Transparency
Reserves and controls
Everything that backs the protocol, who can change what, and every address, generated from the chain and the signed daily report. Nothing on this page is written by hand.
What backs it
Every line of the book, how it is valued and how you can check it. On chain means anyone can read the balance at the report's block.
Composition
Liquidity waterfall
Share of the book that can be turned into USDC within each horizon.
Primary market limits
Mint
Redeem
Proof of solvency
Audits
No external audit has been completed yet. Two independent audits, a public contest and a bug bounty are required before mainnet, and every report will be published here, including reports with findings.
Contracts and addresses
Chain …. Upgradeable contracts show the implementation currently behind the proxy.
| Contract | Address | Implementation |
|---|---|---|
| Existing vault on Ember, Ethereum |
Keys and Safes
Timelock
Roles
Every role currently held, from the chain's role events.
| Contract | Role | Held by |
|---|
How the APY is calculated
Last NAV report: —.