Someone trades
Every buy and sell routes through the Uniswap v4 Gold/ETH pool.
A 3% fee on every trade is collected in ETH, spent on tokenized SPDR Gold Shares, and pushed straight to holders. Nothing to claim. Nothing to stake.
Fixed protocol parameters. No distributions have occurred yet.
It runs on a timer whether anyone is watching or not.
Every buy and sell routes through the Uniswap v4 Gold/ETH pool.
Collected in native ETH. The hook never touches MidasFi, so nothing is sold to pay you.
All of it goes into tokenized SPDR Gold Shares. One asset, no discretion.
Every wallet holding 10,000 MidasFi or more receives its pro-rata share, on-chain.
GLD is the largest physically-backed gold ETF in the world. Every share is a fractional claim on bullion held in an HSBC vault in London, and it has tracked the spot price of gold since 2004.
The treasury buys the tokenized share on-chain and you receive exactly what it bought. Nothing is wrapped, synthesised, or IOU'd on the way to your wallet.
Worth stating plainly: tokenized GLD is not redeemable for physical bars by individual holders. You own the share, not a bar you can collect.
Which means MidasFi is never sold to pay you. That one decision changes everything downstream.
Most distribution protocols collect fees in their own token, then dump it on the market to buy whatever they're paying out. Holders quietly fund their own dividend through the price.
Native ETH is taken at the moment of the swap and routed directly into GLD. The treasury has no reason to ever touch MidasFi supply.
A protocol designed to hand you a hard asset shouldn't be creating constant pressure on the token you had to buy to qualify. Otherwise the two goals fight each other.
Each row will show the gold bought, what it cost, and how many wallets it reached.
Any wallet holding at least 10,000 MidasFi when a distribution fires. Your share is your balance measured against every other qualifying balance — nothing else weights it.
No. There is no claim button, no staking contract, and no lock-up. The distributor pushes tokenized GLD directly to your wallet. If you qualify when it fires, it lands.
Your share of future distributions shrinks proportionally. Drop below 10,000 MidasFi and you stop receiving them entirely until you're back above it. Gold already sent to you is yours and is never reversed.
Three things move it: trading volume decides how much ETH was collected, total qualifying supply decides how thinly it spreads, and the spot price of gold at purchase decides how much metal that ETH actually bought.
It's a target, not a promise. Distributions execute on-chain and depend on block times and network conditions, so one can land slightly early or slightly late.
The fee rate, qualifying threshold, and interval are on-chain parameters. Any change executes on-chain and is visible before it takes effect. The asset itself — GLD — is fixed.
Hold 10,000 MidasFi and the next distribution includes you.
POOL GOES LIVE AT LAUNCH