Creek Finance: Bringing Gold’s Timeless Value into DeFi on Sui
Creek Finance redefines how you interact with gold in the world of decentralized finance. Built on the high-performance Sui Network, Creek introduces the pioneering Gold Yield Engine, powered by its innovative Gold Split Value Model (GSVM). This allows tokenized gold (XAUm) to generate yields while preserving stability, opening up new possibilities for staking, borrowing, and swapping in DeFi.
By participating in the live Creek Testnet, users can explore these features hands-on, earn Aura Points through badges and activities, and build reputation for potential rewards at mainnet launch. Aura Points track your engagement, unlocking better privileges and enhancing your position in the ecosystem.
Why Creek Finance?
- Gold-backed stability meets DeFi yields: Hold the security of physical gold reserves while earning dynamic returns.
- Seamless on Sui Network: Leverage Sui’s speed and low fees for efficient, scalable gold DeFi operations.
- No selling required: Borrow against your gold collateral via GUSD stablecoin, keeping your assets intact.
- Transparent and composable: Full reserve backing with Matrixdock-issued XAUm, plus easy integration across DeFi protocols.
- Early access benefits: Testnet participation earns Aura Points, boosting your standing for future ecosystem rewards.
Aura Points Earning Guide
Aura Points are earned by completing testnet tasks, with referrals amplifying your score. Track your progress to maximize potential mainnet advantages:
| Activity | Description | Aura Points Impact |
|---|---|---|
| Daily Check-ins | Log in daily via Aura section | Base points daily |
| Staking XAUm | Mint GR and GY tokens via GSVM | High points per stake |
| Swaps (USDC ↔ GUSD) | Use pegging module for exchanges | Points per transaction |
| Borrowing/Repaying | Borrow GUSD against gold collateral | Points per loan cycle |
| Referrals | Invite others via your unique link | Bonus per successful referral |
Points accumulate to improve your rank, with badges marking key milestones for added visibility.
How It Works
- Access the Testnet: Head to the Creek Beta Testnet and connect a Sui-compatible wallet like Phantom.
- Claim Test Tokens: Use the Faucet (top-right near “Sui Testnet”) to get free XAUm, USDC, and SUI for testing. Follow the official faucet guide for details.
- Explore Core Features: Navigate the top menu to test DeFi primitives:
- Swap: Trade USDC for GUSD using the pegging module.
- Borrow: Secure GUSD loans with gold collateral.
- Repay/Redeem: Settle loans or convert back via GR/GY.
- Stake for GSVM: Repeatedly stake XAUm to generate GR (stable reserve) and GY (yield component) tokens.
- Earn Aura & Badges: Visit the Aura dashboard to complete tasks like staking, swaps, borrows, and check-ins. Watch your points and badges grow.
- Boost with Referrals: In the Aura Referrals tab, grab your invite link and share it — each referral adds to your score.
Dive deeper into Creek’s vision through their documentation and stay updated via X (Twitter), Discord, and Telegram. Early engagement positions you at the forefront of gold-powered DeFi.
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Creek Finance
Discover Creek Finance on Sui Network — the first Gold Yield Engine turning tokenized gold into a productive DeFi asset. Join the testnet, earn Aura Points, and position yourself for mainnet rewards with no upfront costs.
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