> For the complete documentation index, see [llms.txt](https://docs.monet.cash/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.monet.cash/security/proof-of-solvency.md).

# Proof of Solvency

## Introduction

Unlike the majority of stablecoins protocols, Monet doesn't rely on multisigs or MCP vaults for its backing management but on onchain & permissionless smart contracts called [Monetizer Module](/products/how-it-works/monetizer-module.md). The [Monetizer Module](/products/how-it-works/monetizer-module.md) is handling mint, burn & redeem operations within approved parameters, you can learn more about it [here](/products/how-it-works/monetizer-module.md). Users, keepers and anyone can freely interact with the backing of Monet Stablecoins without any cooldown.

Protocol contributors do not have access to Monet stablecoins backing. Moreover the backing is held entirely onchain.

## Reserves Addresses

{% tabs %}
{% tab title="USDmo" %}

| Blockchain    | Contract Name  | Contract Address                                                                                                                          |
| ------------- | -------------- | ----------------------------------------------------------------------------------------------------------------------------------------- |
| Eden Mainnet  | MonetizerUSDmo | [0x6500f46603e7a7f8e2d4027ff371ab9303cd016e](https://eden.blockscout.com/address/0x6500f46603e7a7f8e2d4027ff371ab9303cd016e?tab=contract) |
| {% endtab %}  |                |                                                                                                                                           |
| {% endtabs %} |                |                                                                                                                                           |


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