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Proof of Reserves

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# SafetyFirst

116

Gate Proof of Reserves: What does 115% mean? Why does it Matter?
Gate Latest Update: Total Reserve Ratio 115% and Total Volume $8.182 Billion.
What does 115% mean?
It means Gate has 115% assets for all of Users’ deposits. 100% means 1:1. But Gate is keeping an extra 15%. So even during a Bank Run, all users can withdraw.
Why is Volume $8.182B important?
Even in a bear market, $8B+ daily volume means liquidity is strong. Slippage is lower, and order fills happen faster. Even if $H Coin drops -19%, or rises +0.59%, trading on Gate is safe.
Why do I use Gate?
1. Transparency: Publishes Proof of R

DOGE0.19%

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