Decentralized Gold Index

GIIT – Gold International Index Token

The world’s first token powered by a global multi-currency gold index, designed to reflect the true, borderless value of gold.

GIIT is a next-generation digital gold asset built on Ethereum. Unlike traditional gold tokens tied to a single currency, GIIT derives its value from a diversified, global gold index across ten major economies.

Learn the Model Why GIIT is Different
Gold-Indexed Digital Asset ERC-20 on Ethereum
A new class of decentralized gold token

GIIT bridges real-world gold valuation with DeFi through a transparent, mathematically defined pricing model based on global gold markets.

  • Backed by a global multi-currency gold index
  • No owner, no admin, immutable smart contract
  • Fits seamlessly into the Ethereum DeFi ecosystem

1. Global Gold Index: The Foundation of GIIT

GIIT is built on the GIIT_INDEX, a proprietary global gold index based on the price of 1 gram of 24k gold across 10 major currencies. This creates a fair, diversified and globally representative measure of gold’s value.

GIIT_INDEX includes:

  • USD – United States
  • GBP – United Kingdom
  • EUR – Eurozone
  • CNY – China
  • INR – India
  • RUB – Russia
  • AED – United Arab Emirates
  • TRY – Turkey
  • JPY – Japan
  • ZAR – South Africa
Why a Global Index Matters
  • Reduces exposure to any single economy or currency
  • Mitigates local market distortions and manipulation
  • Better reflects the true international price of gold
  • Offers a more robust and neutral gold pricing standard

Together, these markets represent over 80% of global economic activity, making GIIT_INDEX one of the most comprehensive gold reference models available.

2. Mathematical Valuation Model

GIIT’s theoretical value in any currency is derived from real gold prices using a simple but powerful formula:

PGIIT(i) = Pgold(i) / GIIT_INDEX

Where:

  • Pgold(i) = price of 1g 24k gold in currency i
  • GIIT_INDEX = initial global gold index value

This ensures that GIIT naturally follows the global movement of gold, not just the behavior of the U.S. dollar or a single regional market.

Example Reference Values (illustrative)
  • 1 GIIT ≈ 0.0247 USD
  • 1 GIIT ≈ 2.04 RUB
  • 1 GIIT ≈ 0.00000817 ETH

These values are indicative and depend on the live gold prices and the current GIIT_INDEX. GIIT is designed as a mathematically anchored asset, not a speculative meme token.

3. Fully Decentralized ERC-20 Design

GIIT is deployed on the Ethereum blockchain as a standard ERC-20 token with a strong focus on decentralization and immutability.

  • No owner
  • No admin or privileged roles
  • No minting or supply expansion
  • No pausing or freezing functions
  • No blacklist or censorship features
  • Immutable smart contract
  • Fixed supply forever
Why this matters

This architecture is designed to make GIIT behave more like a neutral commodity asset than a typical token controlled by a team or company.

  • Removes human intervention from token mechanics
  • Builds trust for long-term investors
  • Aligns with the philosophy of gold as a neutral store of value

4. Market Price via DeFi AMMs

GIIT is traded on decentralized exchanges (DEXs) such as SushiSwap or Uniswap. The market price is determined purely by AMM pool balances:

PGIIT,ETH = ETHpool / GIITpool

As a result:

  • Buying GIIT increases its price on the AMM
  • Selling GIIT decreases its price
  • No centralized price setting
  • 100% transparent liquidity and pricing
Synthesis: Gold × Market Dynamics

GIIT’s final behavior combines:

  • Global gold movement (via GIIT_INDEX)
  • On-chain demand and supply (via AMM)

This creates a dynamic asset where both the real world (gold) and the crypto market (DeFi) contribute to price discovery.

5. Off-Chain Oracle System

GIIT uses an off-chain oracle system to periodically fetch:

  • Gold prices (1g 24k) in 10 currencies
  • Foreign exchange rates
  • Global gold index values (GIIT_INDEX)

Only the aggregated GIIT_INDEX(t) is published on-chain, minimizing gas usage and avoiding unnecessary complexity inside the smart contract.

Efficiency & Transparency
  • Efficient gas usage for on-chain users
  • Clear separation between data layer and token logic
  • Room for future analytics, dashboards and APIs

The oracle layer can evolve independently, providing charts, dashboards, and analytics without touching the immutable GIIT token contract.

6. Total Supply

The total supply of GIIT is:

31.95 billion GIIT

This supply is fixed and permanently encoded in the smart contract, aligning GIIT with the philosophy of scarcity and predictable monetary policy.

Design Objective

The chosen supply is intended to comfortably support micro-transactions, DeFi use cases and long-term holdings, while still maintaining a clear, finite upper limit on the total number of GIIT tokens that will ever exist.

7. Why GIIT Is Unique

GIIT introduces characteristics that set it apart from traditional gold tokens and simple synthetic assets:

  • First token backed by a global multi-currency gold index
  • Not dependent on USD-only markets
  • Resistant to local price manipulation
  • Fully decentralized ERC-20 with immutable rules
  • Seamlessly integrates into existing Ethereum DeFi infrastructure
  • Transparent, mathematically defined valuation model
  • Long-term design, suitable as a store of value
  • Ideal for DeFi collateral, trading and portfolio allocation
  • Bridges the gap between physical gold and digital finance

8. GIIT’s Mission

GIIT’s mission is to create a global digital gold standard that is:

  • Free from political and economic bias
  • Accessible to anyone, anywhere
  • Built on mathematical transparency, not centralized decisions
  • Compatible with the evolving DeFi landscape

By transforming the real global value of gold into a decentralized token, GIIT aims to become a core building block for DeFi, digital payments, and long-term wealth preservation in the crypto era.