Will GMT rise 10 times in this bull market? You decide whether to burn 600 million GMT. #GMT voting burn plan
🔔 ⚫️⚪️Preface:
At the end of 2024, the @Stepnofficial community will welcome a very "burning" voting event - BurnGMT. This is not only related to the fate of 600 million GMT but may also become a key turning point for changing
the ecosystem. Imagine, for the next 60 days, all community members will decide together whether these team repurchased tokens should be completely destroyed; doesn’t it feel particularly exciting?
1️⃣ Project background: A major event of "burning our own coins"
GMT DAO is an ecological fund set up specifically for GMT tokens, #GMT voting burn plan, and BurnGMT is an important action within this plan: to burn the 600 million GMT repurchased by the team that have not been unlocked. These tokens originally belonged to early investors and advisors, and the team spent about 100 million dollars to repurchase them. The core question of this event is: "Should we directly burn them?"