There will be 100 million GMT airdrops this time, and freeloaders can rush in to stake. How to avoid risks? My answer is to directly open a contract to hedge! Guaranteed profit, if you stake 1,000 coins, you can use 100 GMT to open a 10x leverage short in the contract. Then wait for the pledge to end, sell the airdrop coins obtained from the pledged coins together and close the position at the same time. Eat this 100 million GMT airdrop without loss! Freeloaders can never lose money
The profit can probably be doubled! This is not alarmist, but after calculation, and we also have a short position fee when opening a short position.
The following are my steps to participate in staking
The process of participating in the BURN GMT voting is roughly divided into the following steps, which can be followed:
Step 1: Visit the official website
- Visit the @GMT DAO official voting platform.
Step 2: Link your wallet
- Select to link your digital wallet on the website. Common digital wallets include MetaMask, Phantom, etc.
- When linking your wallet, please make sure you enter the correct wallet address and that your wallet has completed identity authentication and authorization.
Step 3: Lock up your GMT
- Once your wallet is linked, you can start staking your GMT tokens.
- The locked GMT tokens will be used as your voting share to determine your influence in the vote. The more GMT you lock, the greater your voting share, and the more GMT you can influence to be destroyed.
Step 4: Vote
- After the lock-up is completed, you can start voting. The voting options are to support or oppose the official destruction of the repurchased GMT tokens. After completing the vote, you will get the corresponding rights and interests of Little Red Riding Hood NFT in the future. At the same time, the airdrop distribution rewards are also based on the number of Little Red Riding Hoods.
Precautions
- Time limit: #GMT投票燃烧计划 Voting will take place from November 21, 2024 to January 20, 2025, for a total of 60 days.
- Reward distribution: The official has prepared 100 million $GMT , which will be airdropped in proportion to the number of locked GMT. The annualized rate of return on the first day is as high as about 1200%.
- Lock-up period: After the lock-up period expires, your tokens and rewards will be unlocked!