Stake My GoldSuspicious

stGGBR APR is not earned yield but an admin-set targetAPY paid by injecting GGBR from a platform-controlled Yield Reserve, with no attestation that claimed rehypothecation income funds it; backing is I-ON Digital in-situ (unmined) gold securities, not vaulted bullion; anonymous team with no registry record for SMG Development Inc.; site shows two different stGGBR contract addresses and transparency reports with dead links and impossible dates (listed as published months before the platform existed); ToS caps liability at $100; 8-15% fixed APR far exceeds gold-lending market rates (reviewed 2026-07).

On-chain AUM$4.94m

Platform totals

Live assets1

Chains1

DeFi TVL$0

DeFi TVL / AUM0%

Confirmed attestations1 / 1

Primary accessPermissionless (1)

Totals for filtered assets

$4.94m

Assets Rankings

Name	Asset Group
Staked GGBRSTGGBR	Commodities	$4.51	$4.94m	$4.94m	$0	0%			Stake My Gold	RWA Wrappers, Gold & Commodities	Active Vault	Permissionless	Wrapper	Programmable Finance	SMG Development Inc.	Yes	Yes				Yes	Yes

About Stake My Gold

Stake My Gold (SMG Development Inc.) is a no-KYC gold staking platform launched in late 2025 by an anonymous team, with terms of service governed by British Virgin Islands law, offering fixed 8-15% APR on gold-backed tokens on Ethereum, primarily GGBR, a token issued by GGBR Inc. (Wyoming) and collateralized by I-ON Digital Corp's ION.au securities referencing in-situ (unmined) gold reserves. Its stGGBR product is an ERC-4626 vault whose exchange rate rises at an administrator-set targetAPY, met by injecting GGBR daily from a platform-controlled Yield Reserve; the site attributes the underlying yield to a rehypothecation agreement with I-ON Digital, but no attestation of that income is published. A CertiK audit was completed in April 2026 (Skynet score 73/BBB, team not KYC-verified).

Active VaultRWA WrappersGold & CommoditiesPermissionless

Website Docs

Profile

Founded: 2025
Primary chain: Ethereum
Issuer: SMG Development Inc.
Oracle: ERC-4626 tokenized vault with daily targetAPY yield injections priced against GGBR

Economics & revenue

Float incomeNo

Revenue confidenceNo-public-data

Fees last verified2026-07-20

Attestations & milestones

2025-11platform launched with 12% APR GGBR staking
2026-04CertiK audit completed (final report 2026-04-07)
2026-05CertiK Skynet rating BBB; revised Terms of Service; stGGBR vault documentation live

Revenue methodology & documents

Revenue model: Undisclosed; implied spread between claimed rehypothecation income and the fixed APR paid to stakers, plus OTC swap fees on GGBR and a 30% penalty on accrued interest for early unlock

Verification method: stakemygold.com home, stGGBR, yield-strategy, security, transparency, FAQ and ToS pages plus CertiK Skynet listing

No fee schedule published; stGGBR vault has no stated deposit/withdrawal fee; yield is a reserve-funded targetAPY set by administrators, so platform economics are opaque. Early-unstake penalty: 30% of interest earned in the period (flexible term).

Terms and conditions

Issuer registry, regulation & leadership

Regulatory status

Unregulated. Explicitly no-KYC per Terms of Service; no licenses or registrations disclosed; ToS governed by BVI law with BVI arbitration. Platform disclaims custody and describes itself as a non-custodial interface to third-party smart contracts.

Entity structure

Operated by SMG Development Inc.; jurisdiction not disclosed (BVI governing law in ToS suggests BVI; unverified in any registry). No address, directors, or corporate filings found. Claims independence from token issuers while operating the stGGBR vault, the GGBR Yield Reserve, and GGBR OTC sales; GGBR is issued by GGBR Inc. (Wyoming) backed by I-ON Digital Corp's ION.au gold-asset-backed securities.