According to @cas_abbe, Gate.io has highlighted its Proof of Reserves (PoR), Launchpool, and MemeBox initiatives as part of its 12th anniversary campaign. The platform’s transparent PoR reporting (source: Gate.io official announcement) continues to improve trader confidence, with on-chain verification bolstering trust in asset backing. GateLaunchpool remains a strategic avenue for early-stage token access, providing traders with opportunities to earn new tokens through staking—data from Gate.io shows increased participation rates. The GateMemeBox feature is gaining engagement, offering exposure to trending meme coins with high volatility, which could present both risk and reward for active traders. These developments reinforce Gate.io's competitive position among centralized exchanges, likely affecting trading volumes and liquidity across the broader crypto market (source: Gate.io blog, May 2025).

According to @cas_abbe, Gate.io has published its latest Proof of Reserves report, revealing a robust $10.86 billion in total reserves and an impressive overall reserve ratio of 128.57%, which includes a $2.4 billion surplus. Key cryptocurrencies such as Bitcoin (BTC) are backed by 137.69%, Ethereum (ETH) by 121.36%, and Tether (USDT) by 102.63%, while DOGE, XRP, and GT all maintain ratios above 100%. This high transparency and over-collateralization directly strengthen user confidence and reduce counterparty risk, making Gate.io a more attractive platform for trading and asset storage. For traders, these verified figures provide assurance of solvency and increased security, especially important amid market volatility and growing regulatory attention. Source: @cas_abbe on Twitter, May 9, 2025.