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BTC $81,016.00 +0.28%
ETH $2,302.84 -1.22%
BNB $660.70 +1.49%
XRP $1.46 +0.22%
SOL $96.22 +0.74%
TRX $0.3487 -0.32%
DOGE $0.1107 +1.10%
ADA $0.2767 -0.54%
BCH $447.30 -0.76%
LINK $10.45 -0.99%
HYPE $41.15 -2.01%
AAVE $99.86 -0.74%
SUI $1.29 +0.28%
XLM $0.1659 -0.55%
ZEC $556.84 -2.22%

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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