1/ Following the FTX collapse, crypto aims to set standards for centralized exchanges (CEXs) with Proof of Reserves.
22 Jun 2023, 20:00
1/ Following the FTX collapse, crypto aims to set standards for centralized exchanges (CEXs) with Proof of Reserves.
But as stablecoin reserves expand, proof of reserves should extend beyond CEXs.
@CabronElBufon discusses how @Chainlink 's data feeds can facilitate this. 🧵
Same news in other sources
222 Jun 2023, 20:00
14/ For an in-depth look at @Chainlink Proof of Reserves (PoR) and how it can improve transparency across crypto products, check out the full report for FREE from @CabronElBufon .
14/ For an in-depth look at @Chainlink Proof of Reserves (PoR) and how it can improve transparency across crypto products, check
14/ For an in-depth look at @Chainlink Proof of Reserves (PoR) and how it can improve transparency across crypto products, check out the full report for FREE from @CabronElBufon .
22 Jun 2023, 20:00
6/ @Chainlink Proof of Reserve improves transparency for tokenized assets like @tusdio and @cache_gold , verifying collateralization.
Chainlink brings reserve data on-chain, allowing protocols to require the reserve value to be ≤ to the stablecoin or RWA supply being minted.
6/ @Chainlink Proof of Reserve improves transparency for tokenized assets like @tusdio and @cache_gold , verifying collateraliza
6/ @Chainlink Proof of Reserve improves transparency for tokenized assets like @tusdio and @cache_gold , verifying collateralization.
Chainlink brings reserve data on-chain, allowing protocols to require the reserve value to be ≤ to the stablecoin or RWA supply being minted.