#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 will launch governance TokenNS on November 14th
PANews November 12th news, Sui Name Service (SuiNS), the Sui ecosystem domain name service, announced the launch of NSToken to promote decentralization and empower community members with the right to participate in key protocol development decisions. NSToken will go live on Thursday, November 14th, and SuiNS (NS) AirdropNFT holders (about 183,000) will be able to claim Token Airdrop through a website, which will be made public on TGE day. Earlier, SuiNS announced its NSToken economic model, with 10% allocated to eligible community members. Related Reading: A Quick Look at the Uses of SuiNS Token: Empowering Community Governance and Decentralization