Binance Upgrades Proof-of-Reserves System to Include 24 Tokens

Binance Upgrades Proof-of-Reserves System to Include 24 Tokens

Binance announced that its Proof-of-Reserves (PoR) system has been upgraded to allow verification of user assets for 11 new tokens, including $CRV, $DOGE, $MASK and others. Now, the Binance PoR system includes a total of 24 tokens.

Binance's latest verification results (snapshot taken on March 1st at 0:00 UTC) showed over $63 billion in reserves across 24 assets. 

  • The on-chain reserve of Bitcoin is $12,867,197,846, the customer net balance is $12,672,968,669, the reserve ratio is around 1.015%
  • The on-chain reserve of Ether is $7,181,365,944, the customer net balance is $7,067,910,283, the reserve ratio is around 1.016%.

 

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Source

Binance

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