@GMT DAO tokenomics framework focuses on fair distribution and decentralized governance. The team’s decision to burn 600 million tokens demonstrates a strategic move to ensure a healthier market environment.
Key Effects of the Burn:
Increased Scarcity: Reducing token availability may boost demand and raise prices.
Deflationary Incentive: Token holders may be more inclined to hold, reducing selling pressure.
Market Confidence: Demonstrating a long-term commitment could attract investors and partners.
The token burn creates a sustainable financial model that benefits the community and enhances the ecosystem's stability.