On February 26th, OKX announced the 16th round of Reserve Proof (POR) with a reserve ratio of over 100% for 22 listed cryptocurrencies. The reserve ratio for BTC is 103%, while ETH and USDC both have a reserve ratio of 104%, and USDT has a reserve ratio of 105%. The total value of these four cryptocurrencies reaches $17.7 billion.
It is reported that OKX is committed to enhancing the transparency of POR to the standards of traditional financial audits, thus continuously leading the industry in safety and transparency. OKX has been releasing POR on a monthly basis, with a reserve ratio exceeding 100% for 16 consecutive months. The number of listed cryptocurrencies has increased from 3 to 22. Additionally, OKX has continuously upgraded the POR system through technologies such as Merkle Tree, Full Look Merkle Tree, and zk-STARK, achieving multiple milestones. Users can independently verify OKX’s solvency while protecting their privacy. Blockchain expert Nic Carter has recognized OKX as the highest level of POR quality among mainstream exchanges.
Please note that this article is provided by the official source and does not represent the stance or investment advice of this website. Readers are advised to conduct their own careful evaluations.
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