Question 1

What is Perfolio?

Accepted Answer

Perfolio is a gold-backed lending platform. You buy gold (XAUT, where each token equals exactly 1 ounce of real physical gold stored in Swiss vaults), then borrow digital dollars (USDT, each worth exactly $1, convertible to your local currency) against your gold. No credit checks needed. No monthly EMI payments. No repayment deadlines. Your gold stays yours throughout. When you repay the loan, you get your gold back. It works like a modern digital gold pawn shop, but without the middleman, the paperwork, or the fees.

Question 2

What is gold (XAUT)?

Accepted Answer

Gold (XAUT) is a digital gold token issued by Tether (the same company behind USDT stablecoins). Each gold token (XAUT) represents exactly 1 troy ounce of real physical gold, stored in LBMA-certified vaults in Switzerland. The gold reserves are independently audited every quarter by BDO Italia. Unlike gold ETFs, gold (XAUT) is redeemable for actual physical gold bars. Think of it as a digital certificate of ownership for gold in a vault: you own the gold, XAUT is your proof.

Question 3

How does borrowing work?

Accepted Answer

Borrowing on Perfolio works in four simple steps. First, you buy gold (XAUT tokens) through the Perfolio app using your bank transfer or existing digital dollars (USDT). Second, you deposit your gold (XAUT) into the lending vault; think of this as locking your gold as security. Third, you receive digital dollars (USDT, worth $1 each) instantly, up to 77% of your gold's value. Fourth, you convert those digital dollars to your local currency (Indian Rupees, UAE Dirhams, Euros, etc.) and withdraw to your bank account. Your gold remains safely locked in the vault throughout. When you repay the loan, your gold is returned to you.

Question 4

What interest rate will I pay?

Accepted Answer

Perfolio charges a variable interest rate starting from approximately 3% per year (APR, or Annual Percentage Rate). This means if you borrow $1,000 for a full year, you would pay about $30 in interest. The rate is not fixed; it goes up or down based on supply and demand in the lending market. You can see your current rate at any time in your Perfolio dashboard. There are no fixed monthly payments; interest accrues daily on whatever amount you have borrowed.

Question 5

Are there repayment deadlines?

Accepted Answer

No. There are no repayment deadlines, no EMIs (equated monthly installments), and no fixed repayment schedule. You repay on your own terms, partially or fully, whenever you choose. You could repay after one week, one month, or one year. The only ongoing cost is interest, which accrues daily on your outstanding loan balance. Your gold collateral is returned to you as soon as the full loan amount plus accrued interest is repaid.

Question 6

Where is my gold stored?

Accepted Answer

Your gold (XAUT tokens) represents physical gold bars stored in LBMA-certified (London Bullion Market Association) vaults in Switzerland. These are professional-grade precious metals storage facilities, the same standard used by central banks and institutional investors. The gold is fully insured. Tether, the issuer of XAUT, publishes independently audited reserve reports every quarter, conducted by BDO Italia, confirming that every gold token (XAUT) in circulation is backed by a real ounce of physical gold.

Question 7

What fees does Perfolio charge?

Accepted Answer

Perfolio charges interest only on the amount you have borrowed, nothing else. There are no origination fees (fees for creating the loan), no account maintenance fees, no deposit fees, no withdrawal fees, and no hidden charges of any kind. You pay interest daily on your outstanding loan balance at the variable market rate, which starts from approximately 3% APR. If you borrow $1,000 for 30 days at 3% APR, you pay roughly $2.50 in total interest.

Question 8

Is the lending protocol secure?

Accepted Answer

Perfolio uses an independently audited smart contract as its lending infrastructure. It is a non-custodial lending protocol deployed on Ethereum, one of the most widely used and tested blockchain networks in the world. Non-custodial means no single company (including Perfolio) can access or freeze your funds. The protocol has been independently audited by multiple leading security firms and handles billions of dollars in assets. All transactions are recorded publicly on the Ethereum blockchain, meaning you can verify every deposit, loan, and repayment yourself.

Question 9

Is Perfolio a cryptocurrency app?

Accepted Answer

No. Perfolio is a gold lending platform that uses blockchain technology under the hood, similar to how Uber uses GPS technology, but you don't need to understand GPS to take a ride. You interact with gold and money, not with cryptocurrency. The blockchain ensures your transactions are transparent, secure, and instant.

