Transparency and Reporting

Transparency is a core principle at Mu Digital and we intend to provide regular, verifiable updates on the underlying Asset Pool and our onchain treasury balances to give users clear visibility into the protocol's health and performance

Weekly NAV Reports

• Weekly Net Asset Value (NAV) reports from the Fund Admin overseeing the underlying Asset Pool

• This would track any MtM movements in the underlying RWA Asset Pool and the actual yield generated by the assets

• Over time and where feasible, we will endeavor to provide these updates more frequently

Monthly Fund Performance Reports

• Our Fund Manager partner, GHAM, will also publish monthly reports to provide qualitative and quantitative assessments of fund performance

• A high level portfolio breakdown by asset type, maturity bucket, and credit ratings will also be provided

• This helps users see how the portfolio aligns with our stated Risk Management Framework made available in this paper

Protocol-Owned Wallets

• In addition to the proposed Insurance Fund, we also intend to hold some liquidity in onchain Treasury Wallets to help facilitate timely minting and redemption for approved users

• The addresses and balances of these wallets will be made available for users to verify holdings onchain in real time

• These wallets will be segregated from the Company's operational funds and kept completely distinct and separate