BTC $62,960.60 -0.10%
ETH $1,878.23 -0.28%
BNB $606.04 -0.21%
XRP $0.9997 -0.45%
SOL $75.26 -0.29%
TRX $0.3310 -0.47%
DOGE $0.0695 -0.89%
ADA $0.1761 -2.37%
BCH $203.32 -0.97%
LINK $9.46 -0.88%
HYPE $56.88 +0.82%
AAVE $85.98 -0.62%
SUI $0.6738 -1.66%
XLM $0.1568 -1.43%
ZEC $484.79 -2.19%
BTC $62,960.60 -0.10%
ETH $1,878.23 -0.28%
BNB $606.04 -0.21%
XRP $0.9997 -0.45%
SOL $75.26 -0.29%
TRX $0.3310 -0.47%
DOGE $0.0695 -0.89%
ADA $0.1761 -2.37%
BCH $203.32 -0.97%
LINK $9.46 -0.88%
HYPE $56.88 +0.82%
AAVE $85.98 -0.62%
SUI $0.6738 -1.66%
XLM $0.1568 -1.43%
ZEC $484.79 -2.19%

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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