> For the complete documentation index, see [llms.txt](https://docs.amktdao.com/old-amkt-documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.amktdao.com/old-amkt-documentation/amkt-token/reserves.md).

# Reserves

AMKT is always backed 1:1 with its constituents. AMKT's objective is to give index token holders the peace of mind that the index is always backed by the assets it claims to represent - the contents of custodial accounts are published in real-time. A real time dashboard of reserves backing AMKT can be found at the [AMKT Reserves page](https://alongside.xyz/reserves).

* At the beginning of the month during rebalance and re-weighting, the accounts may appear momentarily under-collateralized. This is normal - as the index adjusts its methodology, assets must be transferred into and out of the vaults.
* AMKT relies on both hot and cold wallets. Discreet cold addresses can be directly verified by users.

In addition, AMKT uses the [#chainlink-proof-of-reserves](#chainlink-proof-of-reserves "mention") off-chain decentralized oracle network to offer an independent attestation of reserves backing the index.