#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
Aptos proposed to drop the staking rewards from 7% to 3.79% within 3 months.
PANews April 19 news, according to The Block, Aptos proposed to drop the staking rewards from 7% to 3.79% within three months. The lower rewards encourage users to pursue higher yield, risk-based opportunities on-chain. This plan is similar to Solana's failed SIMD-228 proposal, which aimed to reduce Inflation through dynamic staking rewards. The proposal AIP-119 was co-authored by Sherry Xiao, Head of Production Engineering at Aptos Labs (the team behind the blockchain), and developer Moon Shiesty, who is developing Mirage, a protocol based on Aptos and Movement. Xiao also suggested that the Aptos Foundation review its current stake delegation and remove those validators who are not actively contributing to the network.