Question 10

What is USDT and how do I use it?

Accepted Answer

USDT (Tether USD) is a digital currency worth exactly $1. Think of it as digital dollars that you can send anywhere instantly. When you borrow on Perfolio, you receive USDT. You can then convert USDT to your local currency (Indian Rupees, UAE Dirhams, Euros, British Pounds, and more) through Perfolio's licensed payment provider and withdraw to your bank account.

Question 11

What does 'digital gold' mean?

Accepted Answer

Digital gold means you own a token that represents real physical gold stored in a vault. Instead of keeping gold bars at home or in a bank locker, you hold a digital certificate (XAUT token) that proves you own that gold. The advantage: you can buy fractional amounts (as little as $10 worth), trade 24/7, and use your gold as collateral for instant loans. These are things you can't do with physical gold.

Question 12

How does the lending technology work?

Accepted Answer

Perfolio's loans are powered by an audited smart contract, which is automated banking software that runs on the Ethereum blockchain. Instead of a bank officer processing your loan (which takes days and involves paperwork), the smart contract processes it in seconds with no human intervention. The protocol has been independently audited by multiple leading security firms and handles billions of dollars in loans.

Question 13

What is LTV (Loan-to-Value)?

Accepted Answer

LTV stands for Loan-to-Value ratio. It's how much you can borrow relative to your gold's value. Perfolio allows up to 77% LTV. Example: if your gold is worth $10,000, you can borrow up to $7,700. The remaining $2,300 acts as a safety buffer in case gold price drops. A lower LTV means a safer position.

Question 14

What happens if gold price drops while I have a loan?

Accepted Answer

If gold price drops significantly, your loan may become under-collateralized (meaning your gold is no longer worth enough to back your loan). In this case, the lending protocol may automatically sell some of your gold to repay part of the loan. This is called liquidation. Perfolio shows your 'health factor' in real-time so you can take action before this happens: either add more gold collateral or repay part of your loan.

Question 15

Do I need to understand blockchain or crypto to use Perfolio?

Accepted Answer

Not at all. Perfolio is designed for people who want to use gold as a financial tool, not for crypto experts. You buy gold, you borrow money, you repay when you want. The blockchain technology works in the background to make everything faster, cheaper, and more transparent, but you never need to interact with it directly.

Gold-Backed Lending Support & FAQ

Getting StartedIs Perfolio a cryptocurrency app?

Getting StartedWhat is XAUT and do I need to understand it?

Getting StartedWhat is USDT and how do I convert it to my currency?

Getting StartedDo I need to understand blockchain or crypto to use Perfolio?

Getting StartedWhat does 'on-chain' mean when Perfolio mentions it?

Getting StartedWhat happens if I lose access to my account?

Getting StartedWhat is Perfolio?

Getting StartedHow do I create an account?

Getting StartedWho can use Perfolio?

Getting StartedWhat currencies are supported?

Gold & CustodyWhat is gold (XAUT)?

Gold & CustodyWhere is my gold stored?

Gold & CustodyAre there custody fees?

Gold & CustodyCan I redeem physical gold?

Gold & CustodyHow do I verify gold reserves?

Borrowing & LoansHow does borrowing work?

Borrowing & LoansWhat is the max loan-to-value (LTV)?

Borrowing & LoansWhat interest rate will I pay?

Borrowing & LoansAre there repayment deadlines?

Borrowing & LoansAny early repayment penalties?

Deposits & WithdrawalsHow do I deposit gold?

Deposits & WithdrawalsHow do I withdraw funds?

Deposits & WithdrawalsHow long do withdrawals take?

Security & PrivacyHow is my account secured?

Security & PrivacyIs the lending protocol secure?

Security & PrivacyWhat data do you collect?

Security & PrivacyCan I enable 2FA?

Fees & RatesWhat fees does Perfolio charge?

Fees & RatesHow is the interest rate set?

Fees & RatesLate payment penalties?

Risks & LiquidationWhat is liquidation?

Risks & LiquidationHow do I avoid liquidation?

Risks & LiquidationWhat affects my health factor?

Risks & LiquidationWhat if gold price drops sharply?