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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
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- #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
Stakely launches Simple CSM, aiming to simplify Ethereum stake process
According to Chainwire on January 30th, Stakely, a Block chain infrastructure provider in Spain, launched Simple CSM to lower the operating threshold of ETH 2.0 validators. This solution is based on Lido's community stake module (CSM), which allows users to participate in ETH stake without technical experience, while Stakely is responsible for Node setup, performance optimization, and maintenance.
According to the introduction, Simple CSM eliminates the need for complex server management, and users only need to provide 2.4 ETH (first validator) or 1.3 ETH (subsequent validators) as collateral.