I woke up at 12 today, opened BURNGMT, and realized I received the airdrop from the day before yesterday!!!
It turns out that he distributes it daily! This time a total of 1776.7 GMT was distributed, about 340 U!
Let's calculate the daily return rate for everyone:
I have staked a total of 189,262 GMT, and I received 1776.7 in a single day, so converting that into a daily return rate gives me just under 1%! The annualized return rate is nearly 365%, wow, that's quite enough!
Remind everyone, there are 1.63 million GMT distributed every day now. The earlier you participate, the higher the returns, and the later you participate, the more people will share the rewards! I have attached the participation process for everyone's reference:
1. Preparation Stage
Visit the Official Voting Platform
Open the official website for the GMT burn voting (burngmt).
2. Wallet Connection
Select Crypto Wallet
Ensure you have a crypto wallet that supports storing and trading GMT tokens, such as MetaMask or Trust Wallet.
Connect Wallet
Click the 'Connect Wallet' button on the GMT burn voting page.
Double-check the wallet address to ensure it is correct.
Complete the identity verification and authorization process to ensure asset security.
3. Lock GMT to Gain Voting Rights
Start Locking GMT
After successfully connecting the wallet, click the 'Lock GMT' button.
Enter the amount of GMT you wish to lock; these locked GMT will serve as your voting rights.
Confirm Locking
Carefully verify the locked GMT quantity and wallet address.
Once confirmed, click the 'Confirm Lock' button.
4. Participate in Voting
Enter Voting Page
After locking is complete, the system will automatically redirect to the voting page.
Understand Voting Options
Carefully read the voting options, including supporting or opposing the official burn of repurchased GMT tokens.
Make a Choice
Based on your judgment and expectations for the future development of GMT tokens, choose to support or oppose.
Click the corresponding option to vote.
5. Understand GMT Lock-up Amount and Burn Mechanism
Lock-up amount reaches 100 million GMT: burn the GMT shares held by the advisory team.
Lock-up amount increases to 600 million (cumulative): further burn the GMT shares held by team members, excluding the advisory team.
Lock-up amount reaches 900 million (cumulative): burn all repurchased GMT tokens, totaling 600 million.
6. Claim Airdrop Rewards
Daily Distribution
Just check your own account.
$GMT is a popular project that successfully launched on Binance Launchpad. The GMT tokens managed by the ecological fund GMT DAO have been widely applied in various fields. Especially in GameFi products STEPN and STEPN GO, which have over 6 million users, GMT has been extensively used and 800 million have been burned. Additionally, STEPN has established long-term partnerships with well-known companies such as Casio, ASICS, and Adidas.
In the cross-chain NFT market and launch platform MOOAR, GMT is used as a medium for trading NFTs and automatically generating NFTs through artificial intelligence; on the cross-chain DEX DOOAR, GMT is used for transaction fees and trading pairs. Moreover, GMT is also applied to other products, such as the strategic GameFi Gas Hero and the mini-game Morchi.
It is worth mentioning that the GMT team has repurchased unlocked GMT from investors and advisors and donated 600 million GMT to GMT DAO. BURNGMT is an initiative started by GMT DAO, allowing users to collectively decide whether to burn these 600 million GMT through a 60-day lock-up voting period from November 21, 2024, to January 20, 2025. During the voting process, participants also have the chance to share 100 million GMT as rewards.
This event will result in only 27% of GMT being unlocked for move2earn and ecological funds over the next six years, gradually moving towards full circulation and further consolidating GMT's leading position in the GameFi and NFT fields.
Brothers, let's charge together! The returns are really good! #GMT投票燃烧计划 @GMT DAO $GMT