A big brother received a reward of 200,000 USD for the pledge, and that coin increased sixfold within a week, reaching double in just one day, allowing everyone to truly recognize it! However, the received little red hat NFT is only worth a few thousand, it's too amazing!
According to the latest on-chain data: The BURNGMT voting activity airdropped 904,000 $GMT tokens to the holder of NFT number 3368MGGA, valued at 200,000 USD at the current price of 0.22 USD!
Teach everyone how to claim the little red hat NFT:
Every day at 8 AM, the interest from the previous day is calculated, distributing 1.66 million GMT tokens based on the total locked amount. The unlock time is UTC January 20, 2025, at 0:00, calculating the individual's total rewards based on the actual staking days; the earlier you stake, the higher the yield. The minimum staking amount is 100 $GMT, and just by voting once, you can obtain the staking NFT little red hat.
GMT Burning Plan
The 600 million GMT tokens being burned were previously repurchased by the GMT official team. Most of these tokens come from early investors, consultants' unallocated shares, and some allocated to the team.
Triggering the burning mechanism: When the locked amount corresponding to the voting shares reaches the thresholds of 100 million, 500 million, and 900 million, the team will destroy the entire amounts planned to be unlocked for consultants, the team, and investors in the next 10 months. Also, the unlocked GMT tokens will be sent to a black hole address for destruction, and there will be on-chain records.
If the locked amount can reach 100 million in 60 days, then 60 million tokens from the consultants' shares to be unlocked in the next 10 months will be burned.
If the locked amount can reach 500 million within 60 days, then 170 million tokens from the team's shares to be unlocked in the next 10 months will be burned.
If the amount locked within 60 days reaches 900 million, then 370 million tokens from the investors' shares to be unlocked in the next 10 months will be burned.
Participate in GMT voting and receive rewards, mainly through the BurnGMT platform, the following are the specific steps:
1. Log in to the platform: From November 21, 2024, to January 20, 2025, log in to the BurnGMT.com website.
2. Connect wallet: Connect your wallet containing GMT tokens on the Polygon chain to the platform.
3. Lock GMT: Lock a certain amount of GMT tokens through your wallet to obtain voting shares; the larger the locked amount and the longer the time, the more voting rights and subsequent rewards you will receive.
4. Participate in voting: Use the voting shares obtained from the lock-up to vote on whether to burn the 600 million GMT tokens repurchased by the team.
5. Wait for rewards: After the voting ends, no further action is required, wait for the 60-day lock-up period to end, and the platform will airdrop the corresponding GMT token rewards to the user's wallet based on their voting shares and lock-up status.
The GMT DAO activity this time is to let the community lead the future of the token, and also to encourage everyone's participation through the reward mechanism. Locking tokens, voting, and receiving rewards, your small step may be a big leap for GMT!
