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BTC $79,012.39 -2.74%
ETH $2,224.03 -2.52%
BNB $671.32 -1.58%
XRP $1.43 -4.04%
SOL $89.03 -3.33%
TRX $0.3518 -0.41%
DOGE $0.1125 -3.51%
ADA $0.2609 -3.96%
BCH $425.51 -2.45%
LINK $10.06 -4.17%
HYPE $43.47 -4.73%
AAVE $92.60 -6.06%
SUI $1.08 -8.25%
XLM $0.1545 -4.99%
ZEC $511.99 -7.04%

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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