There are lots of burning mechanics in place that reduce the circulating supply & increase the value of $GEAR through scarcity. More can be found beneath in the Demand section.
Tokenomics
LP Rewards: 20%
Reserves: 5%
DAO / Future collections: 5%
Staking 2: 46.9%
Staking 1: 23.1%
Loading...
Longer NFT Staking = Higher Payouts, Rewards below are for the GR NFTs
Staking Rewards
Loading...
In order to create sustainable tokenomics we've built multiple token burning mechanisms.
This way we will make sure $GEAR does not depreciate in the future.
Burning Mechanisms
Loading...
Decay Coefficient
Formula for the coefficient:
Emissions next month = 0.9602 * Emissions in the Previous Month
Tokens emitted will decrease in the future. This way in about 60 months the emission of $GEAR will be close to zero - keeping it scarce and valuable.
Sustainability
Breeding along with the advanced burning mechanisms creates a sustainable long-term environment. IDO profits will only add to that.