According to BlockBeats, on November 23, according to the latest data disclosed by BurnGMT.com, the total locked-up amount has now exceeded 100 million, reaching the first lock-up target. According to platform data, users can not only participate in governance decisions by locking GMT, but also share a total of 100 million GMT rewards.

It is reported that the GMT withdrawal function of many trading platforms has been suspended. Large-scale lock-up has directly reduced the amount of GMT in circulation in the market, and liquidity is gradually being drained.