Isn't this a scam?
There are many people in the square who are posting GMT to share 100 million activities
Some people say that they can get 50 U for free after staking and voting.
I don't believe it
So I downloaded the Little Fox Wallet and staked 5,000 GMT
Today is the third day and the total income is 110U! It's not 50U at all. Later, I thought about it and it must be that the staking time is not enough or the amount of staking is not as much as I am.
Later, many fans asked me what this voting method is. I figured it out after staking. Now I will tell you:
BURNGMT voting method analysis
1. Limited time: Each round of voting activities has a clear time window, and users must participate within this time, otherwise it will be considered as giving up.
2. Whose coins are burned: What is burned are the GMT tokens submitted by users when participating in the voting. These tokens are permanently destroyed to support the voting goals or platform ecology.
3. The mechanism of triggering burning: The triggering of burning depends on the user's voting behavior. When the user locks the token to vote for a project or goal, the system will automatically destroy the same amount of tokens.
4. Voting lock-up mechanism: The GMT tokens used for voting will be locked for a certain period of time. After the lock-up period, they may be returned or destroyed, depending on the platform rules.
5. Rate of return: The return includes GMT rewards, improved user rights or ecological governance rights. The specific rate of return depends on the voting target and the scale of lock-up, and the income has a certain volatility. #GMT投票燃烧计划 $GMT