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Proof of Reserves

Purpose

PoR provides evidence that WorldX holds sufficient assets within the declared scope.

Scope Declaration (PoR v1)

Each PoR report must state:

  • Snapshot time

  • Included assets

  • Included entity/entities

  • Wallet disclosure method (addresses and/or attestation)

  • Exclusions and limitations

Method Options

WorldX may use:

  • Address disclosure + signed ownership/control messages

  • Third-party attestation

  • Proof structures tied to liabilities reporting

PoR Report Format

A standard PoR report includes:

  • Reserves per asset

  • Method statement

  • Limitations

  • Changelog references for any changes

Sample PoR Report (Template)

Report: Proof of Reserves (PoR) Snapshot: YYYY-MM-DD HH:MM UTC Publication Date: YYYY-MM-DD Covered Entities: [WorldX Exchange Entity Name] Covered Assets List: [BTC, ETH, USDT, …] Verification Method: [Address disclosure + signed control proof / Attestation / Hybrid] Changelog: (link)

1) Summary

This report provides evidence of WorldX reserves held for covered assets at the snapshot time. It must be read alongside the Proof of Liabilities report for the same snapshot window.

2) Reserves by Asset

3) Methodology

  • How reserve addresses are identified (or how attestation is performed)

  • How control is proven (signed message, third-party verification, etc.)

  • How aggregation is performed across wallets

  • Any exclusions declared

4) Limitations

  • This report does not guarantee real-time solvency.

  • This report does not cover assets outside the Covered Assets List.

  • This report must be interpreted with the PoL report.

5) Notes on Changes (if any)

  • Any scope or method changes are recorded in the changelog.

Limitations

PoR does not guarantee:

  • Real-time solvency at every moment

  • Absence of future loss events

  • Completeness of liabilities unless paired with PoL

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