Proof of Reserves
NYXANCE is committed to full transparency. Our Proof of Reserves system is being developed with third-party auditors.
What is Proof of Reserves?
Proof of Reserves (PoR) is a cryptographic verification method that allows users to independently verify that NYXANCE holds sufficient assets to cover all user balances.
Our PoR system uses Merkle tree technology to create a tamper-proof snapshot of all user balances, which is then verified against on-chain wallet holdings by independent auditors.
How Verification Works
Merkle Tree Verification
Each user balance is included as a leaf in a Merkle tree. You can verify your inclusion without revealing other users' data.
Our Commitment NYXANCE is committed to full transparency. We will never use customer funds for proprietary trading, lending, or any other purpose. All user deposits are held 1:1 in segregated wallets.