Agora Integrates Proof of Reserves
Agora has officially integrated Chaos Proof of Reserves, enabling verification of AUSD’s asset backing. This integration provides transparent monitoring of AUSD’s reserves, ensuring the stablecoin remains fully collateralized by cash, U.S. Treasury Bills, overnight reverse repos, and stablecoins.
Check out the AUSD PoR Dashboard
About AUSD
AUSD is a fully collateralized, non-custodial stablecoin issued by Agora and backed 1:1 by U.S. Treasury Bills, cash, overnight reverse repurchase agreements and stablecoins. Designed for global accessibility, AUSD is a stable and scalable digital dollar.
Built to meet the demands of modern DeFi and real-world finance, AUSD includes security and compliance features, including minting/burning controls and asset-freeze capabilities to mitigate financial risk.
Proof of Reserve Overview
The Chaos Proof of Reserves will monitor and publish reserve data to supported chains. For AUSD, this includes:
- Total net asset value (NAV) of collateral reserves assets
- Circulating on-chain supply after accounting for any pre-mints to satisfy liquidity needs
- Cross-verification at specified snapshots, providing transparency into Agora’s solvency
This integration provides transparency, verifying AUSD's 1:1 backing both directly onchain and on the Chaos Labs Proof of Reserves Portal. For questions or partnership inquiries, reach out to the Chaos Labs team or follow @chaos_labs on X for updates.
