#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
Odaily Planet Daily News Chiliz Chain CEO Alexandre Dreyfus announced on X platform that the Dragon8 hard fork upgrade will take place at 22:00 today and unveiled the tokenomics 2.0 of CHZ token.
Previously, it was announced that Chiliz Chain will launch the Dragon8 hard fork, introducing new tokenomics and developer tools. It is reported that the hard fork will take place on May 21st. This hard fork will fully implement the previously announced Chiliz Chain Tokenomics 2.0, with a structural annual inflation rate starting at 8.80% and gradually decreasing to stabilize at 1.88%.