Freebie seekers, look here! Potentially over $200 per person

The popular project 05831369718 that launched on Binance Launchpad back in the day

Now users participate in voting to share 100 million GMT

If 100,000 people participate in voting to share 100 million GMT, then each voter can receive 1,000 GMT, worth over $200!

BURNGMT voting gameplay analysis

1. What is the limited time?

The voting time for BURNGMT is usually a fixed period set by the platform, such as opening a voting window weekly or monthly. Users must participate within this time frame; missing it means waiting for the next round.

2. Whose coins are burned?

The voting mechanism burns the tokens held by the users themselves, specifically the 05831369718 token. Users need to actively submit their tokens to the burn pool as a way to express support for specific options or projects.

3. What triggers the burn mechanism?

The burn mechanism is triggered by the user's voting behavior. After the voting ends, the system will destroy a corresponding number of 05831369718 tokens from the circulating market based on the number of votes cast by users. This mechanism aims to reduce the token supply and increase scarcity.

4. What is the voting lock-up mechanism?

When participating in voting, users need to lock up GMT in a specific contract; the lock-up period typically unlocks after the voting period ends. The lock-up mechanism ensures that users do not withdraw tokens during the voting period and guarantees the validity of the voting behavior.

5. What is the return rate?

The return rate is usually set by the platform or project party and may include various forms:

Token rewards: Users receive a certain proportion of reward tokens based on the number of votes cast.

NFT or exclusive rights: Voters may have the opportunity to receive limited edition NFTs or platform privileges.

Price growth potential: The burn mechanism reduces the token supply, which may indirectly enhance the market value of GMT, bringing potential gains to long-term holders.

Specific return rates vary based on platform activities and market conditions; users should assess whether to participate based on returns and burning costs.