#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
PANews May 30th news, according to the official tweet of The Sandbox, The Sandbox recently announced the launch of The Sandbox DAO (Decentralized Autonomous Organization), aiming to provide a bridge for the future development of the gaming platform, covering gaming, entertainment, music, art and other fields. Users can now participate in governance through The Sandbox DAO, helping to decide on matters that affect their land ownership, such as game aesthetics and interactivity.
The first batch of Sandbox Improvement Proposals (SIP) is now live, and users can visit sandboxdao.com to vote. Participants only need to have 5 $SAND or one LAND to vote on platform's creative narrative, Game Jam themes, Game Maker fund, and award distribution.