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
Overview of Key Overnight Developments on July 29
Microsoft integrates AI Agent into Edge
U.S. Commerce Secretary: Trump to Make Tariff Decisions on Other Countries This Week
Trending news
MoreCrypto prices
More
