# Example Collateral Allocation

The collateral backing apxUSD will be dynamically allocated across preferred shares issued by various Digital Asset Treasuries (DATs), with any allocation changes reflected in real-time on the transparency dashboard. Additionally, the backing will contain cash and short term treasuries as a liquidity buffer. The table below provides an illustrative example of a portfolio allocation:

<figure><img src="/files/xXBFVXYFVitZekR4zxWs" alt=""><figcaption></figcaption></figure>


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