Brothers, I have completed the voting! The gas fee for the whole process is only 0.1U, it is so easy! 🎉
By participating in the vote, decide whether to destroy the repurchased 600 million GMT tokens. More importantly, participants can share up to 100 million GMT airdrop rewards! 🎯
In the blockchain field, burning tokens is not only a common means of reducing supply, but also a strategic move to enhance value and build community consensus. The 600 million GMT burning plan launched by GMT DAO, through innovative lock-up voting and reward mechanisms, not only provides community members with opportunities for actual benefits, but also lays a solid foundation for the long-term development of GMT.
What is the GMT DAO burn plan?
Core objectives:
Destroy 600 million GMT buyback tokens, accounting for 10% of the total supply, to reduce the circulating supply in the market and increase the value of tokens.
Program Highlights:
Community voting governance: Through voting, every coin holder has the opportunity to decide the future direction of the token.
Reward participants: A total of 100 million GMT airdrop rewards will be distributed as an incentive for locking positions and voting.
Reduce market selling pressure: Token destruction and lock-up mechanisms are implemented simultaneously to effectively stabilize market prices.
2. Detailed explanation of the gameplay: How to participate in this burning plan?
1. Visit the BurnGMT platform
Visit the official platform BurnGMT.com, connect your crypto wallet (such as MetaMask), and make sure there is enough GMT and a small amount of USDT in the wallet to pay for gas fees.
2. Lock GMT
Lock your GMT tokens on the platform. The number of locked tokens will determine your voting weight and reward share.
Locking rules:
Tokens cannot be withdrawn or traded during the lock-up period.
The more locked tokens are, the greater the impact on the voting results, and the greater the rewards obtained.
3. Vote to destroy
After completing the lock-up, users can vote for or against the destruction of the 600 million GMT tokens repurchased by the team. The amount of locked GMT directly determines the weight of the vote.
4. Collect rewards
After the voting is over, the platform will distribute airdrop rewards based on each user’s locked amount and voting weight. These rewards will be directly distributed to the user’s wallet after the event period ends.
3. Innovative mechanism of the activity: Why is it worth participating?
1. Triggering phased destruction
According to the total amount of community lock-up, token destruction is divided into several stages:
100 million GMT lockup: destroying some of the tokens held by advisors.
600 million GMT locked: destroy the tokens held by the team.
900 million GMT locked: destroy all repurchased tokens to minimize the circulating supply.
The highlights of this mechanism are:
Through the collective locking behavior of the community, we can promote larger-scale token destruction and achieve in-depth regulation of market supply and demand.
2. Airdrop Reward Incentive
The total reward of 100 million GMT is distributed proportionally to participants, ensuring that every user is rewarded according to their contribution.
Reward distribution is transparent and based entirely on the user's locked amount and voting influence.
3. Reduce market selling pressure
The lock-up mechanism will directly reduce the GMT circulation in the market, while token destruction will further compress the supply, which will effectively alleviate the downward pressure on prices.
4. Potential Impact on the GMT Market
1. Liquidity has been drastically reduced
During the event, the locked tokens will be frozen, and the destroyed tokens will be permanently removed from the circulation market. This reduction in liquidity may provide support for the price of GMT, or even drive the price up.
2. Increased scarcity
Burning 600 million tokens, or 10% of total supply, will make GMT significantly more scarce, a potential driver of value increase for long-term holders.
3. Enhanced community consensus
The Burning Plan directly encourages community members to participate in governance through the lock-up and voting mechanism, improving user stickiness and project transparency. This governance model has laid a solid community foundation for the long-term development of GMT DAO.
5. Calculation of potential returns: How much return can your investment bring?
Hypothetical scenario:
Locked amount: 2000 GMT
GMT price during lock-up period: from $0.20 to $0.25
Activity Rewards: Airdrop 20 GMT
Revenue calculation:
Price appreciation
2000 × ($0.25 - $0.20) = $100Airdrop Reward Value
20 × $0.25 = $5
Total gain: $100 + $5 = $105
6. How to seize this opportunity?
General User Operation Guide
Preparation
Make sure you have enough GMT and gas fees.
Familiar with the operation process of BurnGMT platform.
Locking strategy
Determine the amount of lock-up based on your own financial situation.
It is recommended to participate as early as possible to gain the advantage of a longer lock-up period.
Keep an eye on the latest news
Check the total locked amount and voting results regularly.
Adjust subsequent holding plans according to market changes.
Senior Investor Advice
Combined with market analysis: Pay close attention to GMT price trends while participating in lock-up and formulate buying and selling strategies.
Pay attention to ecological development: The success of GMT DAO is closely related to the maturity of the ecosystem. It is recommended to have an in-depth understanding of GMT-related projects (such as STEPN, MOOAR) to evaluate long-term value.
7. Why is this burning plan so significant?
For individual investors:
Low risk, high return: Locking up and participating in voting can not only obtain airdrop rewards, but also realize capital appreciation due to the increase in GMT price.
Influence the future of the market: Directly participate in project governance through voting and shape the future direction of GMT.
Regarding the project itself:
Optimizing market structure: By reducing supply and lowering liquidity, GMT DAO is paving the way for the healthy development of the token.
Enhance community trust: Transparent voting and reward mechanisms make community members feel more involved.
GMT DAO’s burn schedule is your window of opportunity!
In the crypto market, every large-scale governance activity may become an opportunity to change the rules of the game. This GMT DAO burning plan not only creates conditions for the increase in token value, but also provides generous returns to participants.
Whether you are optimistic about the long-term potential of GMT or hope to earn short-term returns by locking positions, now is the best time to participate!
Log in to the BurnGMT platform now, lock your stake to vote, and make your contribution to the future of GMT with global community members!