Odaily Planet Daily reports that decentralized leverage protocol Gearbox announced in a post on X that GEAR has almost entered a practical state of full circulation. The freely circulating amount has reached its maximum value because 40% of the token shares are held in the DAO and do not belong to anyone. They will only be used for various donation and sponsorship programs at a rate of 3% per year, which is even lower than the general staking inflation rate of Layer1.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Odaily Planet Daily reports that decentralized leverage protocol Gearbox announced in a post on X that GEAR has almost entered a practical state of full circulation. The freely circulating amount has reached its maximum value because 40% of the token shares are held in the DAO and do not belong to anyone. They will only be used for various donation and sponsorship programs at a rate of 3% per year, which is even lower than the general staking inflation rate of Layer1.