🔶Pledge 100 GMT to receive Little Red Riding Hood NFT! Those who have played with pictures know that NFT starts to rise by dozens of times. A hat may be able to catch up with an Ethereum. After all, it is a symbol of Trump and the hype is very high. In addition, it is also a symbol of joining GMT!

Recently, GMT launched a burning plan, which allows you to share 100 million GMTs. Here is an introduction: #GMT投票燃烧计划

1. Why did you choose to participate in the BURNGMT program?

The BURNGMT plan is not only an innovative attempt at token economics, but also a long-term feedback strategy of the GMT team to community members. Through the lock-up and destruction mechanism, the plan significantly reduces the circulation supply of GMT and enhances the value stability of the token. For users, participating in BURNGMT not only means receiving high rewards in the short term, but also the opportunity to witness and benefit from the long-term development of the GMT ecosystem.

2. GMT team strength and ecological products

Behind GMT is a team with solid technology and a complete layout. With a deep understanding of the blockchain ecosystem, they have created a number of industry-leading products and services, including:

•DOOAR: A high-performance decentralized trading platform that provides a convenient asset trading experience.

•MOOAR: NFT trading marketplace that helps creators and users interact directly.

•STEPN & STEPNGO: Innovative pioneers in the field of Sports to Mining (M2E).

•FSL Ecological Fund: Support early blockchain projects and promote industry development.

•FSLID and MSAC systems: ensure ecological security and provide identity authentication services.

•SUT and Morhci: unique Meme projects that enrich ecological gameplay.

This diverse ecosystem provides strong support for GMT's continued growth and demonstrates the team's foresight.

3. Gameplay and Mechanics of BURNGMT

• Locking and rewards

Users can participate in voting and locking through P-chain, with a minimum threshold of 100 GMT. The lock-up period is 60 days, and as of January 20, 2025, 1.67 million GMT will be shared every day, with a total reward of up to 100 million GMT.

• Buyback and Burn

The team has invested $100 million to repurchase 600 million GMT. When the community votes reach a certain number, these tokens will be destroyed in proportion. Through this design, the market supply of GMT is greatly reduced, thereby increasing the scarcity and value of the token.

• The attractiveness of the current economic model

900 million GMT will be locked, 600 million GMT will be destroyed, and 100 million GMT rewards will be distributed. This combination not only optimizes the relationship between supply and demand, but also brings significant economic returns to participants.

4. Detailed explanation of GMT token distribution

GMT's token distribution has been carefully designed to achieve fairness and long-term development:

• Circulating shares: 50%

•M2E incentive: 18%

• Ecological Fund: 9%

•Future planned destruction: 10%

• Destroyed: 13%

Among them, the 600 million GMT involved in the BURNGMT plan accounts for 10% of the total, providing strong support for further reducing market supply.

5. Future prospects of GMT

With the lock-up and destruction mechanism, the circulation supply of GMT will be further optimized. The team's strong ecological product layout has brought practical application value to the token, and the BURNGMT plan provides a guarantee for long-term value growth. From the leading advantage of M2E to the diversified expansion of SocialFi and NFT markets, GMT is expected to occupy an important position in the future blockchain field. @GMT DAO $GMT