Proof of reserves literacy: what it shows and what it cannot
An attestation shows assets at a moment. Liabilities and timing are the harder parts.
Topic
Risk framing and regional availability notes.
An attestation shows assets at a moment. Liabilities and timing are the harder parts.
Reviews are a process, not a verdict. What triggers one and how to respond calmly.
“Stable” is a design goal, not a law of nature. Learn peg risk, issuer risk, and transfer mistakes without hype.
Leverage amplifies outcomes and mistakes. These myths keep showing up in beginner chats—here is a calmer map.
What forced liquidation means, which numbers matter, and why beginners misread margin until it is too late.
Isolated confines damage to one position. Cross shares collateral across positions. Choose with eyes open.
Stops can limit damage but can also gap, slip, or trigger your worst habits. Learn the mechanics first.
Funding is a recurring cost or credit on perpetual positions. Understand it before you hold.