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Gearbox: GEAR is almost in full circulation
2024-05-20 01:32
Odaily Planet Daily News: The decentralized leverage protocol Gearbox published a statement on X stating that GEAR has almost entered a state of actual full circulation, and the freely tradable amount has reached the maximum value, because 40% of the token shares are within the DAO and do not belong to anyone. They will only be used for various donations and funding programs at a rate of 3% per year, which is even lower than the general pledge inflation rate of Layer1.