#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
Kaia Foundation: will suspend new FNSA stake to promote Kaia Mainnet integration
Odaily Planet Daily News According to official sources, the Kaia Foundation has announced that the new FNSA stake will be suspended starting from August 23, 2024, to facilitate the smooth integration of the Kaia Mainnet. All delegation and redelegation functions on the FNSA wallet will be disabled, and stake rewards will cease on August 26, 2024, three days later. In addition to canceling the stake reward, the unstake time is also shortened from 7 days to 1 hour to simplify the process.