This vote directly destroys 600 million GMT and then rewards 100 million GMT to voters; in the future, it is very likely to multiply in value tenfold!
Today, you ignore GMT at 0.2; tomorrow, you may not afford GMT at 2 dollars!
Without further ado, grab your small stool and let's get to the point!
1. Activity highlights
GMT DAO has launched a new 60-day lock-up voting activity, providing users with a win-win opportunity to participate in governance while receiving high rewards. The total reward pool reaches 100 million GMT, and users can lock up tokens and participate in voting for a chance to proportionally share the rewards. This is not only a governance activity but also a wealth celebration!
2. Gameplay details: How to participate in the 60-day lock-up voting?
1. Registration and lock-up
Users need to enter the activity page through the GMT DAO official website to complete registration.
Users lock a certain amount of GMT tokens into the voting contract with a lock-up period of 60 days. The amount locked determines the user's voting weight; the higher the weight, the larger the reward distribution ratio.
2. Voting process
Proposal release: During the voting period, the DAO will release specific governance proposals (such as GMT burning, ecological development direction, etc.).
Voting participation: Users vote on proposals using the weight of their locked tokens; the greater the weight, the higher the user's voting influence.
3. Reward distribution
Rewards will be distributed in rounds: The 100 million GMT reward pool will be distributed in multiple rounds, with each round's rewards allocated based on the user's voting weight.
Fair calculation: The rewards a user receives in each round of voting = (individual voting weight ÷ total voting weight) × total rewards for that round.
Rewards for each round are automatically distributed to user accounts, and after 60 days, users can unlock tokens and withdraw rewards.
4. End of the lock-up period
After the lock-up period ends, users can freely choose to withdraw their locked tokens and rewards, or continue to participate in subsequent governance activities to enhance long-term benefits.
3. Why is a 100 million GMT reward so attractive?
1. High return potential:
If there are fewer voters, each participating user can receive a larger share of rewards, with annualized returns potentially reaching dozens of percentage points.
2. Dual incentives:
Users not only earn rewards through voting but also influence the future development path of GMT, enjoying potential benefits from the increase in token value.
3. Reduce selling pressure:
The lock-up mechanism reduces the short-term circulation of tokens, injecting stability into the market while enhancing user confidence in the project.
4. Detailed process of splitting rewards through voting
1. Reward pool description:
The total reward pool is 100 million GMT, distributed round by round until the reward pool is exhausted.
The specific number of rewards for each round is determined by GMT DAO based on the execution of proposals.
2. Weight distribution formula:
User's reward share = (individual locked token weight ÷ total locked token weight).
For example: If the total lock-up is 1 million GMT and you lock up 100,000 GMT, your share is 10%.
3. Rewards credited:
After each round of voting, the user's rewards will be automatically distributed to the voting account without any additional action.
After the lock-up period ends, rewards will be unlocked along with the principal, and users can withdraw freely.
5. How to enhance return rate?
1. Lock up as early as possible:
In the early voting phase, there are fewer participants, making reward distribution more favorable and the return rate higher.
2. Increase locked amount:
The more you lock, the higher the weight, and the larger the share of rewards distributed.
3. Continue participating in voting:
Long-term participation in governance proposals offers opportunities for more incentives and additional earnings.
6. Activity summary: Every vote is worth gold!
The GMT DAO 60-day lock-up voting activity is not only an innovative attempt at ecological governance but also an excellent opportunity for users to share 100 million GMT. Through the mechanisms of lock-up, voting, and reward distribution, participants will become key players in the future development of GMT while enjoying substantial returns. If you want to balance investment returns and governance weight, now is the best time to participate!
