🔥 Gate Post Ambassador Exclusive Posting Reward Task Round 4 Is Live!
Not yet a Gate Post Ambassador? Apply now 👉 https://www.gate.com/questionnaire/4937
Join the Ambassador Task and post daily from June 9 to June 15, get your posts rated, and share a $300 prize pool based on your ratings!
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will
Gearbox: GEAR token has been fully unlocked, with 39.8% of the supply held by DAO.
Odaily Planet Daily News Modular Leveraged protocol Gearbox announced on the X platform that Token GEAR has been fully unlocked, with 100% circulation. 39.8% of the supply is held by DAO, with only about 3% released annually for various plans and rewards. It is reported that, with the reduction of Token incentives, the TVL increased from $17 million in 2023 to $83 million in 2024. The new Gauges mechanism introduced in V3 realizes the democratic decision-making of borrowing Intrerest Rate. Currently, over 2.8% of GEAR has been staked. DAO generated approximately $3 million in revenue in 2024, with only $486,000 spent on Token incentives.