Gate just dropped PoSEC (Proof of Security) — a new transparency flex that shows if an exchange can cover 100% of user funds using ONLY cold storage, even if hot wallets get rekt.
The math: Cold Storage ÷ Total User Assets
Gate's current ratio: 104.58% — meaning they're overcollateralized even without hot wallets.
This comes after their PoR push. Gate's basically trying to set a new industry standard while most CEXs still play the "trust me bro" game.
Smart move or just marketing? Either way, transparency > opacity in 2025.
The math: Cold Storage ÷ Total User Assets
Gate's current ratio: 104.58% — meaning they're overcollateralized even without hot wallets.
This comes after their PoR push. Gate's basically trying to set a new industry standard while most CEXs still play the "trust me bro" game.
Smart move or just marketing? Either way, transparency > opacity in 2025.