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DOGE $0.0785 -4.44%
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LINK $11.91 -5.24%
HYPE $77.11 -4.95%
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SUI $0.9720 -5.96%
XLM $0.1747 -5.11%
ZEC $1,205.66 -10.17%
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AMZN $251.58 -3.89%
GOOGL $325.20 -2.64%
MSFT $522.09 -1.78%
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NVDA $212.98 -3.51%
TSLA $373.58 -0.55%
SNDK $1,232.88 -9.24%
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SPCX $147.22 -6.15%
MU $845.66 -6.48%
AMD $508.03 -6.92%

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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