After the completion of the second round of Gearbox Cider’ed, a total of 3,000 ETH was deposited, and the price of GEAR will open at $0.0288 the day after tomorrow.
The second phase of ETH Deposit was officially launched today, December 15, by the liquidity guidance program known as “Cider’ed.” This program is part of the DeFi composable leverage agreement Gearbox Protocol.
It took less than an hour to fill the pool with 3,000 ETH, which signifies that we have reached the maximum limit of the scheme. As a result of the fact that the GEAR Deposit in the first phase contains a total of around 134 million GEAR, it is safe to assume that when the third phase of Fair Trading begins (approximately 46 hours later), GEAR will be available for trading at a price of approximately $0.0288.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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