Gearbox: GEAR has almost reached a state of full practical circulation
The decentralized leverage protocol Gearbox announced in a post on X that GEAR has almost entered a fully practical circulation state, with the freely circulating volume reaching its maximum. This is because 40% of the token shares are within the DAO and do not belong to anyone. They will only be used for various donation and funding programs at an annual rate of 3%, which is even lower than the common staking inflation rate of Layer1.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ETH falls below 3100 USDT, 24H down 6.53 per cent
SOL falls below 210 USDT, down 1.45% in 24H
Market news: VanEck says BTC target price of $180,000 for this cycle
Trending news
MoreCrypto prices
More
