[GIP 147] Account for DAO-owned GEAR in Circulating Supply
AI summary
This proposal suggests that the Gearbox DAO should officially consider all GEAR tokens held by the DAO itself as part of the 'circulating supply.' This means that when reporting the total number of tokens available in the market, the DAO's own tokens would be included. The proposal also directs contributors to update all official documentation and contact third-party data platforms like CoinGecko and CoinMarketCap to reflect this change.
If passed, the reported circulating supply of GEAR tokens will increase, which will also raise the project's market capitalization. This change primarily affects how the project's market metrics are presented to the public and could influence how investors perceive its valuation, but it does not alter the fundamental economics or utility of the GEAR token. Ov3rkoalafied and Mugglesect are tasked with overseeing these updates.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Proposal: The DAO will officially adopt the viewpoint that DAO-owned GEAR is part of the circulating supply.
Execution: Contributors should include DAO-owned GEAR in any future circulating supply references. They must also contact third-party data platforms (e.g., CoinGecko, CoinMarketCap) to ensure inclusion and update all official documentation references to circulating supply. Ov3rkoalafied and Mugglesect will identify and oversee necessary updates to internal and external resources.
Motivation: The motivation arises from this discussion: https://discord.com/channels/84120347…