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
Data: Multiple tokens experience a surge followed by a pullback, EGLD hits a new weekly low
Analysis: Ethereum has held its support level, Bitcoin is expected to rebound to $100,000
An Ethereum OG address deposited 18,000 $ETH worth $54.78 million to an exchange.
Trending news
MoreCrypto prices
More
