š„ 600M $GMT Burn: A Bold Move for Scarcity and Value! š„
GMT DAO has announced an initiative to burn 600 million $GMT tokens worth $100 million. These tokens include early advisor, team, and investor allocations that were never unlocked. This move reflects the team's confidence in the ecosystem and a commitment to long-term sustainability.
Why Does This Matter?
1ļøā£ Scarcity Drives Value: Reducing the total supply of $GMT can increase its value over time.
2ļøā£ Community-Centric: The initiative ensures more fairness by removing locked allocations from early stakeholders.
3ļøā£ Trust & Transparency: A public buyback and burn process boosts confidence in GMT's ecosystem.
This initiative supports the growth of platforms like STEPN and MOOAR, strengthening the overall ecosystem and future potential of $GMT.
š Tokenomics Reimagined: With 600M fewer tokens in circulation, $GMT becomes a scarcer and potentially more valuable asset.
The future of GMT is brighter and leaner. š„
