Chainlink Proof of Reserves product
Overview
Chainlink Proof of Reserves (PoR) is a decentralized oracle service that provides on-chain verification of off-chain asset reserves. It is a DeFi infrastructure product used by token issuers to prove that the reserves backing a synthetic or wrapped asset match the on-chain supply. The service pulls reserve data from independent sources, such as custodian audits and attestations, and publishes it on-chain for public verification.
Within the DeFi Intel graph, Chainlink Proof of Reserves connects to 2 tracked entities, most strongly to Chainlink, Chainlink Labs.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
launched | Chainlink | 95% |
launched | Chainlink Labs | 85% |
Frequently asked questions
What is Chainlink Proof of Reserves?
Chainlink Proof of Reserves (PoR) is a decentralized oracle service that provides on-chain verification of off-chain asset reserves.
Who launched Chainlink Proof of Reserves?
Chainlink Proof of Reserves was launched by Chainlink and Chainlink Labs.
How does Chainlink Proof of Reserves verify asset reserves?
The service pulls reserve data from independent sources, such as custodian audits and attestations, and publishes it on-chain for public verification.