Gearbox, a decentralized leveraged protocol, announced on X that GEAR has almost entered a practical and fully circulating state. The freely circulating amount has reached its maximum value because 40% of the token shares are held by DAO, not owned by anyone, and 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.
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Gearbox, a decentralized leveraged protocol, announced on X that GEAR has almost entered a practical and fully circulating state. The freely circulating amount has reached its maximum value because 40% of the token shares are held by DAO, not owned by anyone, and 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.