1/ We are aware of certain concerns being raised regarding the digital asset lending space. Here’s where Ledn stands on this; a 🧵
2/ Our business fundamentals are strong, and all of our clients’ assets are safe and secure.
3/ For #transparency - we took the decision to become the first digital asset lending company to complete a #ProofofReserves attestation. And we do this every six months. Our next proof of reserves will be completed as of July 31, 2022.
4/ We’ve emphasized this from the start since we believe clients should have the confidence that their assets are being properly accounted for & safeguarded with the utmost care.
5/ Our thoughtful approach of supporting only select digital assets our platform (#Bitcoin & $USDC) allows us to deliver a simple and transparent client experience.
6/ We believe that clients should understand how yield is generated. At Ledn, we generate yield on client assets exclusively through lending to qualified institutions.
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