#BURNGMT
🌟 600M GMT Buyback & BURNGMT Initiative: A Testament to Team Confidence and Strength 🌟
The GMT ecosystem is making waves with its BURNGMT Initiative, an ambitious voting mechanism that showcases the team's confidence in their project and its long-term vision. Here's everything you need to know about why this initiative is game-changing and how you can be part of it! 🚀
🔥 Why Participate in the BURNGMT Initiative? 🔥
This unique event involves the burning of 600 million GMT tokens, repurchased for a whopping $100 million. These tokens include unlocked allocations from early advisors, team members, and investors—proof of GMT’s dedication to community empowerment and sustainable growth.
By participating, you:
Contribute to token scarcity, potentially driving value. 📈
Share in the 100M GMT reward pool as a participant. 💰
Be part of a milestone moment in GMT’s history. 🌍
🛠 How the Voting Burn Mechanism Works
1. Token Locking Period: From Nov 21, 2024, to Jan 20, 2025, the 600M GMT tokens are locked in GMT DAO. 🔒
2. Community Voting: Participants vote on whether to burn these tokens. 🗳
3. Reward Pool: A 100M GMT reward pool is distributed among voters, incentivizing engagement and participation. 🎁
This process ensures transparency, inclusivity, and rewards, reinforcing GMT’s community-first approach.
🌐 Introduction to GMT Ecosystem Products and Partners
GMT has built a robust ecosystem, supporting innovative platforms like:
STEPN: A lifestyle app with over 6 million users worldwide. 🌎
STEPN GO: Enhancing user experiences with gamified features. 🎮
MOOAR: A thriving NFT trading platform. 🎨
DOOAR: A cross-chain DEX offering seamless transactions. 🔗
Collaborations with iconic brands such as Casio, ASICS, and Adidas amplify GMT's global reach and credibility. 👟✨