๐ Breaking News: GMT Token Burn Initiative! ๐๐ฅ ๐
What is GMT?
The Green Metaverse Token (GMT) powers the STEPN ecosystem, blending fitness and Web3 gaming! ๐ฎ๐ Users earn rewards by running or walking using NFT sneakers, with GMT driving governance and decision-making. ๐๐ช
Progress So Far
๐ Expansion across Solana, Ethereum, and BNB Smart Chain.
๐ ๏ธ Launched a DEX and NFT marketplace for added utility.
๐ก Empowering community governance through the GMT DAO.
The Burn Plan ๐ฅ
Up to 600 million GMT tokens (10% of the total supply) could be burned, reducing the circulating supply! This community-driven proposal rewards token holders for their votes and fosters decentralized governance. ๐ณ๏ธโจ
Why This Matters
๐ Reduced Supply = Increased Scarcity ๐
๐ Potential Price Upside = Market Excitement ๐ฐ
๐ค Community Engagement = Empowering Users ๐
Current Status
๐ต Current price: $GMT
๐น Market cap: $534.96M
๐ 30-day change: -1.80%
The Future Looks Bright! ๐ฎ
With this token burn, GMT could see a surge in demand, driving price growth and enhancing its role in the STEPN ecosystem. Combined with ecosystem expansions and increased utility, GMT holders are in for an exciting journey! ๐๐