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Verify a treasury on Solana

How to find a startup’s round in an explorer, check it is controlled by the Krows program, reconcile its balance and follow every outflow.

8 min read2 chaptersFor everyoneAdvancedUpdated Oct 17, 2026

Chapter 1Where to look

  1. Get the contract addressOn the startup page, the “View on Solana” link in your Portfolio or, for developers, the contract field of GET /v1/round.
  2. Open it in an explorerSolscan, Solana Explorer or SolanaFM.
  3. Check the owner programIt must be the Krows program: 2QycrsXPZ3zsbUzTh6CXTx9YWmHepm4cGoohAmzricVg. You can see its status on the service status page.
  4. Look at the treasury’s USDC accountIts balance is what is left in the round.
  5. Review the transactionsInflows from investments; outflows only for approved milestones, unvetoed free withdrawals, refunds, investor withdrawals while the round is open or a referendum distribution.

Chapter 2Reconciling the figures

Balance = raised − released in milestones − paid free withdrawals − refunds. Compare it with the startup’s Milestones screen (Raised, Released, In the contract). If it does not match, ask in the chat and, if needed, tell us.

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