Burn Mechanism is an innovative system designed to foster community engagement within the Green Metaverse Token (GMT) ecosystem. Through this mechanism, users can participate in governance decisions by burning GMT tokens to cast votes.
The burning of tokens serves a dual purpose:
reducing the circulating supply, which can potentially drive up the token’s value, and allowing holders to influence the future direction of the platform.
Additionally, a 100M GMT reward pool has been set up to encourage active participation. The rewards are distributed based on the amount of GMT committed and burned, with the aim of promoting long-term engagement and loyalty among token holders.
#BURNGMT @GMTDAO $GMT
#Write2Earn! #2024altseason #2024withbinanace