Pleasing Market
About
Pleasing Market (previously Pleasing Golden) is a licensed modular RWA platform that bridges physical precious metals—starting with gold—with on-chain finance. It offers PGOLD, a digital token fully backed by LBMA-certified physical gold; USDpm, a USDT-pegged stablecoin designed for precious-metals liquidity; spot trading; DeFi primitives (perpetuals, options, lending); and a Tokenization-as-a-Service (TaaS) program that lets third parties bring physical metals on-chain. Built on Arbitrum with Chainlink oracles, LayerZero, and Pharos integrations, the platform enables anyone to trade, invest, and earn from precious metals 24/7.
Where Does Yield Come From?
Pleasing Market offers two ways to earn yield, both tied to real-world precious-metals activity.
PGOLD — This token is backed by physical gold. You can earn yield by staking (locking up) PGOLD. Where does the yield come from?
- A 0.5% one-time fee charged when someone redeems PGOLD for physical gold — this fee is shared among stakers
- Fees from large-scale gold trading between institutions
- Trading fees from on-chain markets where people buy and sell PGOLD (spot trading and perpetuals)
There are no ongoing storage fees deducted from PGOLD itself.
USDpm — This is a stablecoin pegged to USDT (and backed by USDT reserves). On its own it doesn't earn yield, but when you stake it, it starts generating returns. The yield comes from the operations of precious-metals professionals — vaults, refiners, dealers, and market makers — who use USDpm for settlement, financing, and hedging. Any capital not actively deployed is held in physical gold as a defensive position.
Additionally, the Liquidity Sharing program helps partner projects (like perpetual exchanges, options markets, lending platforms, and LP vaults) build liquidity in the ecosystem. Partners get support in three tiers — Launch Boost, Growth Track, and Strategic — along with PLS token incentives.
One important note: The documentation targets a 6–10% APR range for USDpm staking, but this is not a fixed rate. It depends on actual operating activity, not a guaranteed promise.
Audits
| Audit / Date | Findings | Verdict |
|---|---|---|
Beosin13-01-2026 - 16-01-2026 |
| The Beosin audit uncovered one medium and two low severity issues, all of which were fixed prior to publication, so the staking contract's core logic appears reasonably secured for its scope. |
Legal
Status and notes
No imprint, terms of service, privacy policy, or legal entity disclosure found on any official source. The main website (pleasinggold.com) and all sub-pages (imprint, terms, privacy, legal) were unreachable. The project's GitBook documentation space was private/unpublished. The associated GitHub repository (Pleasing-Gold-Staking-V2) returned 404. The only identifiable developer account is the GitHub user 'bomi-papa', which is a personal profile with no legal entity information.
