How high is the return rate for GMT lock-up? How much is the circulating supply?
$GMT @GMT DAO
Core issue:
1. Whose coins are being burned?
2. How high is the return rate for voting lock-up?
3. What is the distribution of locked and unlocked coins?
1. First, let's look at the gameplay of BURNGMT voting. During the BURNGMT voting process, the coins that are often burned are the specific cryptocurrencies invested by the participants, such as GMT coins or other tokens associated with them.
The triggering of the burning mechanism is generally closely linked to voting behavior. For example, when participants vote to express support or opposition to a project proposal, community decision, or ecological development direction, they need to invest a certain number of coins according to established rules, and a portion of these invested coins will be burned. Historically, 13% of the coins have been burned, with plans to burn another 10%.