The platform says “user assets are backed 1:1 by reserves.” How can ordinary users verify this for themselves?
Proof of reserves can only show the relationship between reserves and user balances at the moment of the snapshot; it cannot fully reflect the platform’s other liabilities or business conditions.
My notes are packed with practical insights, and my account is filled with lessons.
Invest within your means, and leave yourself a way out.
$BNB 678.11(-0.22%)
DYOR, trade rationally.
Proof of reserves can only show the relationship between reserves and user balances at the moment of the snapshot; it cannot fully reflect the platform’s other liabilities or business conditions.
My notes are packed with practical insights, and my account is filled with lessons.
Invest within your means, and leave yourself a way out.
$BNB 678.11(-0.22%)
DYOR, trade rationally.