# Perfolio - Complete Product Information > Perfolio is a gold-backed lending platform. Buy XAUT digital gold backed 1:1 by physical gold in Swiss vaults. Borrow USDT at ~3% APR with no credit checks, no EMIs. Repay anytime. Start with as low as $10. Built by Billion Impact, Inc. --- ## What is Perfolio? Perfolio is a gold-backed lending platform that lets you buy real digital gold (XAUT) and borrow against it. Your gold is backed 1:1 by physical gold stored in Swiss vaults. Borrowing is instant, with no credit checks, no income verification, and no mandatory repayment schedule. Key facts: - Buy digital gold (XAUT) backed 1:1 by physical gold in Swiss vaults - Borrow USDT stablecoins against your gold at ~3% variable APR - No credit checks, no income verification, no cosigners - No EMIs, no deadlines -- repay anytime without penalties - Start with as low as $10 - 24/7 access via web app at app.perfolio.ai - Borrow up to 77% of your gold value (loan-to-value ratio) - All transactions are transparent and on-chain via Ethereum --- ## How It Works ### Step 1: Deposit Funds Add money via bank transfer or crypto (USDT) using our licensed payment provider. Use your balance to buy gold or borrow. ### Step 2: Purchase Gold Buy XAUT digital gold backed 1:1 by physical gold held in Swiss vaults. Each XAUT token equals one troy ounce of real gold. Gold is independently audited quarterly by BDO Italia. ### Step 3: Deposit Gold in Vault Lock your gold in the borrowing vault as collateral. The vault is a non-custodial smart contract on Ethereum via Morpho Blue. Your gold is always yours. ### Step 4: Get Cash Instantly Receive USDT stablecoins at ~3% variable APY. Withdraw to your bank account or crypto wallet. ### Step 5: Repay on Your Terms Pay back whenever you want and unlock your gold. No EMIs, no deadlines, no penalties. --- ## Why Gold? ### The Problem: Currency Depreciation Every fiat currency loses purchasing power over time due to inflation. Since 2014: - USD has lost ~26% of its purchasing power - EUR has lost ~28% - INR has lost ~45% - AED has lost ~26% ### Gold's 2,000-Year Track Record Gold has been a reliable store of value for over 2,000 years. Unlike currencies that governments can print, gold supply is naturally limited. It consistently preserves and grows purchasing power across generations. ### How the Wealthy Think Wealthy individuals and institutions don't sell their gold -- they borrow against it. This lets them access liquidity while keeping an appreciating asset. Perfolio makes this strategy accessible to everyone, starting from as little as $10. ### The Vision Save in gold, borrow against it, and build real wealth. Perfolio exists to make gold-backed financial services accessible to everyone -- no credit checks, no paperwork, just steady value you can count on. --- ## XAUT Digital Gold (Tether Gold) ### What is XAUT? XAUT (Tether Gold) is a digital token where 1 XAUT equals 1 troy ounce of physical gold. The gold is stored in secure, insured vaults in Switzerland. XAUT is issued by TG Commodities Limited, a company in the Tether group. ### How is it backed? - Each XAUT token is backed 1:1 by physical gold - Gold is stored in LBMA-accredited London Good Delivery bars - Vaults are in Switzerland, secured and insured - Reserves are independently audited quarterly by BDO Italia - Published audit reports are publicly available confirming every token is fully backed ### Can I redeem physical gold? Yes. XAUT is redeemable for physical gold delivery through Tether, subject to their redemption process. ### Custody fees? Zero. No ongoing storage or custody fees for holding gold through Perfolio. --- ## The Borrowing Vault ### What is the Vault? The Perfolio borrowing vault is a non-custodial smart contract deployed on Ethereum mainnet via Morpho Blue. It holds your XAUT gold as collateral and lets you borrow USDT stablecoins against it. ### How Borrowing Works 1. Lock XAUT as collateral via Morpho Blue on Ethereum 2. Receive USDT stablecoins (up to 77% of gold value) 3. Withdraw to your bank account or crypto wallet 4. Your gold stays yours throughout the process ### Vault Features - Non-custodial: You maintain ownership of your gold - Transparent: All transactions visible on Ethereum blockchain - No credit checks: Gold is the only requirement - Variable interest rate starting from ~3% APR - No fixed repayment schedule - No early repayment penalties - Instant borrowing once gold is deposited - 24/7 availability ### Interest Rate Variable rate starting from ~3% borrowing interest, driven by market supply and demand on Morpho Blue. The rate is always visible in your dashboard. ### Liquidation If your collateral value drops below the safety threshold, a portion may be auto-sold to cover your loan. At 70% LTV, gold needs to fall over 25% before any liquidation risk. You can add more collateral or repay part of your loan to stay safe. --- ## Perfolio vs. Traditional Lenders | Feature | Perfolio | Traditional Lenders | |---|---|---| | Interest Rate | ~3% variable APR | 10-24% APR | | Credit Check | None required | Mandatory | | Income Verification | None required | Required | | Time to Funding | Instant | Days to weeks | | EMI / Repayment | No deadlines, repay anytime | Fixed monthly EMIs | | Early Repayment | No penalties | Often penalized | | Collateral | Digital gold (XAUT) | Property, income, credit score | | Transparency | On-chain, fully visible | Opaque | | Availability | 24/7 | Business hours | --- ## Use Cases ### 1. Mortgage Downpayment Strategy Fund your home downpayment with gold instead of cash savings. **How it works:** Buy gold, borrow against it for your downpayment. Your gold keeps appreciating while you live in your home. **Benefits:** - Gold appreciates while funding your home - Borrow at ~3% instead of paying 0.5-1.5% PMI that builds no equity - No credit checks or income verification - Repay on your timeline, no penalties **vs. Cash Saving:** - Cash sits idle earning near 0% in savings - Years of saving while property prices rise - Credit checks and lengthy approval processes **Example:** $50,000 in gold at 70% LTV = $35,000 downpayment available instantly. Meanwhile gold has historically returned ~12% per year. ### 2. Real Estate Investment Own property and gold simultaneously. **How it works:** Borrow against your gold to invest in real estate. Grow two asset classes at once. **Benefits:** - Own property AND gold simultaneously - Gold appreciates alongside your property - Use rental income to repay at your pace - No need to liquidate savings **vs. Selling Gold:** - Must sell gold to buy property, losing upside permanently - All-in on a single asset class with no diversification **Example:** 10 oz of gold lets you borrow up to ~70% of its value for property investment, while your gold continues growing. ### 3. Loan EMI Strategy (Dollar-Cost Averaging) Turn EMI payments into a gold wealth-building strategy. **How it works:** Every month, buy gold, borrow against it to pay your existing loan EMI. After the loan ends, you still own appreciating gold. **The Math:** If your EMI is $1,000/month, invest ~$1,430 in gold, borrow $1,000 back at 70% LTV to pay the EMI. Extra cost is only ~$430/month, but you accumulate gold that appreciates. **Benefits:** - Build a gold reserve with every EMI cycle - Buy gold regularly to average out price swings (DCA) - 30%+ safety cushion at 70% LTV - After your loan ends, you still own the gold **5-Year Example:** $1,000/month EMI = ~$85,700 in total gold purchases over 5 years, likely worth significantly more thanks to gold's ~12% historical annual return. ### 4. Business Expansion Instant capital with zero equity loss. **How it works:** Borrow against gold for working capital. No equity dilution, no credit checks, no waiting. **Benefits:** - Instant access to working capital - Zero equity dilution in your business - No business financials or credit checks required - Flexible repayment aligned with business cash flow **vs. Bank Loan / VC:** - 2-4 weeks minimum for bank approval - Give up equity or personal guarantees for VC - Extensive credit and financial review **Example:** $100,000 in gold = up to $70,000 in working capital, available instantly. ### 5. Education Funding Fund education at rates lower than student loans. **How it works:** Borrow against gold to pay tuition. Save thousands vs. student loans at 6-8% interest. **Benefits:** - Borrow at ~3% instead of 6-8% student loan rates - No credit checks or cosigners needed - Flexible repayment, no deadlines -- repay when your income allows - Gold continues to appreciate during the study period **vs. Student Loans:** - Student loans charge 6-8% interest, often higher - Require credit checks and cosigner requirements - Fixed monthly payments start immediately or after grace period **Savings:** ~50% lower interest cost compared to typical student loans. ### 6. Investment Opportunities Leverage gold to capture time-sensitive opportunities. **How it works:** Deploy capital from your gold without selling it. Keep gold exposure while investing in stocks, startups, crypto, or real estate. **Benefits:** - Capture time-sensitive market opportunities - Instant liquidity -- no waiting for gold sales - Gold continues to appreciate as an inflation hedge - Potential for returns on both assets **vs. Selling Gold:** - Lose gold upside permanently - Tax events from selling - Selling takes time, you may miss opportunities **Example:** 50% LTV gives a 40%+ safety buffer for higher-risk investments. 70% LTV maximizes capital deployment. --- ## Frequently Asked Questions ### Getting Started **What is Perfolio?** A gold-backed lending platform. You lock tokenized gold as collateral and borrow stablecoins, without selling your gold. Convert to your local currency anytime. **How do I create an account?** Sign up with your email and create a passkey. No passwords needed. Authentication uses your device biometrics (Face ID, fingerprint, or PIN). **Who can use Perfolio?** Anyone 18+ with a valid email address. Check our Terms for restricted jurisdictions. **What currencies are supported?