The #BURNGMT Initiative is a huge step for the GMT ecosystem, showing the team’s strong confidence and long-term vision. They’ve decided to buy back 600 million $GMT tokens worth $100 million
These tokens include allocations meant for advisors, the team, and investors that were not unlocked yet. By doing this, the team is reducing the token supply and creating more value for community
This initiative lets GMT holders play an important role in shaping future of ecosystem. Through a voting system, holders can decide whether to permanently remove the 600 million tokens from circulation. Burning these tokens can make them scarcer and potentially increase their value. It also creates a cleaner and healthier token economy. By voting, participants are strengthening their connection to it.
The GMT ecosystem includes exciting products and partnerships with big brands in different industries. From DeFi tools to real-world applications, the team focuses on creating real value for its users. Supporting the BURNGMT Initiative means joining a bigger vision to make GMT a key part of the future digital economy.
Participating in the voting process is simple. GMT holders can vote during a 60-day lock period through official platform. There’s also a 100 million GMT reward pool to encourage participation, making it a win-win for everyone.
This approach ensures that the community has a say in important decisions while earning rewards for being part of it.
Burning 600 million tokens reduces the overall supply, which could make the remaining tokens more valuable. It also builds trust by removing tokens initially set aside for advisors and the team. This shows a strong commitment to the community and long-term growth.
The BURNGMT Initiative is a game-changing moment for GMT
It shows the team’s confidence in the future and their focus on creating a valuable and sustainable ecosystem. By joining the initiative, you’re not just voting—you’re helping shape the future of GMT and the digital economy