Dara DocsWhat is Dara?
A custodial platform for buying, selling and transferring gold-backed tokens on Stellar.
Customers want to own gold in small amounts, move it easily and check that it's real, without taking physical delivery. Dara holds the gold and issues one GOLD token per gram. Every trade is a Stellar transaction, and anyone can check the supply against the published backing.
The four products
| Product | For | What it does |
|---|---|---|
| Dara wallet | Customers | Register, pass KYC, see gold and cash, buy, sell, transfer, withdraw |
| Admin console | Staff | Assets, reserves, issuing and burning, prices, cash, customers, reconciliation, signing |
| Dara Scan | The public and auditors | Supply, published backing, Treasury balances, issuer controls and the latest reconciliation |
| Landing site | Visitors and global wallets | Explains the asset and publishes stellar.toml, the asset's public identity file |
How Dara earns
Each asset has a configurable buy and sell spread and a fee on each trade. Transfers between customers have no fee.
Where it stands
The whole system runs end to end on a local Stellar network, and make demo passes all its checks. The next step is the full run on Testnet.
flowchart LR D["Demo: done"] --> T["Testnet: next"] T --> U["UAT"] U --> M["Mainnet canary"] M --> P["Production"]
Testnet resets on December 16, 2026
The Testnet run should finish before that date, or be repeated after it.
Decisions still open
| Decision | Blocks |
|---|---|
| Home domain for GOLD | Mainnet activation |
| Alert receivers and on-call rota | UAT and launch |
| Formal approval of the PRD and of the asset, issuer, wallet and reserve policies | Launch |
| Servers: two RPC nodes, PostgreSQL HA, a Vault cluster, disk for the data lake | UAT |
The live list is the launch checklist.
Not in version 1
Payment rails (operators record cash by hand), physical redemption, moving GOLD outside Dara, self-custody, DEX use, smart contracts, automated KYC, price feeds and native mobile apps.