Proof of Reserve
Chainlink's Proof of Reserve (PoR) service for the FBTC project implements a robust and transparent reserve verification system that continuously monitors BTC reserves through a decentralized oracle network. The system automatically updates on-chain reserve data at regular intervals, ensuring the 1:1 peg between FBTC and its BTC backing is maintained through multiple protocols.
Network | PoR Contract Address | PoR Link |
---|---|---|
Ethereum | 0x75A0d3264a949C2C920d7F25Df174af1FaF73399 | |
Arbitrum | 0xfb010c715Ff2B85DB9c896f0C030bF9329638905 |
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