#Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
SuiNS Launches RFP Program to Boost Ecosystem Development
Timothy Morano
Feb 24, 2025 16:36
Sui Foundation introduces a Request for Proposals (RFP) program to enhance SuiNS, aiming to drive innovation and community collaboration within the Sui ecosystem.
The Sui Foundation has unveiled a new initiative aimed at fostering growth within its ecosystem through a Request for Proposals (RFP) program dedicated to the Sui Naming Service (SuiNS). This program, according to the Sui Blog, offers developers the chance to secure funding while contributing to the advancement of Sui’s naming protocol.
SuiNS enables users to replace complex wallet addresses with simple, human-readable names, streamlining interactions within the Sui ecosystem. This enhancement not only simplifies transactions but also enriches user experiences and application functionality, making it a vital component of Sui’s infrastructure.
Program Objectives and Community Involvement
The RFP initiative is designed to drive targeted development efforts that align with the community’s needs. By funding projects that focus on specific, community-driven feature requests, the program aims to foster innovation and strengthen the collaboration within the Sui ecosystem. Notably, the open RFP topics have been approved by SuiNS DAO participants, marking a significant step towards decentralization.
Structured Path to Project Funding
The RFP program outlines a clear process for developers interested in participating:
Invitation to Innovators
The Sui Foundation is calling on skilled builders, community members, and innovators to engage with the RFP program. By participating, contributors can help shape the future of the Sui ecosystem. The program is open to both seasoned developers and those with fresh perspectives, encouraging a diverse array of ideas and solutions.
This initiative underscores the Sui Foundation’s commitment to enhancing its ecosystem through community-led projects and targeted development efforts, paving the way for future advancements and innovations.
Image source: Shutterstock