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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
- Limited-Time Airdrop Is LIVE — Don't Miss Out!
Exclusive for new Gate users:
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👉 https://www.gate.com/campaigns/1227
- #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
Terra Luna Classic community approves new tax handling proposal, introducing the "Reverse fee" mechanism.
Odaily Planet Daily News Terra Luna Classic community has voted to approve a new tax handling proposal aimed at simplifying the tax system on the Terra Classic blockchain. This 'Reverse Charge' mechanism changes the way taxes are deducted in transactions, making it easier for developers and users to use the system. This mechanism will deduct taxes directly from the transaction amount before it is credited to the recipient's Wallet. This change eliminates the need for the sender to pay additional taxes, bringing convenience to developers and end users. In this system, the tax is deducted directly from the transfer amount, so DApp developers and interfaces do not need to deal with complex tax management. The new tax system also supports backward compatibility, so DApps can still use the sender's tax processing as needed.