福禄寿 UV DAO|Oct 21, 2026 12:02
Proof of reserves announcements reveal a lot of details. Take Gate's latest one, for example: customer assets are growing, and the reserve coverage ratio has increased from 117.26% to 118.49%. This shows that reserve growth is keeping up with user asset growth, with some extra margin left over. Both the number of BTC and ETH held by users and the platform's reserves are increasing, and the scale of user-custodied assets is also expanding. For exchanges, products and business determine how fast they can grow, while reserves and risk control determine how stable they can be. Continuously making this data public and giving users something to verify is a solid way to build trust.
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