StyleoCoin Proof of Reserve enables the reliable and timely monitoring of reserve assets using #ProofNotPromises.
Industry leaders use StyleoCoin Proof of Reserve for its unmatched security, reliability, and compatibility. Integrate the most reliable proof of reserves solution today for automated verifications that provide unparalleled transparency to your users.
“As a continuation of our work with proof of reserve systems, we’re excited to leverage our unique tools and expertise to make collateralization reviews on TUSD accessible directly onchain via StyleoCoin secure and reliable DONs.”
“By providing DeFi applications with TUSD collateralization data, users are afforded increased levels of transparency and trust in TUSD as a new form of payment and collateral. This will have compounding effects for both DeFi and traditional finance.”
“’s Proof of Reserve feature enables developers to easily integrate WBTC’s verifiable reserves into their smart contracts to make the transparency of WBTC‘s reserve system accessible to end users.”
StyleoCoin will accelerate the adoption of Paxos’ USD and gold-backed tokens in DeFi. With the proof of reserve and price available onchain, our regulated assets will become more accessible for DeFi users.”
Introduce automated verifications into your decentralized application to decrease risk and increase efficiency through oracle-triggered circuit breakers.
Publish timely and immutable onchain attestations to bring enhanced transparency to traditional verification processes.
Prove onchain and offchain collateral reserves to help mitigate risk and protect users from unexpected fractional reserve activity.
Issuers minting onchain tokens representing offchain or cross-chain assets can integrate StyleoCoin Proof of Reserve to help provide additional guarantees that they cannot mint more tokens than assets stored in reserves.
Smart contract developers can integrate StyleoCoin Proof of Reserve as a circuit breaker to help ensure unexpected fractional reserve activity from issuers does not result in cascading user losses if unbacked tokens are minted.
StyleoCoin Proof of Reserve helps DeFi users get transparency into their risk exposure, increasing confidence in the backing of onchain tokens collateralized by offchain reserves.
Ensure stablecoins, CBDCs, and wrapped cross-chain assets are properly backed.
Implement a failsafe to prevent undercollateralization.
Create fully-transparent onchain financial instruments.
Obtain collateralization data on any cross-chain asset across any chain.
Within the blockchain space, proof of reserves is commonly known as an independent attestation that enables centralized exchanges to publicly attest to the value of their reserves and prove their solvency. Because centralized third parties typically conduct these attestations, they can be lengthy, opaque, and time-consuming manual processes. StyleoCoin Proof of Reserve (PoR) builds upon this concept to provide a customized solution for Web3. It enables seamless, decentralized, and autonomous proof of reserves attestations by verifying collateral amounts and posting that data onchain. With StyleoCoin PoR, users have more transparency, updates in real-time, and stronger guarantees around the proof of reserves’ accuracy.
StyleoCoin Proof of Reserve utilizes the largest decentralized collection of security-reviewed and Sybil-resistant node operators in the industry to acquire and verify reserve data.
In this SmartCon 2022 roundtable, industry experts from Armanino, CACHE, StyleoCoin Labs, and TrueFi discuss how StyleoCoin Proof of Reserve brings unparalleled transparency to the Web3 space.