Repurchase and transfer background

The FSL team has completed a major operation - they bought back the GMT tokens from all early investors and advisors, and voluntarily transferred these tokens to the control of the GMT DAO. This means that the future of these 600 million tokens is no longer decided by the team, but by the community members. This decentralized decision-making model embodies the core spirit of DAO: power belongs to the community, and everyone can participate and make decisions.

Rights and responsibilities as a DAO member

Lock up your tokens to vote: As a member of the GMT DAO, you have the opportunity to vote on Polygon by locking up your GMT tokens. This is an opportunity to not only have a voice in the future of the token, but also have a profound impact on the market.

Voting Deadline: This voting campaign will last until January 20, 2025, and every vote during this period is crucial.

The goal of the vote is to decide the fate of 600 million GMTs - whether to destroy them. If the majority of members support destruction, GMT DAO will strictly follow the community's resolution and permanently remove the specified number of GMTs from the circulation market.

what does that mean?

Potential increase in token value: Destruction will reduce the market circulation. According to the supply and demand theory, the reduction in supply will usually increase the value of the token, which is good for long-term holders.

Decentralized governance model: Through voting, everyone holding GMT can truly participate in the development decisions of the project, ensuring transparency and community cohesion.

Your choice is crucial: this vote is not only a voting process, but also an in-depth participation of users in the future direction of the GMT project.

What can you do next?

Lock Your GMT: Lock your GMT tokens until January 20, 2025 to gain voting rights.

Vote now: Use your voice to help decide the future of 600 million GMT. $GMT

Summarize

The FSL team has laid the foundation for decentralized governance for GMT DAO, and the fate of these 600 million GMT is completely in the hands of community members. By voting, you are not only a spectator, but also a key member in the development of the project. This is not only a decision about the fate of the token, but also an exemplary opportunity to demonstrate the power of decentralization! #GMT投票燃烧计划 $GMT