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BTC $73,273.14 +0.43%
ETH $2,292.77 +2.09%
BNB $611.25 +0.70%
XRP $1.36 +0.36%
SOL $85.31 +0.50%
TRX $0.3195 +0.29%
DOGE $0.0935 -0.24%
ADA $0.2513 -1.57%
BCH $438.70 -1.32%
LINK $9.15 +0.45%
HYPE $42.68 +2.83%
AAVE $95.63 +2.21%
SUI $0.9503 +0.41%
XLM $0.1547 -0.35%
ZEC $372.60 -0.41%

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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