Spenders Guide

Your mGOLD is not locked. It is as liquid as cash and can be "burned" for USDC instantly.

Scenario: Paying for Coffee ($5)

You want to pay a merchant, but you only hold Gold in your Aureo wallet.

1

Input Amount

• Merchant requests: 5 USDC.

• You enter "5 USDC" in the Withdraw/Spend dialog.

2

Calculation

• The dApp checks the Pyth Oracle: Gold Price = $2,500/oz.

• It calculates: You need to burn 0.002 oz of Gold to get $5.

3

Execute sellGold

• You click "Confirm Payment".

• The Smart Contract executes:

  • Burns 0.002 mGOLD from your wallet.

  • Sends 5 USDC to your wallet (or directly to the merchant's address in future updates).

4

Result

• Time taken: ~2 Seconds (Mantle Finality).

• Fee: Minimal gas fee in $MNT.

Troubleshooting

Insufficient Allowance

Make sure you approved the contract to spend your mGOLD before selling.

Slippage Error

Aureo has 0% slippage, but if the Oracle price updates drastically during your transaction confirmation, it might revert for safety. Just try again.