We’re thrilled to announce a hashtag campaign sponsored by @GMT DAO giving you the chance to earn amazing rewards by sharing your insights on the GMT DAO Burn Initiative! GMT DAO, supporting projects like STEPN and MOOAR, has launched a 60-day voting event (Nov 21, 2024 – Jan 20, 2025) where users can vote to burn 600M GMT tokens. Participants share 100M GMT in rewards for engaging in the event.
🗓 Duration: December 5, 2024 (13:00 UTC) – December 12, 2024 (23:59 UTC)
🎁 Rewards: $10,000 worth of $GMT for the top 50 posts based on engagement!
How to Participate:
Follow @GMT DAO on Binance Square.
Create and post original content on Binance Square with the hashtag #BURNGMT Share your unique insights about the GMT Burn Initiative. Posts must be at least 300 characters.
Share your post on X (Twitter) and tag @Stepnofficial with the hashtag #BURNGMT. Encourage your followers to like, comment, and share to boost engagement!
Suggested Content Ideas:
600M GMT Buyback and BURNGMT Initiative: Highlight the Team's Confidence and Strength. Why participate in BURNGMT Initiative? Because the voting initiative involves burning 600 million GMT tokens that were repurchased for $100 million. These tokens include all early advisor, team, and investor allocations that had not yet been unlocked.
Introduction to GMT's Ecosystem Products and Partnered Brands
How does the voting burn mechanism work? Explain the 60-day lock and 100M GMT reward pool.
GMT tokenomics and burn impact: Analyze token distribution and burning 600M GMT.
How to Participate in the BURNGMT Initiative.
Reward Tiers:
The top 50 posts based on unique engagement (likes, comments, shares) and minimum impressions per rank will share $10,000 worth of $GMT:
Top 1-10 posts: $400 worth of $GMT each (Minimum 5,000 impressions required)
Top 11-25 posts: $200 worth of $GMT each (Minimum 3,000 impressions required)
Top 26-50 posts: $120 worth of $GMT each (Minimum 1,000 impressions required)
Guidelines:
Posts must be published by December 12, 2024 (23:59 UTC) to qualify.
Content must be original, at least 300 characters, and relevant to the GMT Burn Initiative.
Misusing hashtags, using misleading headlines and leads, or posting irrelevant content will lead to disqualification.
Multiple high-quality entries are encouraged for higher chances of winning.
Users must have posted at least one piece of content in the last 30 days to participate.
Clickbait headlines and leads are prohibited and will lead to disqualification.
Posts must receive at least 5 total engagements (likes, comments, or shares) to qualify for the reward ranking.
Posts must meet both engagement and impressions requirements to qualify for the reward ranking.
Engagement metrics (likes, comments, shares) combined with impressions will determine ranking.
About GMT and GMT DAO:
GMT, a previous Binance Launchpad project, plays a central role in the GMT ecosystem. GMT DAO, the token’s ecosystem fund, supports various products like STEPN (with over 6M users), STEPN GO, and more. GMT is widely used in transactions, staking, and fee payments across ecosystems like MOOAR (NFT trading) and DOOAR (cross-chain DEX). Collaborations with brands such as Casio, ASICS, and Adidas further bolster its reach.
Recently, the GMT team repurchased 600M unlocked GMT tokens from investors and advisors, donating them to GMT DAO for a 60-day locked voting event from Nov 21, 2024, to Jan 20, 2025. Participants can decide whether to burn these tokens while sharing 100M GMT as rewards.
For more information about GMT, visit:
https://gmtdao.com/