STARLYNK RWA

视频

技术栈

Web3

Ethers

描述

Starlynk Gold RWA is a real-world asset infrastructure that transforms physical gold into a settlement-ready, on-chain asset built on Mantle L2. Each token represents fully allocated physical gold, issued through a legally compliant structure and designed for atomic settlement with stablecoin payments.

Unlike traditional tokenized gold products that focus solely on representation, Starlynk focuses on settlement. Asset ownership transfer and payment finality occur within a single on-chain transaction, eliminating counterparty risk and reconciliation delays. This atomic execution model enables gold to function not only as a store of value, but as a programmable payment and settlement asset.

Gold issuance and custody are handled off-chain by Starlynk Pte. Ltd., a Singapore-incorporated entity registered as a regulated dealer for precious metals under the PSPM Act 2019. On-chain, Mantle smart contracts enforce ownership, settlement logic, and finality, creating a clear separation between legal compliance and execution.

By leveraging Mantle’s low fees and high throughput, Starlynk Gold RWA brings real assets, real transactions, and non-speculative volume to blockchain infrastructure, demonstrating how RWAs can evolve into practical financial settlement systems.

Starlynk Gold RWA

A Settlement-Ready Digital Gold Infrastructure on Mantle

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1. Introduction

Gold has played a foundational role in the global financial system for thousands of years. Its scarcity, physical durability, chemical stability, and universal social acceptance have allowed it to function simultaneously as a store of value, a unit of account, and a reserve asset across civilizations and monetary regimes. Even in the modern era—dominated by fiat currencies, electronic payment systems, and increasingly digital financial instruments—gold continues to be actively traded, accumulated by central banks, and relied upon as a hedge against systemic risk.

Despite its enduring relevance, physical gold remains poorly integrated with modern digital finance. Ownership, settlement, storage, and transfer of gold are operationally complex, capital-intensive, and incompatible with real-time, global, programmable financial systems. As a result, gold is often treated as a passive reserve asset rather than an active component of day-to-day financial settlement.

Starlynk Gold RWA is designed to address this structural gap. It transforms physical gold into a digitally native, settlement-ready real-world asset (RWA), enabling gold to participate directly in on-chain payment, settlement, and financial workflows. Built on Mantle L2, Starlynk Gold RWA focuses not merely on tokenization, but on atomic settlement—the simultaneous execution of asset transfer and payment finality within a single on-chain transaction.

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2. Problem Statement

2.1 Limitations of Physical Gold

While gold is trusted globally, physical gold suffers from several inherent constraints:

• Poor portability: Physical transport is slow, expensive, and risky.

• Settlement friction: Ownership transfer is manual and delayed.

• Lack of divisibility in practice: Small-value transactions are impractical.

• Incompatibility with digital payments: Gold cannot natively integrate with APIs, smart contracts, or real-time settlement systems.

As a result, gold is largely excluded from modern payment and settlement infrastructure.

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2.2 Limitations of Fiat and Crypto Assets

At the same time, alternative financial assets also exhibit structural weaknesses:

• Fiat currencies suffer from long-term purchasing power erosion and reliance on centralized banking systems.

• Cryptocurrencies offer programmability and censorship resistance but are highly volatile, limiting their usefulness as settlement assets or units of account.

• Stablecoins reduce volatility but depend on off-chain reserves and often lack robust asset diversity or intrinsic yield.

This creates a persistent gap between trusted real-world value and programmable digital finance.

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2.3 Tokenization Is Not Enough

Many existing “tokenized gold” projects focus primarily on representation—issuing a token that references gold. However, they often fail to address the most critical challenge:

Settlement

In traditional finance, asset delivery and payment settlement are separated in time and infrastructure, introducing counterparty risk, reconciliation costs, and systemic inefficiencies. Simply tokenizing gold without addressing settlement does little to improve this reality.

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3. Design Philosophy

Starlynk Gold RWA is built around a single guiding principle:

If asset transfer and payment settlement are not atomic, blockchain adds limited value.

Accordingly, the system prioritizes:

• Atomic delivery-versus-payment (DvP)

• Clear separation between legal custody and on-chain execution

• Deterministic, low-cost settlement at scale

• Regulatory realism without regulatory over-claim

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4. System Overview

Starlynk Gold RWA operates as a dual-layer architecture:

4.1 Off-Chain Layer: Legal & Asset Foundation

The off-chain layer governs:

• Physical gold acquisition (LBMA-standard)

• Secure vault custody

• Insurance and inventory management

• AML / CFT compliance

• Mint and burn authorization

This layer is operated by Starlynk Pte. Ltd., a Singapore-incorporated entity registered as a regulated dealer for precious metals under the Precious Stones and Precious Metals (PSPM) Act 2019.

