Wealth falls from the sky, envy cannot reach!
The brother with NFT number 3368 earned $200,000 in a week just by farming! That's equivalent to $20,000 a day!
According to the latest on-chain data: BURNGMT voting activity airdropped 904,000 pieces to NFT holder number 3368MGGA, which, at the current price of $0.22, is worth $200,000! Converted to RMB, that is 1.44 million yuan! That's equivalent to a house, brothers.
Let's carefully learn from this brother's operations:
This retail investor minted number 3368, and the minting time was 9 days ago, which was on November 21, the first day the BURNGMT activity started.
Now let's take a look at the airdrop data for the brother:
In 9 days, a total of 904,000 GMT has been airdropped to the brother, which is already worth a house. That's really amazing.
This chart is the official revenue calculation chart provided:
This means the brother received 3.23% on the first day, 2.78% on the second day, 1.67% on the third day... the yield in these nine days has already exceeded 10%!
Let's review the entire event:
On November 21, the voting platform BurnGMT developed by the GMT DAO ecological fund officially launched, allowing users to vote on whether to burn 600 million GMT tokens repurchased by the team by locking GMT tokens on the Polygon chain from November 21, 2024, to January 20, 2025. According to information revealed by GMT team co-founder Yawn during the official Townhall event on November 19, the 600 million GMT mainly comes from the unallocated shares of early investors and consultants, as well as part of the team's allocation. At that time, users participating in the vote will also receive an additional reward of 100 million GMT as a return for participating in community voting activities.
Against the backdrop of BTC breaking new highs, as an absolute leader in the GameFi track, combined with the previous large-scale liquidity injection into the GMT token pool by the STEPN and GMT teams and their massive airdrop of 200 million GMT tokens to the community in three rounds, this move will lead GMT to a state of near full circulation (excluding about 2.5% of Move2Earn reward shares and foundation share unlocks each year), which may also highlight the team's ambitions in the new bull market—to seek greater development space with better token market performance while giving back to the community and exploring new growth points for the project.
Let's interpret the GMT team's thoughts:
From the perspective of originality in industry gameplay, this move is a clear and straightforward 'open strategy'—to summarize in one sentence, the official behind GMT wants to drive the price of GMT tokens with real money. In the past market, there were always multiple parties representing the will game, including:
1) The game between the on-market and off-market, namely the competition between holders in token locking, spot tokens, and token futures;
2) The game between players and project parties, where one party wants higher returns but cannot unilaterally decide the amount of token supply destruction; the other party has lower direct returns at the token level but holds stronger decision-making power over token supply destruction;
3) The game between short-term DeFi mining returns and belief in projects and the teams behind them, where the former tends to 'earn and run' or 'sell to always earn'; the latter is about 'long lines to catch big fish', using time to exchange for space.
From a market perspective, compared to other teams that 'issue coins and then go silent', the STEPN and GMT teams launching the BurnGMT website to destroy part of the GMT token supply is doing something 'thankless', but the more they do it, the more it highlights their firm determination, decisive actions, and confidence in 'not caring about short-term gains but focusing on the long-term development of the project'.#GMT投票燃烧计划
