Gaib updated asset transparency proof:

(1) Out of the 200 million USD TVL, over 150 million USD has been redeemed, leaving a current TVL of 46 million USD, of which AID is 5 million USD and sAID is 41 million USD.

(2) The reserve fund of AID is $5.11 million, the excess should be the profit from buying government bonds. The sAID reserve ratio is 100%, which means that the lender has not yet paid interest and there is currently no distribution plan for government bond profits and loan profits.

(3) A total of $33.9 million in sADI has been deployed into three loans, with a current book price of $7 million.

(4) Although the agreement published the "independent audit report" provided by the Hong Kong Evergreen Accounting Firm, from the content of the report, the accounting firm can only certify that:

① The funds were invested in these three trades. ② The amounts and descriptions of the three trades are consistent.

But the following information is not provided: ① The client's credit status, whether there may be unrecoverable amounts ② Loan term, interest rate, interest payment method, etc.
③ Whether the collateral truly exists, and whether the collateral structure is reliable.

If I have my own funds in it, I would redeem all AID and sAID on Day 1.