Auditing the Bitcoin backing

Anyone can audit to make sure that the BTC on Libre is 100% backed by Bitcoin.

Every Libre account has it's own Bitcoin address that can be viewed on the x.libre smart contract.

If you send Bitcoin to that address, you will receive a "wrapped" Bitcoin on Libre.

To audit the Libre Crosslink Bitcoin - use this script:

Each loan vault also has it's own Bitcoin address that is stored in v.libre (vault) - running with the same security and transparency.

You can use the same script above by changing the "code" from x.libre to v.libre (vault) to verify all vaults.

Last updated 26 days ago