XAUT should obviously be ignored because Tether is shady to say the least, and should be considered un-backed until proven otherwise.
At least the economics surrounding the sXAU derivative and the backing of its valuation are clear, while the 2 other tokens have credible physical gold backings.
So i’m in favor of a sXAU/PAXG/PGMT pool.
A pool being only as strong as its weakest token, I can say that if a gold pool is made including XAUT, i’ll personnally choose not to participate in it.
As for PGMT I find it funny to see it voted the least despite being what i think is the strongest Gold based token of the 4 by being directly insured by the Australian national mint (which is one of the major gold mints in the world) and having absolutely 0 fees.
Regarding the argument of “staying focused” , i’d say, if anything, it should apply first to all the existing -and incoming- USD pools…
I’m personally not interested in losing money with exposure to a depreciating USD and right now the only choice of non-USD pool is BTC.
So I think a gold pool would be a good thing, even it if it remains a marginal pool. As i understand it, being an easy bridge between similar stablecoins is the reason for this platform and there’s none for gold tokens right now… so its the perfect usecase for Curve.
Let’s just keep Tether out of it, no need for any additional risk on top of everything else.