • Long-term plans: Introduce new financial instruments, integrate into the global financial ecosystem, expand decentralized finance (DeFi) applications, and develop a global compliance framework.

    The roadmap is like a map guiding the future, showing the project’s direction and key milestones. But remember, any roadmap may be adjusted due to market changes or technical challenges.

    Common Risk Reminders

    Friend, any emerging blockchain project comes with both opportunities and risks, and Golden Pact is no exception. Before considering any participation, be sure to understand the following:

    • Technical and security risks:
      • Algorithmic stability challenges: Although Golden Pact uses dual anchoring and smart algorithms, the stability mechanism of “algorithmic non-stablecoins” is very complex and may still face challenges in extreme market conditions. There have been cases of purely algorithmic stablecoins collapsing in history.
      • Smart contract vulnerabilities: Any smart contract may have unknown vulnerabilities. If attacked, it could lead to asset loss. While the project mentions CertiK audits, audits cannot guarantee 100% security.
    • Economic risks:
      • Market volatility: The value of GOT tokens is linked to Bitcoin and gold, both of which are volatile assets and may affect GOT’s stability.
      • Liquidity risk: If the project fails to gain enough market recognition and liquidity, tokens may be hard to trade or experience large price swings.
      • Data discrepancies: Market cap and circulation data reported by different platforms (such as CoinStats and CoinMarketCap) may differ, reflecting inconsistent data reporting or market information opacity.
    • Compliance and operational risks:
      • Regulatory uncertainty: Global cryptocurrency regulations are still evolving, and future policy changes may impact project operations.
      • Team transparency: Detailed background information on team members is currently lacking, increasing operational risk. An opaque team may struggle to build community trust.
    • Investment risks:
      • High-risk investment: Blockchain projects, especially new ones, are typically high-risk investments. A YouTube video even discusses whether Golden Pact might be a scam, suggesting a 40% scam risk and 60% good project risk, emphasizing the importance of personal research.
      • Not investment advice: All information provided here is for reference and educational purposes only, and does not constitute investment advice. Be sure to do your own independent research (DYOR) and make decisions based on your own risk tolerance.

    Verification Checklist

    When researching the Golden Pact project, here are some key pieces of information you can verify yourself:

    • Block explorer contract address: Check the GOT token’s contract address on Binance Smart Chain (BSC) using tools like BscScan to view token holder distribution, transaction history, and contract code. CoinMarketCap usually provides this link.
    • GitHub activity: Look for the project’s GitHub repository, observe code update frequency, number of contributors, and community engagement—this reflects development progress and transparency. Current search results do not directly provide a GitHub link.
    • Official website: Visit goldenpact.global for the most direct and up-to-date project information.
    • Audit reports: Look for audit reports published by third-party security firms like CertiK, read the report carefully to understand smart contract security and potential risks.
    • Community channels: Follow the project’s official Telegram, Medium, Twitter, and other social media platforms to learn about community discussions, project announcements, and the latest developments.

    Project Summary

    Golden Pact is an ambitious DeFi 3.0 project that seeks to build a decentralized, stable, and transparent global financial payment ecosystem through its innovative “algorithmic non-stablecoin” GOT, backed by both real gold (PAXG) and digital gold (Bitcoin, BTC). Its vision is to solve the pain points of traditional finance and existing stablecoins, offering digital asset management, cross-border payments, and wealth management services.

    Technically, the project emphasizes its dual value anchoring, smart algorithmic stability mechanism, and transparent operations based on blockchain and smart contracts, and claims to be audited by CertiK. Its roadmap outlines a grand blueprint from token issuance to full ecosystem deployment.

    However, as an emerging project in the blockchain space, Golden Pact faces multiple risks—technical, economic, compliance, and operational. In particular, the complexity of “algorithmic non-stablecoins,” lack of team transparency, and inherent volatility of the crypto market all require potential participants to remain highly vigilant.

    In summary, Golden Pact presents an intriguing vision and a unique technical solution, but its long-term success remains to be proven by the market. Please remember, all the above information is for educational and project introduction purposes only, and does not constitute investment advice. Before making any decisions, be sure to conduct thorough independent research (DYOR) and carefully assess your own risk tolerance.

Disclaimer: The above interpretations are the author's personal opinions. Please verify the accuracy of all information independently. These interpretations do not represent the platform's views and are not intended as investment advice. For more details about the project, please refer to its whitepaper.

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