Players holding $GMT , pay attention, a huge benefit has appeared
As of the time of this post, the market decline is gradually recovering, and we can still look back at 98K. After the rotation of BTC funds, meme funds from 'dog coins', and funds from established altcoins, there is still one sector that has been overlooked: the blockchain gaming sector. Speaking of blockchain gaming, we must mention the superstar project incubated by Binance launchpad: $GMT , the one that has sparked an unstoppable blockchain gaming craze.
Now, GMT DAO will be launched again: players can participate in voting to receive 100 million GMT airdrop and also decide whether to burn the repurchased 600 million GMT tokens. Truly exercising the governance rights of GMT DAO! 🎯
Let me introduce GMT DAO further:
GMT DAO includes many sectors
BURNGMT is an innovative feature in the STEPN ecosystem, its core is to grant users more rights and potential benefits by locking and burning GMT tokens. In participation, users need to lock a certain amount of GMT tokens within a limited time to gain voting rights, which not only reduces the circulating supply in the market but also indirectly promotes the token's value increase. The mechanism that triggers burning is usually linked to the number of votes from users, and certain tasks or activities may also trigger token destruction, further enhancing the scarcity of GMT.
The return rate of locked tokens is mainly reflected in two aspects: the first is daily dividends, which distribute profits based on the voting weight and total locked amount of locked users; the second is additional project rewards, such as airdrops or rights unlocks. Generally, the more you lock and the longer the time, the higher the returns users can obtain. However, users need to make trade-offs based on personal asset allocation to ensure sufficient liquidity during the locking period.
Impact on the market
Lastly, let’s talk about user operations and the future of the STEPN ecosystem
The STEPN team consists of seasoned professionals in blockchain and gaming, and their launched “Move-to-Earn” model has successfully attracted a large number of users. Through mechanisms like BURNGMT, STEPN not only promoted community participation but also enhanced the market value of GMT. In the future, with the development of more community activities, airdrops, and commercial collaborations, the GMT ecosystem is expected to continue expanding, bringing more innovation and returns to users and the market.