The cNGN tokens are maintained at a 1:1 ratio with the Naira and securely held in licensed custodian banks. We conduct monthly audits on reserve funds to provide a transparent overview of the asset backing supporting cNGN tokens.
cNGN is built on the foundation of multiple, rigorous smart contract audits. We continuously partner with leading security experts and institution to ensure the highest level of protection across the various blockchain networks that cNGN is deployed.