BTC $62,801.46 -1.12%
ETH $1,875.43 -0.38%
BNB $604.96 -0.59%
XRP $1.00 -0.38%
SOL $75.47 -0.42%
TRX $0.3331 -0.21%
DOGE $0.0694 -1.03%
ADA $0.1796 -1.97%
BCH $203.57 -4.54%
LINK $8.85 +1.29%
HYPE $56.24 -1.76%
AAVE $85.74 -3.14%
SUI $0.6754 -1.70%
XLM $0.1590 -0.64%
ZEC $486.00 -1.04%
BTC $62,801.46 -1.12%
ETH $1,875.43 -0.38%
BNB $604.96 -0.59%
XRP $1.00 -0.38%
SOL $75.47 -0.42%
TRX $0.3331 -0.21%
DOGE $0.0694 -1.03%
ADA $0.1796 -1.97%
BCH $203.57 -4.54%
LINK $8.85 +1.29%
HYPE $56.24 -1.76%
AAVE $85.74 -3.14%
SUI $0.6754 -1.70%
XLM $0.1590 -0.64%
ZEC $486.00 -1.04%

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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