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Proof of reserve

Last attested —

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of circulating HNGN is backed by fiat Naira reserves

On-chain supply

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Fiat reserves

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Treasury float

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Undistributed HNGN ready for deposits

In customer wallets

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Backed 1:1 by naira in reserve

HNGN on Kross chain

Network
Kross chain · mainnet
Asset ID
2bYUkh4o…1GmEfu
Decimals
6
Smart token
Yes
View on Kross explorer

Reserve partners

Reserve accounts are being published.

Supply events

No mint or burn events yet.

Attestation history

The first attestation will appear here.

How the peg works

  1. 1. Fiat Naira arrives at a partner bank and is confirmed.
  2. 2. An equal amount of HNGN is minted as a ledger event.
  3. 3. Withdrawals burn HNGN before fiat leaves the reserve.
  4. 4. A reconciliation job flags any drift between supply and reserves.