Knowledge centre

Understand the network.
Then make your own assessment.

Read the original vision, explore the network’s technical design and understand PGC’s economics. The core documents are collected here, with their editions clearly identified.

Core documents

Vision. Design. Economics.

Three perspectives on one network.
Read online or download a copy.

The foundation

Original white paper

The founding vision for decentralized gold custody and Cypher claims. Preserved as the network’s original paper.

Historical edition · December 2023PDF · 5 pages

The founding paper predates the current Panda Chain design and proposed tokenomics.

The network design

PGN Technical Overview

How gold enters the network, how custody is secured and how Cyphers support redemption, payments and liquidity.

Version 1.4 · 23 October 2026PDF · 24 pages

Previously titled PGN White Paper. Covers the proposed Panda Chain launch design.

The network economics

PGC Tokenomics

One million PGC for network founders and 20 million for network programmes, with proposed vesting, custodian staking, rewards and fee-funded buybacks.

Version 1.5 · 24 October 2026PDF · 13 pages

This edition contains the current PGC allocation. Read the Technical Overview for custody and service mechanics.

Essential reading

Questions worth
asking.

What is live today?

The Polygon virtual-mining application is live. The Panda Chain gold network launch is targeted for January 2027. Gold services shown here are planned until individually activated.

Is a Cypher the same as PGC?

No. A Cypher is a claim on a specified quantity and quality of gold. PGC is the network token used for governance, custodian staking and incentives. Owning PGC does not itself create a claim to gold.

Can I redeem a Cypher for physical gold?

Physical redemption is part of the planned Cypher service. A holder requests delivery through a participating node, under the published rules for location, denomination, charges and delivery time.

Does a gold claim earn a guaranteed return?

No. The model includes potential allocations from network fees and PGC rewards. Amounts depend on activity and the applicable programme. Future leasing would be separately consented; gold and token values can fall.