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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!
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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
EigenLayer, Polymarket, and UMA collaborate to develop a next-generation Oracle Machine system
ChainCatcher News, according to The Block, Decentralizationstakeprotocol EigenLayer, prediction market platform Polymarket, and DecentralizationOracle Machineprotocol UMA announced a partnership to jointly develop a new generation Oracle Machine system. The system will be developed based on EigenLayer's infrastructure, leveraging its stake mechanism and EIGEN Token, and will verify the truth of facts through 'intersubjective Consensus,' a mechanism that relies on community Consensus rather than purely objective data. EigenLayer's technology allows users to reuse staked ETH or liquid stakeTokens to secure additional services such as Oracle Machine, while being secured by the Ethereum network. Polymarket is currently using UMA's optimistic Oracle Machine system for market settlement, successfully handling over 10,000 prediction markets, with the vast majority of outcomes undisputed. The collaborative project is still in the research and development phase, and specific technical architecture and launch schedule have not been disclosed to the public yet.