The #BURNGMT Campaign is your chance to participate in a $100M rewards pool! Powered by GMT DAO, this initiative supports groundbreaking projects like STEPN and MOOAR, offering participants rewards for their engagement and contributions.
What is the BURNGMT Initiative?
The BURNGMT Initiative is a pivotal event for the GMT community, showcasing the project’s confidence in its ecosystem. This program includes a $100M buyback and the burning of 600 million GMT tokens, highlighting its commitment to long-term growth.
Why Is This Significant?
Major Token Burn: Unlocked allocations for early advisors, teams, and investors have been repurchased and permanently removed, reducing supply and enhancing scarcity.
Community Rewards: A 100M GMT reward pool is up for grabs through a voting system, where participants can earn up to $10,000 while shaping GMT’s future.
Why Join the #BURNGMT Campaign?
1. Community Empowerment: Influence GMT’s tokenomics by voting on token burns.
2. Potential Value Growth: The burn of 600M tokens decreases supply, which could boost token value.
3. Ecosystem Expansion: Partnerships with innovative brands like STEPN and MOOAR emphasize GMT's focus on sustainability and scalability.
How It Works
1. Vote on Token Burns: Participate in a 60-day voting process to decide on burns.
2. Earn Rewards: Lock your tokens for 60 days and claim a share of the 100M GMT rewards pool based on your involvement.
3. Support Growth: Strengthen the ecosystem while maximizing your earning potential.
Impact on Tokenomics
Burning 600M GMT tokens introduces a deflationary effect, reducing supply and potentially driving up value for all holders.
Why It Matters
The BURNGMT Initiative isn’t just about token burns—it’s a bold step toward creating a sustainable and thriving GMT ecosystem. By rewarding the community and fostering growth, GMT DAO is paving the way for a stronger future.
