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BTC $59,895.59 -0.02%
ETH $1,591.03 +0.63%
BNB $555.89 +0.26%
XRP $1.04 -0.13%
SOL $74.58 +2.32%
TRX $0.3192 -0.71%
DOGE $0.0726 -0.84%
ADA $0.1447 -0.11%
BCH $200.24 +3.58%
LINK $7.30 -0.37%
HYPE $65.76 +5.18%
AAVE $90.19 -3.82%
SUI $0.6944 +0.81%
XLM $0.1828 +5.17%
ZEC $399.03 +3.74%

Gearbox: GEAR has almost entered a state of practical full circulation

2024-05-20 09:36:31
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ChainCatcher news, the decentralized leverage protocol Gearbox stated on X that GEAR has almost entered a state of full circulation, with the freely circulating supply reaching its maximum value, as 40% of the token share is held within the DAO and does not belong to anyone, only to be used at a rate of 3% per year for various donation and funding programs, which is even lower than the common staking inflation rate of Layer 1.

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