On May 29, OKX released its 19th issue of reserve certificates, revealing that the reserve ratios of 22 publicly disclosed currencies exceeded 100%, with BTC, ETH, USDT, and USDC accounting for 104%, 103%, 102%, and 102% respectively, with a total value of $22,450,807,887.
It is reported that OKX is committed to improving the transparency of PoR to traditional financial audit standards, thus continuing to lead the industry in security and transparency. OKX insists on issuing PoR on a monthly basis, with the reserve ratio exceeding 100% for 19 consecutive months. The number of publicly announced coins has increased from 3 to 22. It has continuously upgraded the PoR system through technologies such as Merkel Tree, Full View Merkle Tree, and zk-STARK, setting multiple milestones. On the premise of protecting privacy, users can independently verify the solvency of OKX at any time, and it has been rated by blockchain expert Nic Carter as the highest level representing the quality of PoR on mainstream exchanges.
OKX released the 19th PoR: the reserve ratio of 22 publicly announced currencies exceeded 100%.
2024-05-29 08:17:14
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