The coin doubled 6 times in a week, doubling every day, which made everyone really realize it! How many people made a fortune from it and then left the circle and became financially free! But from a young age, getting a Little Red Riding Hood is worth several thousand, isn’t it jealous?
Teach you how to receive Little Red Riding Hood NFT:
The previous day's interest will be settled at 8 am every day, and the 166w GMT tokens of the day will be equally divided according to the total locked amount. The unlocking time is 0:00 UTC on January 20, 2025. The total reward for individuals is calculated based on the actual number of days of staking. The earlier the staking, the higher the yield. The minimum staking amount is 100 $gmt. You can get the staking NF Little Red Riding Hood by casting 1 vote!
GMT voting burning plan:
From November 21, 2024 to January 20, 2025, users can obtain voting shares by locking GMT tokens on the Polygon chain to decide whether to destroy the 600 million GMT tokens repurchased by the team. These tokens mainly come from the unlocked shares of early investors and consultants and part of the team allocation.
How to participate in voting and claim rewards with GMT?
Login: Log in to BurnGMT.com between November 21, 2024 and January 20, 2025.
2. Connect wallet: Connect the wallet containing GMT tokens on the Polygon chain to the platform.
3. Lock GMT: You can obtain voting shares by locking a certain amount of GMT tokens through your wallet. The larger the lock-up amount and the longer the time, the more voting rights and subsequent rewards you will get.
4. Participate in voting: Use the voting shares obtained from locking up to vote on whether to destroy the 600 million GMT tokens repurchased by the team.
5. Waiting for rewards: After the voting is over, no other operations are required. Wait for the 60-day lock-up period to end. The platform will airdrop the corresponding GMT token rewards to the user's wallet based on the user's voting share and lock-up status.
The economic model of GMT has always been a deflation mechanism +. The team has repurchased 800 million in the past, and the current circulation is 3 billion. StepN is still repurchasing and destroying through various mechanisms. This vote will destroy the locked warehouse + 900 million, so all 600 million GT will be destroyed. Counting the 100 million reward, there will be only 1.6 billion in circulation on the market, which is only half of the original value, and the currency price has the potential to double.
If the vote is successful, the tokens in circulation will become even more scarce, and the remaining selling pressure will mainly come from the Move to Earn token rewards issued at a rate of 2.5% per year and the tokens released by the foundation. Once the BurnGMT plan is voted successfully, the GMT token structure will undergo a particularly large and earth-shaking change!
