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$3.91m
Platform totals
Live assets1
Chains1
DeFi TVL$0
DeFi TVL / AUM0%
Confirmed attestations1 / 1
Primary accessPermissionless (1)
Totals for filtered assets
1
$3.9m
$3.9m
$0
1
| Name | Asset Group | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Staked GGBRSTGGBR | Commodities | $4.4 | $3.9m | $3.9m | $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).
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).
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.