A Proof-of-Reserves (PoR) attestation is a procedure whereby an independent public accountant confirms Ledn’s digital assets balances at a point in time, independent of Ledn’s management. The attestation conducted by The Network Firm LLP (TNF) ensures that the company’s assets and liabilities are properly accounted for. Clients can also independently verify their balances, fostering trust and confidence in Ledn’s operations.
How the Attestation Works:
Review Process: TNF reviews Ledn’s digital asset balances, including lending operations and custodial balances to confirm everything is accurately accounted for.
Verification for Clients: Each client receives a unique, anonymized hashed ID that can be used to verify their balance on TNF’s LedgerLens platform.
How to Verify Your Balance:
Log In: Access your Ledn account and navigate to the Proof of Reserves section.
Copy Hashed Client ID: Securely copy your unique ID.
Visit LedgerLens: Use the "Confirm Assets" link to go to LedgerLens.
Verify: Paste your Hashed ID and check your balance’s inclusion.
Additional Verification: Locate your account’s information within the Merkle Tree on LedgerLens to confirm data integrity.
Privacy Assurance:
No personal information is shared during the attestation. TNF only receives hashed IDs, ensuring anonymity and data security.
Frequency:
PoR procedures are conducted at least every six months, with the most recent completed on September 30th, 2025. Clients are notified when new reports are available.
Why Might Balances Differ?
The PoR report captures balances at a specific point in time. If transactions have occurred since the attestation, current balances may differ.
Learn More:
For more details, visit our Proof-of-Reserves Guide.