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ETH $1,578.71 +3.32%
BNB $565.74 +2.32%
XRP $1.05 +4.26%
SOL $71.75 +8.66%
TRX $0.3200 -0.59%
DOGE $0.0755 +3.86%
ADA $0.1482 +6.10%
BCH $196.27 +5.20%
LINK $7.37 +4.68%
HYPE $63.88 +3.46%
AAVE $96.81 +19.41%
SUI $0.7046 +6.51%
XLM $0.1749 +1.47%
ZEC $417.82 +3.77%

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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