> For the complete documentation index, see [llms.txt](https://docs.leadfi.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.leadfi.org/product/reserves-and-transparency.md).

# Reserves & Transparency

leadBTC is intended to be fully backed 1:1 by Bitcoin reserves.

### What we publish

* **Canonical reserve addresses** for on-chain verification.
* **Token contract addresses** on supported EVM networks.
* **Explorer links** for both BTC and EVM transactions.

> Always verify addresses inside the official app interface. Never trust addresses shared by third parties.

### How to verify (high level)

1. **BTC side**: View the reserve address on a public explorer (e.g., mempool.space) and check balances/transactions.
2. **EVM side**: View the leadBTC token contract on the chain’s block explorer and check total supply.
3. **Compare** outstanding leadBTC supply with reserves (adjusting for pending settlements).

More detailed proofs (e.g., dashboards, audit summaries) will be announced in-app and on our official channels.


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