The running shoes of that year have run out the dreams of countless people, produced many A9s, and made countless people rich with GMT. It's back again!
Now GMT is making a strong comeback! The metaverse and blockchain games will reignite the crypto market once again!
💥 Explosive good news, GMT actively destroyed 600 million tokens, worth up to 120 million US dollars!
Let's take a look at what big moves GMT has now!
$GMT is the governance token of the once-popular project STEPN. STEPN GO further innovates on this basis, integrating social and sports elements, allowing players to earn generous token rewards by exercising or renting out NFT running shoes. The number of players has now reached six million.
The GMT ecosystem is very powerful, including the decentralized exchange DOOAR independently developed by FSL (with about 460,000 monthly active users, which has repeatedly become the number one on the Solana network).
Recent big moves
The FSL team proposed an unprecedented destruction proposal, repurchasing the originally allocated 600 million $GMT for advisors and investors, and directly transferring it to GMT DAO. The direction of these tokens will be decided by community voting, with a current circulation of approximately 3 billion tokens. This decision will reduce the circulation by 20%, which is fantastic news!
How to participate?
The voting lock period is from November 21 to January 20, 2025, a total of 60 days. Lock your GMT through the burngmt.com website to participate in voting. The more tokens you lock, the larger the amount to be destroyed:
➥ Lock 100 million $GMT, destroy 60 million.
➥ Lock 500 million (a total of 600 million), destroy 230 million.
➥ Lock 900 million (a total of 900 million), all 600 million tokens will be destroyed!
Currently, nearly 200 million $GMT has participated in the locked voting.
Reward mechanism
Participating in the vote not only influences the future of the tokens but also earns generous rewards. This event will distribute up to 100 million $GMT as rewards, and participants will automatically receive a limited edition NFT, recording the amount you locked and the corresponding airdrop rewards. The more you lock, the more generous the rewards!
In short, $GMT is not just a token; behind it is the revolutionary fitness social method of STEPN GO, a strong ecosystem, and truly community-driven governance.
Now, you can influence the fate of $GMT by participating in voting while obtaining considerable rewards. Join this important moment in the history of digital currency!