Participate in the GMT burn voting, share over 20 million ∪ of the 100 million GMT token airdrop
GMT launched a voting event to burn 600 million tokens. These 600 million tokens are the ones repurchased from investors and advisors by the team, which are unlocked tokens donated to the DAO, valued at around 130 million ∪ at the current price. Currently, the circulating market value of GMT is about 640 million, making it a significant effort.
All holders of GMT tokens can lock their GMT through burngmt.com to participate in the voting, and they can also share in the airdrop of 100 million GMT tokens worth over 20 million ∪ and automatically receive a limited edition NFT. The more tokens you lock, the greater your voting share, and correspondingly, the more airdrop you should receive.
If you currently hold GMT and do not plan to sell in the short term but intend to hold long-term, you can participate. The period is from November 21, 2024, to January 20, 2025, a duration of 3 months.
Currently, the total supply of GMT is 5.264 billion, with a circulating supply of 2.983 billion. If all 600 million GMT tokens are burned (lock 100 million GMT, burn 60 million; lock 500 million, burn 230 million; lock 900 million, burn all 600 million tokens), then in the next six years, only 27% of the move2earn and ecological fund will be unlocked.
For those who want to participate and see detailed steps, there are many detailed articles in Binance Square, which I won't write about here.
Here I would like to remind you that participating in voting requires locking GMT tokens. Holders who do not plan to sell within three months can participate, but if you only plan to hold short-term or intend to buy coins to participate now, I think it is unnecessary.
The market is currently good, and FOMO is serious; everyone should be mindful of the risks.