The BURNGMT Initiative allows GMT (Green Metaverse Token) holders to participate in ecosystem governance by voting on how GMT tokens are burned. This initiative empowers the community to shape the token's supply dynamics, reinforcing the deflationary nature of the GMT ecosystem. #BURNGMT
Steps to Participate:
Hold GMT Tokens: Ensure you have GMT tokens in your wallet to participate in the initiative.
Access the Voting Platform: Visit the designated voting page provided by the STEPN or Find Satoshi Lab ecosystem. This may be hosted on platforms like the STEPN app or a dedicated governance website.
Review Proposals: Familiarize yourself with the burning proposals, including the purpose and potential impact of each initiative.
Cast Your Vote: Use your GMT holdings to vote for your preferred proposal. The more GMT you hold, the greater your voting power.
Track Results: Once voting concludes, the results and subsequent burning event will be announced, with updates on how many tokens will be removed from circulation.
Benefits of Participating:
Influence on tokenomics and ecosystem sustainability.
Strengthening the deflationary mechanism of GMT.
Enhanced engagement and alignment with the ecosystem's long-term goals.
