#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
Moonbeam established the governance association, intending to authorize the community 5 million GLMR and 50,000 MOVR
Odaily Star Planet Daily News: Moonbeam Network, a Polkadot parachain, announced the establishment of the Moonbeam Governance Association (MGG). It will delegate 5 million GLMR (approximately 820,000 USD) and 50,000 MOVR (approximately 500,000 USD) to authorize the community to govern Moonbeam.