Proof-of-Reserves (PoR) lets anyone verify an exchange or issuer actually holds the assets they claim, creating verifiable trust. @UnitasLabs, in conjunction with @primus_labs and Succinct, has built a privacy-preserving PoR protocol for the USDu stablecoin.
USDu earns yield from off-chain strategies. Proof of reserves proves collateralization without leaking the strategy: 1. zkTLS attests that data truly came from the exchange 2. Succinct Private Proving computes coverage confidentially
Succinct is making DeFi more secure by bringing verifiable trust to every protocol. Start using private proving today to power the next generation of secure, compliant, and privacy-preserving DeFi.
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