Introducing RWA FXPools on Xave - VNXAU:USDC

Xave is pleased to announce the launch of our first RWA with support for VNXAU, a gold-backed token issued by VNX, a company registered with the Liechtenstein Financial Market Authority (FMA). The VNXAU:USDC FXPool is a testament to the flexibility of blockchain, allowing for the seamless trading of fiat-backed stablecoins and asset-backed tokens in a single liquid marketplace.

VNX’s founder had this to say about the launch of their integration with Xave:

“When it comes to FX trading of stable assets on the crypto market, Xave’s technical capabilities make it the perfect fit for VNX’s mission. Xave’s advanced infrastructure and expertise allows for efficient and seamless stablecoin exchange within the crypto ecosystem. VNX and Xave’s collaboration enables the integration of real-world assets, specifically focusing on the FX market, into DeFi.”

What is VNXAU?

VNXAU tokens represent off-chain ownership of physical gold that is certified by the London Bullion Market Association (LBMA), and stored in a high-security vault in Liechtenstein. Gold-backed tokens like VNXAU are a convenient way to own gold without being forced to manage high-security custody, while also being significantly more liquid than physical gold.

How do I supply liquidity to the VNXAU:USDC FXPool?

Please see our tutorial docs here.

You may also see the VNXAU:USDC pool page here that redirects to the Xave UI, or here that redirects to the Balancer UI.

VNXAU can be purchased via the listed DEXs and CEXes. Alternatively, VNXAU can also be directly purchased with fiat currency on VNX’s official website.

Token Name: USDC
Contract Address on Polygon: https://polygonscan.com/token/0x2791bca1f2de4661ed88a30c99a7a9449aa84174

Token Name: VNXAU
Contract Address on Polygon: https://polygonscan.com/address/0xC8bB8eDa94931cA2F20EF43eA7dBD58E68400400