Discover and read the best of Twitter Threads about #GramChain

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šŸ§µTransparency and Proof of Reserve of #Gold Backed Tokens

CACHE Gold $CGT (current) - explorer.cache.gold + @chainlink Proof of Reserve data.chain.link/ethereum/mainnā€¦

PAX Gold $PAXG (43 days outdated) - 5 page "Attestation report" to cover $600+ million - paxos.com/attestations/
Tether Gold $XAUT (133 days outdated) - 4 page "Attestation report" covering more than $80 billion in assets, just a few paragraphs are dedicated to $XAUT the 246,524.33 ($450+ million USD) ounces of #gold #Tether claims to hold

tether.to/en/transparencā€¦
. @kinesismoney (534 days outdated) - #Kinesis promised to deliver audits twice per year but has failed to provide any audits for 534 days and counting. They have not provided any explanation for the lack of audits other than "#COVID" has prevented it.

kinesis.money/audits/
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