SEDRA
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Proof of Reserve
Every wSDR is backed by real SDR.
wSDR is wrapped SDR on Polygon. Each one is a claim on 1 SDR held in reserve on the Sedra chain. This page reads both chains live, in your browser, so you never have to take our word for it.
Checking both chains…
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Reserve coverage of circulating wSDR
Verify it yourself. The two numbers above are read straight from the source:
• wSDR supply =
• SDR reserve = the balance of the reserve address on explorer.sedracoin.com.
Coverage is simply reserve divided by supply. As long as it stays at or above 100%, every wSDR can be redeemed for one SDR. No new wSDR is minted without locking matching SDR first.
• wSDR supply =
totalSupply() on the Polygon contract, via a public Polygon RPC.
• SDR reserve = the balance of the reserve address on explorer.sedracoin.com.
Coverage is simply reserve divided by supply. As long as it stays at or above 100%, every wSDR can be redeemed for one SDR. No new wSDR is minted without locking matching SDR first.