Recently, the GMT community launched a new project called the BURNGMT program, which attracted a lot of attention from GMT holders. This is not only a simple opportunity to make money by locking up, but also a plan involving community governance and future decision-making. Participants can not only earn rewards by locking up, but also have the opportunity to participate in the decision whether to burn 600 million GMT, which may have a significant impact on the future price and supply of GMT.
Locking up to make money: a simple but effective way to make money
The first part of the BURNGMT plan is to earn rewards by locking GMT. Each participant only needs to lock a certain amount of GMT to get a daily GMT allocation from the reward pool. The total reward pool of the plan is 100 million GMT, and 1.67 million GMT will be issued every day for 60 days. The issuance of rewards is fixed, which means that participants can get corresponding rewards in proportion to the amount of their locked positions.
The most attractive thing is that the participation threshold of this plan is very low. You only need 100 GMT to start participating, which is not too high a threshold for most GMT holders. Through simple lock-up, participants can easily earn rewards. Moreover, the number of participants is still relatively small, which means that if you join now, you may get a relatively large share of the rewards.
If you have more GMT, of course locking up more can bring more lucrative returns. However, no matter how much you lock up, the distribution of rewards is very transparent and clear, and participants can check their reward progress on the chain at any time. After 60 days of locking up, participants will receive a combined payment of principal and rewards. Therefore, whether you participate in the short-term or long-term, you can get stable returns from it.
Vote to burn coins: Determine the future of GMT
Another highlight of the BURNGMT plan is that it allows participants to vote on whether to burn 600 million GMT. This proposal is extremely important for the long-term value of GMT, because burning this part of GMT will directly affect the supply in the market. The team has repurchased 600 million GMT from early investors, accounting for about 10% of the total GMT. If the community agrees to burn this part of the currency through voting, the number of GMTs circulating in the market will be greatly reduced, which may have a positive impact on its price.
Voting to decide on the coin burn is not only an economic decision, but also an opportunity for community governance. Participants can not only benefit from the lock-up rewards, but also play an important role in determining the future direction of GMT. This is a rare opportunity for coin holders to truly participate in the decision-making process of the project and influence the future development of the project.
How to participate: Simple and convenient, intuitive operation
The steps to participate in the BURNGMT program are actually very simple. First, you need to prepare at least 100 GMT, and then visit the official website to lock up. While doing this, you can also receive a special Little Red Riding Hood NFT as a reward. The lock-up period is 60 days, and you can get back the principal and reward after the expiration.
It is worth mentioning that this plan is completely operated on the chain, and all transaction records can be queried openly and transparently, avoiding the opaque operations in traditional finance. This means that you can not only ensure that you are participating in a safe plan, but also clearly see the progress of each step.
Why is the BURNGMT program worth participating in?
First of all, the reward mechanism of the BURNGMT plan is very clear and stable. The fixed daily reward pool and 60-day lock-up period ensure that participants can obtain stable returns in this plan. Different from traditional investment methods, the BURNGMT plan is an open and transparent operation on the chain, avoiding many unnecessary risks.
Secondly, the background of this project is very strong. It was initiated by the STEPN team, which is already a well-known project in the Web3 field. Other projects in the STEPN ecosystem, such as Dooar and Mooar, are constantly expanding and showing strong market appeal and growth potential. As part of STEPN, the long-term stability and development prospects of the BURNGMT plan are trustworthy.
More importantly, the BURNGMT program is not just an opportunity to earn rewards by locking up. It provides GMT holders with an opportunity to participate in decision-making, giving community members the opportunity to decide whether to burn 600 million GMT, thereby affecting the future market performance of GMT. This sense of participation and decision-making power is a very rare experience for any crypto community.
The earlier you participate, the greater the benefits
In the BURNGMT plan, the earlier you participate, the more advantages you will have. The daily reward pool is fixed, so the earlier you join, the more rewards you will get. Moreover, since the number of participants is still relatively small, the chances are relatively greater. So, if you have GMT, it is really time to consider participating in this plan.
In addition to earning short-term rewards, you can also participate in the future decision-making of GMT. This is not just a simple investment, it provides you with more long-term development opportunities. Especially if you are optimistic about the future of GMT, participating in this project can not only bring immediate benefits, but also bring you potential value-added space.
Summary: The Value of the BURNGMT Program
The BURNGMT program is a project that combines short-term and long-term benefits. By locking GMT, participants can easily earn rewards; by voting and burning coins, participants can play a role in the future decision-making of the project. This is not only an opportunity to earn rewards, but also a special experience that allows you to participate in project governance and influence market supply and demand.