** USD, GBP, EUR, INR, AED, and more. Lending operates in USDT, which auto-converts to your preferred currency. ### Gold & Custody **What is XAUT (Tether Gold)?** A digital token where 1 XAUT = 1 troy ounce of physical gold, stored in Swiss vaults. Independently audited quarterly by BDO Italia. **Where is my gold stored?** Secure, insured vaults in Switzerland with full 1:1 backing. Reserves are independently audited every quarter. **Are there custody fees?** No. Zero ongoing storage or custody fees for holding gold through Perfolio. **Can I redeem physical gold?** Yes. XAUT is redeemable for physical gold delivery through Tether, subject to their redemption process. **How do I verify gold reserves?** Published audit reports from BDO Italia are publicly available, confirming every XAUT token is fully backed. ### Borrowing & Loans **How does borrowing work?** Lock XAUT as collateral via Morpho Blue on Ethereum, receive USDT, withdraw to your bank or wallet. Your gold stays yours. **What is the max loan-to-value (LTV)?** Up to 77%. So $10,000 in gold lets you borrow up to $7,700. Lower LTV = more safety margin. **What interest rate will I pay?** Variable rate starting from ~3.04% borrowing interest, driven by market supply and demand on Morpho Blue. Visible in your dashboard. **Are there repayment deadlines?** No deadlines, no EMIs, no schedule. Repay partially or fully whenever you choose. **Any early repayment penalties?** None. Repay your full balance anytime and your gold is released immediately. ### Deposits & Withdrawals **How do I deposit gold?** Two options: buy gold directly with fiat via our on-ramp, or transfer XAUT from an external wallet. **How do I withdraw funds?** Bank transfer to your linked account, or crypto withdrawal to any external wallet. **How long do withdrawals take?** Crypto: minutes. Bank transfers: 1-3 business days depending on region. ### Security & Privacy **How is my account secured?** Passkey authentication + optional 2FA (TOTP via authenticator app) + optional app lock PIN. **Is the lending protocol secure?** Morpho Blue is a well-audited protocol on Ethereum mainnet. All transactions are transparent and on-chain. **What data do you collect?** Minimal: email and usage analytics. Blockchain transactions are public by nature. See our Privacy Policy. **Can I enable 2FA?** Yes! TOTP-based 2FA in Security Settings. Works with Google Authenticator, Authy, etc. ### Fees & Rates **What fees does Perfolio charge?** Interest on borrowed amount only. No origination fees, no account fees, no hidden charges. **How is the interest rate set?** Market-driven via Morpho Blue protocol. Variable borrowing interest adjusts with supply/demand. Always visible in your dashboard. **Late payment penalties?** No deadlines means no late fees. Interest accrues, but no additional penalties. ### Risks & Liquidation **What is liquidation?** If your collateral value drops below the safety threshold, a portion may be auto-sold to cover your loan. **How do I avoid liquidation?** Monitor your health factor. If it drops, add more collateral or repay part of your loan. Lower LTV = bigger buffer. **What affects my health factor?** Three things: gold price, borrowed amount, and accrued interest. Rising gold = better health factor. **What if gold price drops sharply?** Health factor decreases. Add collateral or repay debt before it hits the liquidation threshold. --- ## Technology & Partners ### Morpho Blue The lending protocol powering Perfolio's borrowing vault. A well-audited, non-custodial lending protocol on Ethereum mainnet. ### Tether (USDT & XAUT) - USDT: The stablecoin used for borrowing, pegged 1:1 to USD - XAUT (Tether Gold): Digital gold token backed 1:1 by physical gold in Swiss vaults ### Uniswap Decentralized exchange protocol used for token swaps within the platform. ### Biconomy Account abstraction and gasless transaction infrastructure for seamless user experience. ### Enso DeFi aggregation layer for optimized routing and execution of transactions. --- ## Company Information **Company:** Billion Impact, Inc. **Product:** Perfolio **Website:** https://perfolio.ai **App:** https://app.perfolio.ai **Email:** hello@perfolio.ai / support@perfolio.ai **Social:** https://x.com/Perfolio **Address:** 169 Madison Ave, STE 38574 New York, NY 10016 United States --- ## Page Index - Home: https://perfolio.ai/ - About: https://perfolio.ai/about - Why Gold?: https://perfolio.ai/about/gold - XAUT Digital Gold (The Gold Standard): https://perfolio.ai/about/gold-standard - The Borrowing Vault: https://perfolio.ai/about/borrowing-vault - How It Works: https://perfolio.ai/how-it-works - Mortgage Strategy: https://perfolio.ai/use-cases/mortgage - Real Estate: https://perfolio.ai/use-cases/real-estate - Loan EMI: https://perfolio.ai/use-cases/loan-emi - Business: https://perfolio.ai/use-cases/business - Education: https://perfolio.ai/use-cases/education - Investments: https://perfolio.ai/use-cases/investments - Support & FAQ: https://perfolio.ai/support - Terms of Service: https://perfolio.ai/terms - Privacy Policy: https://perfolio.ai/privacy - Launch App: https://app.perfolio.ai