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BTC $60,742.03 -2.05%
ETH $1,557.32 -6.45%
BNB $574.21 -2.70%
XRP $1.08 -2.75%
SOL $62.49 -5.41%
TRX $0.3199 -1.57%
DOGE $0.0813 -3.22%
ADA $0.1562 -3.73%
BCH $219.70 -1.69%
LINK $7.32 -3.06%
HYPE $59.62 -3.34%
AAVE $61.39 -7.30%
SUI $0.7022 -1.13%
XLM $0.1983 +4.59%
ZEC $365.99 +22.42%

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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