GMTBurnVote
The GMT DAO has launched a groundbreaking Burn Initiative that allows GMT token holders to vote on burning up to 600 million GMT tokens, valued at $100 million.
**Key Details:**
- **Voting Period**: November 21, 2024 to January 20, 2025
- **Reward Pool**: 100 million GMT to be distributed to participants
- **Participation**:
- Visit burngmt.com
- Lock tokens and vote on proposals
- Minimum voting threshold is 100 GMT
**Unique Incentives:**
- Participants receive an exclusive soulbound 'Make GMT Great Again' Red Hat NFT
- NFT tracks voting activity and eligible airdrops
**Ecosystem Impact:**
The initiative aims to:
- Empower GMT holders with decision-making power
- Reduce circulating token supply
- Demonstrate commitment to community-driven governance
GMT is crucial in the FSL ecosystem, operating across Solana, BNB Chain, Ethereum, and Polygon blockchains.
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