Regulatory compliance applies strictly to physical gold dealing and AML/CFT obligations. The regulator does not supervise or endorse the on-chain protocol logic.

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4.2 On-Chain Layer: Mantle Execution & Settlement

The on-chain layer is deployed on Mantle L2 and governs:

• Token ownership

• Supply accounting

• Atomic settlement logic

• Payment finality

• Smart-contract-enforced state transitions

All critical financial logic is executed on-chain, ensuring determinism, transparency, and auditability.

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5. Gold Token Model

5.1 Asset Backing

Each Starlynk Gold RWA token represents:

• Fully allocated physical gold

• Stored in secure, insured vaults

• Held under legally defined custody arrangements

The backing ratio is fixed and verifiable at issuance.

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5.2 Token Properties

• ERC20-compatible

• Fractional ownership supported

• Transferable and composable

• Usable directly in settlement flows

Minting and burning are restricted to the regulated issuer and occur only upon verified physical gold acquisition or redemption.

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6. Minting and Redemption Process

6.1 Minting

1. A user deposits approved stablecoins.

2. The issuer acquires LBMA-standard physical gold.

3. Gold is placed into insured vault custody.

4. Equivalent tokens are minted on Mantle.

5. On-chain supply is updated deterministically.

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6.2 Redemption

Token holders may:

• Redeem tokens for physical gold, or

• Settle tokens back into stablecoins

Redemption follows a defined operational timeline (T+X) and includes configurable fees designed to:

• Preserve system liquidity

• Discourage unnecessary physical withdrawals

• Align on-chain and off-chain inventory stability

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7. Yield Generation

Unlike static gold-backed tokens, Starlynk Gold RWA introduces controlled yield mechanics.

7.1 Sources of Yield

Physical gold may be:

• Leased to approved financial institutions

• Used as collateral in conservative financing structures

• Deployed in regulated gold lending arrangements

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7.2 Yield Distribution

• Yield is collected off-chain

• Transparently accounted for

• Distributed through predefined on-chain mechanisms

• Designed to avoid hidden leverage or rehypothecation

This creates a yield-bearing gold-backed asset while maintaining conservative risk controls.

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8. Atomic Settlement Engine (Core Innovation)

8.1 Traditional Settlement Model

In legacy systems:

• Asset delivery and payment settlement are separate

• Settlement occurs T+2 or later

• Counterparty risk is unavoidable

• Reconciliation is manual and costly

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8.2 Atomic Settlement Model

Starlynk introduces an atomic settlement engine where:

• Asset transfer

• Payment execution

• State finality

occur within a single on-chain transaction.

Example Flow

1. Stablecoin is locked

2. Gold token liquidity is verified

3. Gold token ownership is transferred

4. Stablecoin is released

5. Transaction commits

Any failure results in a full revert. Partial settlement is impossible.

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9. Why Mantle L2

Atomic gold settlement requires:

• Predictable, low transaction fees

• High throughput

• Fast finality

• EVM compatibility for enterprise tooling

Mantle provides:

• Payment-scale economics

• L2 execution efficiency

• Infrastructure suited for real-world financial volume

This design would be economically impractical on L1.

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10. Legal & Compliance Boundary

Starlynk explicitly separates:

Off-Chain

• Physical gold custody

• Regulatory compliance

• AML/CFT processes

On-Chain

• Ownership

• Settlement logic

• Supply accounting

• Finality enforcement

This separation ensures:

• Regulatory clarity

• Minimal trust assumptions

• No implied regulatory endorsement of protocol behavior

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11. Proof of Reserve & Transparency

Transparency mechanisms include:

• Periodic independent verification

• Physical inventory reconciliation

• On-chain supply audits

• SPV-based asset isolation where applicable

These mechanisms ensure that on-chain representations accurately reflect off-chain reality.

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12. Extensibility

The same architecture can support:

• Silver and other precious metals

• Commodity-backed RWAs

• Trade finance instruments

• Treasury-grade settlement assets

Gold serves as the reference implementation.

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13. Role Within the Mantle Ecosystem

Starlynk Gold RWA contributes:

• Real economic activity

• Non-speculative transaction volume

• Infrastructure-level adoption

• Long-term ecosystem stickiness

It positions Mantle as a real-world settlement layer, not merely a DeFi execution environment.

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14. Conclusion

Starlynk Gold RWA redefines gold for the digital era. It is not simply tokenized gold—it is gold redesigned for settlement.

By combining:

• Physical asset backing

• Legal issuance

• Atomic on-chain execution

• Mantle L2 scalability

Starlynk demonstrates how real-world assets can evolve from passive stores of value into active components of global financial infrastructure.

