Gearbox: GEAR has almost reached a state of full practical circulation
Bitget2024/05/20 01:42
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.
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