Add as a preferred source on GoogleDoppler Finance Posts 100.27% Overcollateralization in Q3 Update
Collateral assets exceeded deposited and pending-withdrawal assets by $317,207 in a Sept. 12 snapshot.
Doppler Finance held $115.51 million in collateral assets against $115.19 million in assets deposited in its vaults or awaiting withdrawal as of Sept. 12, resulting in a 100.27% overcollateralization ratio.
The difference between the two totals was $317,207.
XRP vault users held 82,663,435.12 XRP, valued at approximately $112.12 million. Another 1,000,467.33 XRP, worth about $1.36 million, was awaiting withdrawal.
The XRP Ledger RLUSD vault held 1,504,350.42 RLUSD, while 54,385.69 RLUSD was pending withdrawal. The RLUSD vault on Ethereum held 151,346.85 RLUSD.
Assets held through Fireblocks totaled $4,078,742. The figures formed part of Doppler Finance's third-quarter transparency update.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.