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Gearbox: GEAR has almost reached a state of full practical circulation

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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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.

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