**GMT token innovative economic model dynamic update:**
Recently, the market performance of GMT tokens has been eye-catching, with a value increase of more than 6 times in a week, showing strong market momentum. At present, staking GMT tokens can not only obtain high annualized returns, but also have the opportunity to obtain precious Little Red Riding Hood NFT.
**Little Red Riding Hood NFT Acquisition Guide:**
- **Daily Income Settlement**: At 8 am every day, the platform will evenly distribute 1.66 million GMT tokens as interest based on the total locked amount of users.
- **Unlocking Time**: All locked GMT tokens will be unlocked at 0:00 UTC on January 20, 2025.
- **Pledge Threshold**: You only need to pledge 100GMT to participate, and you can get the pledged NF Little Red Riding Hood by staking for one day.
- **Value Highlight**: Even a single Little Red Riding Hood NFT is already very valuable, enough to attract market attention.
**New interpretation of the GMT voting burning plan:**
- **Voting cycle**: Users can obtain voting rights by locking GMT tokens on the Polygon chain from November 21, 2024 to January 20, 2025.
- **Voting decision**: The vote will determine whether to destroy 600 million GMT tokens, which are mainly allocated by early investors, consultants and some teams.
- **Participation method**: Users log in to BurnGMT.com, connect to their wallets, lock GMT tokens, and obtain corresponding voting shares based on the number and time of lock-ups.
- **Reward distribution**: After the voting is over, the platform will automatically airdrop GMT token rewards based on the user's voting share and lock-up status.
**Future outlook for GMT tokens:**
GMT tokens have always followed a deflationary economic model. The team has repurchased and destroyed 800 million tokens, and the current circulation is 3 billion. If the vote is successful, an additional 900 million GMT tokens will be destroyed. Together with the 100 million GMT rewards, the market circulation will be halved to 1.6 billion, the market scarcity will be greatly improved, and the token value growth potential is huge.
**Analysis of the impact of changes in circulation:**
If the vote is successful, the scarcity of circulating tokens will increase, and future market selling pressure will mainly come from the 2.5% annual Move to Earn token rewards and tokens released by the foundation. The chip structure of GMT tokens will change significantly, and the market structure will usher in a new round of reshaping. Like + follow to communicate with each other.
