Participating in the 600 Million GMT Burning Plan: How Will STEPN Assist in the Surge of Token Prices?
On November 21, the GMT team announced on X that the BurnGMT platform would officially launch at 11 AM on the 21st, and users could participate in the burning decision of up to 600 million tokens by locking GMT.
The plan repurchased all 600 million GMT from unlocked early investors, advisors, and team allocations. These tokens will gradually unlock over the next 10 months. During the 60-day locking vote from November 21, 2024, to January 20, 2025, users can decide whether to burn 600 million GMT and can share 100 million GMT as participation rewards during the voting process!
If this burn is completed, GMT may become the first fully circulating Binance Launchpad token.