Binance Updates PoR Report With 11 New Tokens
The PoR report of the Changpeng Zhao-led exchange now shows 24 assets after the addition of 11 new tokens. Mask Network (MASK), Enjin coin (ENJ), WazirX token (WRX), The Graph (GRT), Chromia (CHR), Curve Token (CRV), 1Inch Network (1INCH), PowerPool (CVP), Hashflow (HFT), SSV Network (SSV), and Dogecoin are among the new tokens (DOGE).
Binance now has the largest reserves worth more than $63 billion, according to today’s announcement. However, the community believes that PoR alone is insufficient.
According to Binance’s PoR, the assets are backed by at least 100% reserves, with USDC having the highest backing at 5490.55%.
(With inputs from Shikha Singh)
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