Proof of Reserve

Secure delivery of auditable reserve holdings to on-chain

For a comprehensive illustration of utilizing Orakl Network's Proof of Reserve, refer to the example repository of the data-feed-consumer. The on-chain implementation for Proof of Reserve mirrors that of the Aggregator and the Aggregator Proxy.

What is Proof of Reserve?

The Orakl Network's Proof of Reserve (PoR) stands as a vital element in fostering trust and transparency within the financial ecosystem of Orakl Network. Playing a pivotal role, PoR is dedicated to the validation of reserve holdings for financial entities through a secure and auditable procedure. The GPC Proof of Reserve refers to a reserved quantity of non-fungible tokens (NFTs) issued specifically for Gold Pegged Coin.

Proof of Reserve on Cypress

PoR	Aggregator	AggregatorProxy	Heartbeat (m)
GPC (Gold Pegged Coin)	0xb5e91e5CE0B8e6fc3029b4E9ce057675a2c96dd1	0x9FbA23B10692cB3fa6Fea09834855ACc597BD180	60

Proof of Reserve on Baobab

Disclaimer: The data submitted to Baobab chain and is only for testing purposes. It does not always represent real-world data.

PoR	Aggregator	AggregatorProxy	Heartbeat (m)
GPC (Gold Pegged Coin)	0x58798D6Ca40480DF2FAd1b69939C3D29d91b60d3	0x821179a6d4F62fa6979BF42bEb9eE16a1F14C4eD	2

How to read from Aggregator contract of PoR

The Proof of Reserve (PoR) in Orakl Network is realized through two key smart contracts: Aggregator and AggregatorProxy. These contracts form a pair, representing a specific data feed, and enable continuous access to the reserve holdings. The Aggregator receives regular updates from off-chain oracles, ensuring accurate and up-to-date reserve information. The AggregatorProxy serves as a consistent API for accessing the submitted data.

For a detailed understanding of PoR and its integration, refer to the Orakl Network Data Feed documentation. This documentation provides comprehensive insights into the architecture, reading procedures, and the relationship between Aggregator and AggregatorProxy, enhancing your grasp of PoR functionality.

To learn more about how to read reserves from Aggregator contract, visit Data Feed documentation.