1 month ago
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Key Takeaways
- The Network Firm will examine FRNT’s reserves and token supply.
- Chainlink will deliver the resulting figures to blockchain applications.
- Secure Mint could stop unsupported issuance, but it is not active yet.
- The feed cannot answer every question about custody, liquidity or redemption.
Wyoming is changing who can use the reserve data
The Wyoming Stable Token Commission has adopted Chainlink Proof of Reserve for Frontier Stable Token, or FRNT. The Network Firm will examine the reserves and circulating supply, while Chainlink will make the resulting data available onchain.
FRNT already had daily reserve reporting. Its public transparency dashboard allows people to compare outstanding tokens with the cash, US Treasuries and repurchase agreements...
English (US)