#BURNGMT

The GMT DAO has introduced an innovative initiative aimed at reshaping the future of its GMT token by involving the community in critical decision-making. This initiative focuses on the potential burning of up to 600 million GMT tokens, which represents approximately $100 million in value. It’s designed to reduce the token supply and possibly enhance its value, while emphasizing transparency and community governance.

Token holders are encouraged to lock their GMT and participate in the decision-making process through voting. As a reward, participants receive a unique NFT that tracks their contributions and serves as a record of their involvement. Additionally, 100 million GMT tokens will be distributed as rewards to voters who meet specific milestones during the 60-day voting period.

To ensure fairness and accountability, all voting data is recorded on the blockchain, making the process completely transparent. The initiative also marks the beginning of regular quarterly voting cycles, where community members will continue to have a say in shaping the future of the GMT ecosystem. This approach highlights GMT DAO’s commitment to sustainable token management and collective decision-making.