For anchors
Your token supply is already public on Stellar. Solva proves your reserves cover what you owe, a contract on Stellar checks every proof, and each holder can confirm their own balance was counted.
joinsolva.xyz/registry/kestrel-anchor/ARSK
Kestrel Anchor
ARSK
Is this token backed today?
Yes. At ledger 3,412,088, reserves were 103.61% of the tokens in circulation. Proven 2 hours ago.
Last 28 days
27 covered, 1 stale
Supply and reserves
What you owe is the token supply, which is already public on Stellar. What you hold is the balance of your reserve accounts, signed by your custodian or read from Stellar. Solva proves that the second covers the first and writes the result where anyone can read it. Using the supply read from Stellar in the proof is coming soon; today what is owed is a stored list of holder balances.
Read from Stellar when this page loaded
Mainnet · Horizon
| Asset | In circulation | Trustlines |
|---|---|---|
| USDCCircle | 326,389,016 | 2,527,439 |
| EURCCircle | 4,088,044 | 51,701 |
| ARSTLatamex | 243,119,979 | 328,649 |
| ARSAnclap | 42,029,750 | 38,684 |
| GYENGMO Trust | 33,527,271 | 2,318 |
| CLPXCLPX | 14,455,914 | 5,783 |
| AUDDNovatti | 2,883,849 | 1,529 |
Ledger 65,326,6732026-11-05 22:56 UTCSupply as Horizon reports it
Fiat tokens issued on Stellar today, with the supply the ledger reports for each. That is the half of the question anyone can already answer. The record adds the other half: whether reserves cover that supply. The record below is an example of what that looks like.
Coverage record · Example record
Kestrel Anchor · ARSK
Holder balances, committed as one value. Reserves are the balance of the reserve accounts, signed by the custodian or read from Stellar.
Where each number comes from
Your part
What holders and partners see
Every holder wants to know whether the token is backed. Each record answers that, with the proof behind the answer, and wallets, lending pools and auditors read the same record without asking you.
Every token you issue will get a public page at a stable address that you can link from your stellar.toml, your site and your exchange listings.
Planned format
[[CURRENCIES]]
code = "ARSK"
attestation_of_reserve =
"https://joinsolva.xyz/registry/kestrel-anchor/ARSK"Partners will read the state beside the balance. Short and stale will be shown as plainly as covered, each with the ledger it was checked at.
Your auditor's report stays where it is. Between reports, each proof is a dated result tied to a Stellar ledger, as evidence your auditor can check. Daily history is coming soon.
Last 28 days
27 covered, 1 stale
ExampleKestrel Anchor · ARSKLedger 3,412,088
Control
Only your team's passkey can own the entry and grant the key that publishes proofs, and it never leaves a team member's own device. Approving changes to reserve sources and listed assets with a passkey is coming soon.
Approval · example
Approve this change
ExampleKestrel Anchor · ARSK
What it costs
Reading a record costs nothing and needs no account. Verifying one on Stellar costs a small network fee. The terms of a pilot are agreed with each anchor before the first proof.
To read a record
Free
Holders, wallets, lending pools and auditors
To verify one record on Stellar
0.012 XLM
0.0122514 XLM · Ledger 3,191,042
To publish
Pilot terms
Agreed with each institution before the first proof
Verified transaction de9c70fc…2901Stellar TestnetProtocol 27
Questions
For anything else, ask us directly, and a person will reply within one working day.
Not the supply itself. Today what is owed is a stored list of holder balances. Reading the supply from Stellar, where it is already public, is coming soon.
Solva is designed to make one each day, on the schedule agreed during the pilot, with a day that has no proof showing as stale. Scheduled publishing is coming soon; on Testnet today a cycle runs on request.
One registry per institution today. Separate records and public pages for each asset are coming soon, never a blended figure.
No proof can be made, so nothing is published as covered. The contract only accepts a proof that reserves are at or above what is owed. A short status that shows the size of the gap is coming soon.
Yes, once public record pages launch. Each asset's page will keep a stable address for your stellar.toml, your site and your exchange listings. Coming soon.
A dated result for every proof, each tied to a Stellar ledger: evidence to check between reports. Daily history and a CSV export are coming soon. Your auditor's own report stays where it is.
For anchors
Tell us which token you issue and we will plan a pilot around it, from the first reserve account to the first public record.
For readers
See what a holder, a wallet, a lending pool or an auditor sees, and how one record answers the question each of them asks.