Saga holds its reserve in regulated banks within reputable jurisdictions. The funds in the bank accounts are deposited in FIAT currencies replicating the composition of the Special Drawing Right (SDR). The reserve will be held in low-risk liquid deposits.
The management of the Reserve among the different partner banks is done with the purpose of minimising counterparty risk while optimising stability.
The reserve is fully transparent and you can monitor it through the attestations published on Saga's Performance page.
How does Sögur manage its reserves? Print
Created by: Keren Orian Nadel
Modified on: Mon, 21 Sep, 2020 at 11:29 AM
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