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#GateLatestProofOfReservesReportComing
I think the upcoming release of Gate's new Proof of Reserves report is an important signal. For exchanges, not only "trading volume" but also fund security and transparency have become the most critical issues. These types of reserve reports are valuable in terms of allowing users to see whether their assets are truly backed.
In periods when the market fluctuates around levels of 122,400 for BTC and 4,900 for ETH, the element of trust becomes increasingly important. Because during volatile times, the first question users ask is "is my money safe?"
My personal opinion:
Transparency policies make it much easier for strong exchanges to maintain user loyalty in the long run. As proof of reserves is shared, both trust increases and industry standards rise.
Seeing the verified asset balances in the report can particularly influence the behavior of large investors. Therefore, I think it will be important to examine the details when the announcement comes.
In short, the arrival of the new PoR report is positive. It is a good development for the ecosystem.
I enjoy following infrastructure and security, rather than just chasing prices.
(Note: This is not an investment advice.)