📊 Gate.io December #Reserve Report# : Total Reserve Ratio Hits 123.91%, Key Metrics Reach Historic Highs!
Reserve Data Summary:
• Total Reserve Value: $9.566 billion, marking an all-time high and reflecting Gate.io’s solid financial foundation and unwavering market confidence.
• Total Reserve Ratio: 123.91%, with multiple cryptocurrencies exceeding 120% in reserve ratios, positioning Gate.io ahead of industry benchmarks.
• Excess Reserves: $1.846 billion, another record, demonstrating Gate.io’s ongoing commitment to safeguarding user assets.
• Excess Reserve Growth: 68.89%, highlighting the pl
Parasail and Axelar have reached a strategic integration and launched the first DePIN Cross-Chain Interactionstake feature
On November 8th, DePIN infrastructure Parasail announced a strategic integration with the general interoperability platform Axelar, and launched the first DePIN Cross-Chain Interactionstake function. The aim is to provide users with a more convenient DePIN stake experience through Axelar's Cross-Chain InteractionToken service and Squid Router, while unlocking new opportunities for DePIN Token in the multi-chain ecosystem. Through this integration, Parasail will support users to execute Token transactions and Cross-Chain Interactionstake in mainstream blockchain networks without the need to hold DePIN native Tokens or hardware resources.