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ETH $2,302.69 -3.40%
BNB $626.54 -1.64%
XRP $1.40 -3.10%
SOL $84.50 -3.54%
TRX $0.3245 +0.26%
DOGE $0.0990 -0.55%
ADA $0.2477 -2.66%
BCH $449.55 -1.43%
LINK $9.31 -2.18%
HYPE $41.63 -2.49%
AAVE $97.23 -0.37%
SUI $0.9336 -2.17%
XLM $0.1654 -3.75%
ZEC $352.33 -1.89%

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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