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Avalanche Integrates with Chaos Labs Proof of Reserves for greater transparency of critical assets
Gate News bot message, Avalanche has integrated Chaos Labs' proof of reserve (PoR), enabling verification of cross-network bridge asset support. This integration enhances the transparency and trust of key assets (including BTC.b and WETH.e), which are critical pillars of Avalanche's cross-chain liquidity infrastructure.
Assets like BTC.b and WETH.e are the foundation of the Avalanche DeFi ecosystem. They support cross-chain access, unlock collateral utility, and enhance liquidity in trading, lending, and structured products. However, with the increase in adoption, the demand for continuous and verifiable collateral transparency has also grown, especially during periods of market volatility.
Through the integration with Chaos Labs, Avalanche now has a tamper-proof on-chain system for monitoring and verifying the supporting reserves of its most important bridge assets.