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DOGE $0.0781 -2.88%
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HYPE $79.29 -3.72%
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ZEC $1,252.58 -4.88%
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AMZN $252.12 -0.79%
GOOGL $292.43 -10.10%
MSFT $547.04 +3.12%
META $620.57 -0.39%
NVDA $214.39 -2.36%
TSLA $402.89 -1.65%
SNDK $1,377.38 +1.34%
INTC $91.92 -3.64%
SPCX $144.21 -3.74%
MU $955.00 -0.86%
AMD $563.38 -0.91%

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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