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PANews reported on June 2 that Gate will launch spot trading at 18:30 (UTC+8) on June 2. Staking EDGEN mining will be launched from 20:00 on June 2 to 20:00 on June 9 (UTC+8), and you can share 7,500,000 EDGEN tokens for free by staking GT, BTC, ETH to participate in the Launchpool. Among them, the GT mining pool is expected to have an annualised rate of 16.70%, the BTC mining pool is expected to reach an annualised rate of 10.01%, and the ETH mining pool is expected to reach an annualised rate of 10.4%.

PANews reported on May 28 that Sophon (SOPH) has been opened in Gate Launchpool, and the event time is from 20:00 on May 29, 2025 to 20:00 on June 8, 2025 (UTC+8), users can stake GT, BTC, SOPH to participate in the Launchpool to share the 24,000,000 SOPH token prize pool with a total value of about $1.68 million for free (converted at the latest price of 0.07). Among them, SOPH mining pools are expected to have an annualised rate of 876%, BTC mining pools are expected to have an annualised rate of 19.87%, and GT mining pools are expected to have an annualised rate of 27%, which is now open for early staking.

GateToken (GT) Q1 2025 Burn of 1.54 Million Tokens, Continuing Deflationary Strategy GateToken ($GT), the utility and fuel token of GateChain, has reduced its initial supply of 300 million tokens by approximately 59.54% through a continuous token burn mechanism since the mainnet launch in 2019. In Q1 2025, GT burned 1,542,910.75 tokens, valued at approximately $33.8452 million, bringing the cumulative burn to 178.6 million tokens with a total value of approximately $3.92 billion. This mechanism aims to support the long-term value of the token by controlling its supply. Burn Data: - Current Burn: 1,542,910.75 GT (approximately $33.8452 million) - Cumulative Burn: 178.6 million GT (approximately $3.92 billion) - Supply Reduction: 59.54% Market Data (CoinMarketCap, May 14, 2025): - GateToken ($GT): Total Market Cap $2.06 billion (Rank #45) - Bitget Token ($BGB): Total Market Cap $5.58 billion (Rank #26) - $OKB: Total Market Cap $2.96 billion (Rank #37, some data based on other sources) - Binance Coin ($BNB): Total Market Cap $95.03 billion (Rank #4) Future Plans: GateChain plans to optimize its infrastructure, such as data availability (DA), to enhance network efficiency and security. It also aims to expand its Web3 ecosystem, covering wallets, trading, asset management, NFTs, and other areas to improve user experience and token utility. Analysis: GT's burn mechanism stands out among exchange tokens, with a relatively fast supply reduction rate, demonstrating a focus on value management. Compared to BGB and OKB, GT's market cap is lower, but its deflationary strategy provides stable value support. BNB maintains a leading position due to its mature ecosystem, highlighting the significant impact of ecosystem scale on market cap. GateChain's future development should focus on the execution of technical upgrades and ecosystem expansion. Not investment advice, DYOR.

Gate.io Publish a new reserve report. According to the data, as of May 8, the total value of Gate.io reserves reached $10.865 billion, with a total reserve ratio of 128.57% and an excess reserve amount of $2.415 billion. Currently, the BTC reserve ratio is 137.69%, an increase of 2,802 BTC from the previous period, the ETH reserve ratio is 121.36%, an increase of 188,563 BTC from the previous period, and the USDT reserve ratio is 102.63%, an increase of 441,334,786 BTC from the previous period. In addition, the reserves of assets such as GT, DOGE and XRP all exceeded the 100% reserve benchmark, reaching 178.50%, 109.19% and 116.72%, respectively. Gate.io Always put asset security and user trust in the first place, and continue to promote the innovation and upgrading of reserve audit technology. Gate.io Zero-knowledge proofs and Merkle tree structure are used to support users to verify whether assets are included in the reserve without revealing details, and at the same time, with hot and cold wallet ownership confirmation and balance snapshots, a complete data closed loop is formed, and users can independently verify through a dedicated page. In addition, Gate.io regularly updates reserve data and provides a verification path and report summary to help users understand their asset structure and reserve levels. At present, the Gate.io reserve covers most mainstream currencies and has strong market response capabilities, providing strong support for the stable operation and long-term development of the platform. In the future, Gate.io will continue to leverage its advantages in transparent operation and technology application, continue to explore new technological breakthroughs, and work with global users to create a more secure and credible digital asset trading ecosystem. Disclaimer: This content does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decision. Please note that Gate.io may restrict or prohibit all or part of the Services from restricted territories.

📢 $SHM is officially listing on @Gateio_Launch Shardeum’s native token, $SHM, will be live on , one of the leading global exchanges. 🗓️ Trading Starts: 8th May 2025, 10 AM UTC 🔓 Deposits: Open 💱 Trading Pair: SHM/USDT More details ⤵️