What is Proof of Reserve

orbix updates a Proof of Reserve Report of July 2024 aimed at revealing information about the liquidity and preservation of clients assets on our platform. This process is considered essential in ensuring transparency in the operation of Digital Asset Exchange. Liquidity management is the proactive process of ensuring a client assets are adequately preserved in the case of impact market circumstances.

Proof of Reserve Calculation

Proof of Reserve can be calculated by comparing
reserved asset under orbix with the deposit asset of orbix users.

In case that the reserve ration is equal to or more than 100%, then that mean the reserve asset of orbix is no less than deposit asset of users.

Example, BTC 1xx% mean that orbix reserve BTC more than all users deposit BTC.