本次黑客松进展

Process During the Hackathon During the hackathon, the Starlynk team focused on delivering a working, Mantle-native RWA settlement prototype, prioritizing technical correctness and feasibility over scope expansion. Phase 1 – Architecture Design • Defined the atomic settlement model for gold RWA and stablecoin payments • Established clear on-chain / off-chain responsibility boundaries • Finalized Mantle L2 as the execution and settlement layer Phase 2 – Smart Contract Development • Implemented the Gold RWA token contract (mint/burn controlled by issuer) • Built the atomic settlement engine to couple asset transfer and payment finality • Optimized contracts for low-fee, high-frequency execution on Mantle Phase 3 – Integration & Demo • Integrated stablecoin inputs with the settlement engine • Simulated real payment and settlement flows • Validated full atomicity (revert-on-failure, no partial states) Phase 4 – Documentation & Review • Produced a technical pitch deck and whitepaper • Documented legal, custody, and compliance boundaries • Prepared demo flows and reviewer Q&A materials The outcome is a Mantle-ready RWA settlement system demonstrating how physical gold can function as a programmable, settlement-grade asset. Team Information – Starlynk (Mantle Hackathon) Starlynk participates in the Mantle Hackathon with a four-member core team combining real-world asset expertise, security-first blockchain engineering, AI-driven risk control, and deep crypto market execution, led by Frank Sui as Team Leader. Frank Sui (Team Leader) is the Founder and CEO of Starlynk Group. He is an Oxford University graduate with over 15 years of experience spanning investment, capital markets, and alternative assets. Frank leads the overall system architecture and product vision, focusing on building legally grounded, settlement-ready RWA and stablecoin payment infrastructure. During the hackathon, he is responsible for protocol design decisions, alignment between real-world assets and on-chain settlement, and ensuring that the system is Mantle-native, scalable, and institution-ready. Ming Guo brings extensive hands-on execution experience across security, exchanges, mining, and asset management. With a background in information security technology, he spent four years as a network and security engineer before entering the crypto industry. Since 2017, Ming has accumulated more than eight years of crypto entrepreneurship experience. He previously served as COO of an ICO project, leading operations and fundraising with distribution totaling approximately RMB 200 million. In 2018, he became COO of TBT Exchange, overseeing operations and growth, while also acting as CEO of a Bitcoin fork project (OBTC) that successfully launched. From 2019 to 2021, he led market expansion and ecosystem collaboration for a trading platform, incubating and supporting numerous blockchain projects. Since 2022, Ming has focused on overseas Bitcoin mining and digital asset management, with mining operations in Paraguay, the United States, and Ethiopia, and active involvement in both discretionary and quantitative trading. At Starlynk, he contributes real-world operational insight into liquidity, infrastructure resilience, and market dynamics. Legolas Xu, Head of AI, Security & Formal Verification, is responsible for the security, correctness, and auditability of Starlynk’s core financial infrastructure. He holds a Bachelor’s degree in Computer Software Engineering from Peking University and is currently pursuing a PhD at Nanyang Technological University (NTU), Singapore, with research focused on artificial intelligence, software engineering, and formal verification. Legolas has conducted blockchain and system security research at Peking University’s Information Security Laboratory and previously worked at Baidu as a software engineer. At Starlynk, he integrates formal verification and AI-based risk control into stablecoin, RWA, and settlement systems, ensuring that critical logic is mathematically provable, secure by design, and regulator-ready. Jack Shi, General Manager for Australia, contributes expertise across strategy consulting, venture capital, and serial entrepreneurship. He graduated from Monash University with a Bachelor of Commerce in Finance and Econometrics, achieving Distinction and receiving a Vice-Chancellor’s Scholarship. Jack previously worked at Accenture as a Strategy & Operations Consultant, delivering large-scale projects across Web3 research, financial compliance, and operational transformation, including initiatives generating over USD 100 million in cost savings for major banks. He later served as an Investment Associate and Investment Committee Member at 978 Capital, supporting the deployment of USD 15 million across AI, fintech, and Web3 startups. He is also a successful serial entrepreneur, having founded and exited RedRock Media. At Starlynk, Jack supports market expansion, institutional partnerships, and capital engagement, particularly across the Australian fintech and RWA ecosystem. Together, the team combines strategic leadership, deep technical rigor, security-first engineering, and real-world crypto execution, enabling Starlynk to deliver a Mantle-native RWA settlement system that is technically sound, operationally realistic, and scalable beyond the hackathon.

融资状态

Fundraising Status Starlynk has successfully secured USD 2 million in equity investment from Singapore-based venture capital firms. The funding supports the development of Starlynk’s real-world asset (RWA) infrastructure, including digital gold issuance, atomic settlement technology, and enterprise-grade payment systems built on Mantle. The investment reflects institutional confidence in Starlynk’s approach to combining legally grounded real-world assets, on-chain settlement, and scalable Layer 2 execution, and provides sufficient runway for continued product development, security audits, and ecosystem integration.