🚀 GMT Unveils $100M Buyback and 600M Token Burn Initiative
In a transformative move, the $GMT team has announced a $100 million buyback initiative to acquire 600 million GMT DAO tokens. This bold strategy reflects their confidence in the project's long-term potential. The reclaimed tokens, previously allocated to early investors, advisors, and team members (locked), will play a pivotal role in the #BURNGMT initiative, empowering the community to shape the future of these tokens through a democratic voting process.
Why the Initiative Is a Game-Changer
This initiative marks a significant milestone for the $GMT ecosystem, offering multiple benefits to the community and the project:
Reduced Supply, Increased Value

Burning 600 million tokens will reduce the circulating supply, potentially increasing scarcity and boosting the token’s market value.Community Empowerment

By enabling holders to vote on the token burn, the initiative fosters active participation, strengthening a sense of ownership within the community.Exclusive Rewards

Participants can earn rewards, including the coveted "Make GMT Great Again" NFT and a share of a 100M GMT reward pool.
Expanding the GMT DAO Ecosystem
The $GMT team continues to build a robust ecosystem with cutting-edge products and global partnerships. Key highlights include:
STEPN: A leading move-to-earn app with over 6 million users, rewarding physical activity with GMT tokens.STEPN GO: Enhanced features for advanced STEPN users.MOOAR: A seamless NFT marketplace using GMT as its primary currency.Ī: A decentralized cross-chain exchange enabling smooth blockchain transactions
Collaborations with iconic brands like Adidas, ASICS, and Casio have also elevated $GMT’s visibility and adoption.
How the BURNGMT Process Works
The #BURNGMT initiative introduces a transparent, blockchain-powered voting system:
Lock Tokens

Participants lock their tokens for 60 days through burngmt.com to vote on proposals, including the proposed 600M token burn.Earn Rewards

Contributors receive a share of the 100M GMT reward pool and exclusive NFTs.On-Chain Transparency

All voting records are securely stored on the blockchain, ensuring fairness and accuracy.
Impact of Burning 600 Million Tokens
Burning 600M tokens can significantly impact the ecosystem by:
Creating scarcity, which could drive demand and enhance token value.Demonstrating the team’s dedication to sustainable growth and community engagement.Instilling greater trust and attracting long-term investors.
How to Participate in the #BURNGMT Initiative
Take an active role in shaping the future of GMT by following these steps:
Connect Your Wallet

Visit burngmt.com and link your wallet.Lock Your Tokens

Secure your tokens until January 20, 2025, to become eligible for voting and rewards.Cast Your Vote

Influence the project’s direction by voting on proposals, including the 600M token burn.Claim Your Rewards

Receive the "Make GMT Great Again" NFT and a share of the 100M GMT reward pool proportional to your locked tokens.
With its focus on transparency, community involvement, and long-term value creation, the #BURNGMT initiative is more than a token burn—it’s a pivotal moment to define the future of the GMT ecosystem. Don’t miss the chance to participate, earn rewards, and shape the path forward for $GMT.
#GMT❤️ #BURNGMT #GMTDAO @GMT DAO

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