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ZEC $893.84 -8.73%
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GOOGL $300.05 +1.67%
MSFT $521.07 -0.07%
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TSLA $398.53 +2.96%
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SPCX $140.58 +0.77%
MU $795.63 +1.08%
AMD $576.45 +2.76%

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

2024-05-20 09:36:31

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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