USDM Reserves - Attestations

Mountain Protocol engages Nephos Group, an accounting firm from the UK, to issue independent attestation reports. Reports are signed by ACCA registered accountants, licenses can be verified here.
As part of our commitment to enhanced transparency, two different attestations are issued for each month:
  • Attestation report: attests to USDM Reserves balance, USDM issuance and USDM being fully collateralized at a point in time.
  • USDM Reserves full transactional audit: attests that all transactions involving USDM Reserves were done in line with policies and regulations (will be added soon)
Given that the "Full transactional Audit" requires a full reconciliation of the month, this report is released later than the "Attestation" report.
All attestations can be independently verified in the Nephos website.
Month closed
Attestation report
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024