#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
RedStone launches the DRILL program, with 4.5% of the token supply to be distributed to core users
CoinVoice recently learned that DeFi oracle RedStone announced the launch of the RedStone DRILL program on the X platform, which will allocate 4.5% of the RED supply to RedStone's core users to reward early adopters of RedStone's technology and incentivize the rapid growth of the RedStone ecosystem.
The DRILL program is built through five strategic pillars designed to make a lasting impact: Develop (will receive 15% of the allocated tokens), Reinforce (will receive 60% of the allocated tokens), Innovate (will receive 20% of the allocated tokens), Launch (will receive 5% of the allocated tokens), and Learn (Learn). [Original link]