What does real transparency in DeFi actually look like? Not just someone telling you "trust the numbers." Real means anyone can verify it themselves—cryptographic proof, not promises.

Take Proof of Solvency dashboards as an example. They show the actual state: what's in reserves, what's owed out, all backed by verifiable on-chain data. You don't need to believe anyone's word—the math speaks for itself. That's the difference between opacity dressed up as transparency and the real thing.