2min chapter

Bell Curve cover image

DAO Treasury Management | Tarun Chitra

Bell Curve

CHAPTER

Proof of Reserves Plus Proof of Liability

proof of reserves plus proof of liability proof of liability is really hard i think one interesting thing is a lot of times when you talk to exchanges about proof proof of liabilities they don't uh include a lot of liabilities that they have on their balance sheet. In dfi that's opposite like you do really know the full loan book at all times and i think that should be the gold standard right obviously we have a long way to go to get the efficiency of that to be equivalent but the reason it's a gold standard is the proofs of liabilities and assets are built into the protocols and like zero.

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