#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
MANTRA announces the burn of 150 million OM Tokens
gate News bot消息, The MANTRA project team recently announced the execution of the OM token burn plan. According to the announcement, the scale of this burn is 150 million OM tokens.
This news was first reported by BWENEWS. As the native token of the MANTRA ecosystem, the large-scale burn of OM tokens will directly reduce the circulating supply in the market.