The coverage record
Every institution has its own registry contract on Stellar holding what is owed, what is held and the ledger each proof was checked at. Public record pages, like this example for Kestrel Anchor's ARSK shown at full size, are coming soon.
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.
Field by field
Reserves are signed by the custodian that holds them or read from Stellar, and a contract on Stellar checks the proof before the result is written. This example shows the full record as designed; states, supply read from Stellar and the daily schedule are coming soon.
Coverage record · Example
Kestrel Anchor · ARSK
The history
Every day a proof lands, the Seal gains a solid tick. A missed day shows as a hollow one. Nothing is edited after the fact, so the history itself is the evidence.
ExampleKestrel Anchor · ARSKLast 365 days
Last 90 days
86 covered · 1 short · 3 stale
2 November 2026
CoveredReserves were at least what was owed at this ledger.
The last ten records
Every proven day is tied to a ledger that anyone can look up
| Date | Ledger | Owed | Held | Coverage | State | Check |
|---|---|---|---|---|---|---|
| 2026-11-02 | 3,412,088 | 243,118,400.00 | 251,902,115.50 | 103.61% | Covered | Verified |
| 2026-11-01 | 3,396,110 | 242,805,900.00 | 253,489,359.60 | 104.40% | Covered | Verified |
| 2026-10-31 | 3,380,307 | 242,493,400.00 | 254,133,083.20 | 104.80% | Covered | Verified |
| 2026-10-30 | 3,364,504 | 242,180,900.00 | 254,774,306.80 | 105.20% | Covered | Verified |
| 2026-10-29 | 3,348,701 | 241,868,400.00 | 255,413,030.40 | 105.60% | Covered | Verified |
| 2026-10-28 | 3,332,687 | 241,555,900.00 | 256,049,254.00 | 106.00% | Covered | Verified |
| 2026-10-27 | 3,316,884 | 241,243,400.00 | 246,791,998.20 | 102.30% | Covered | Verified |
| 2026-10-26 | 3,301,081 | 240,930,900.00 | 247,436,034.30 | 102.70% | Covered | Verified |
| 2026-10-25 | 3,285,278 | 240,618,400.00 | 248,077,570.40 | 103.10% | Covered | Verified |
| 2026-10-24 | 3,269,475 | 240,305,900.00 | 248,716,606.50 | 103.50% | Covered | Verified |
ExampleKestrel Anchor · ARSKLast 10 days
Three readers
A wallet, a lending pool and an auditor each ask the record a different question. None of them needs an account with Solva, and none needs permission from the institution. Reading the verified totals is free today; record states and daily history are coming soon.
What it reads
Will read the state from Stellar for free and show it beside each balance and on every send screen.
What it does
Will show stale as unknown, and short with the size of its gap, so a user never sees a stamp the record does not support.
Send ARSK
Kestrel Anchor
12,400.00
A stale asset shows here as unknown. It is never shown as covered.
ExampleWallet send screenLedger 3,412,088
What it reads
Will check the state on Stellar before it accepts the token as collateral.
What it does
Will accept deposits while the asset is covered and pause new deposits while it is short or stale, without anyone having to watch a dashboard.
ARSK collateral rule
Example rule, checked before every deposit
ExampleLending pool policyReading a record is free
What it reads
Reads each proof with its ledger on Stellar between audits.
What it does
Will file the record as daily evidence alongside the audit, with a dated row for every day of the period and a visible gap wherever a proof did not arrive.
Evidence for ARSK, October 2026
One row per day, with its ledger
ExampleAuditor export31 rows, each with a ledger
For institutions
Tell us which asset you issue or hold for customers. We plan a pilot with you and publish your first record together.
For readers
Run the pipeline against Stellar Testnet and watch the contract check the proof before the record is written.