BlockBeats news, on November 22, BurnGMT.com officially launched on November 21. As part of the 600 million GMT burning plan led by the GMT ecological fund, its first day annualized yield reached approximately 1200%.
According to platform data, users who lock up GMT can not only participate in governance decisions but also enjoy a daily fixed distribution of 1.67 million GMT rewards, with a total reward amount reaching 100 million GMT.
It is reported that the withdrawal function for GMT on multiple trading platforms has been paused, and large-scale locking has directly reduced the amount of GMT circulating in the market, leading to a gradual depletion of liquidity.
