#BURNGMT

The #BURNGMT initiative on Binance is a community-driven event by GMT DAO that aims to reduce the circulating supply of GMT tokens through a voting mechanism. Participants can lock their GMT tokens to vote on proposals for burning up to 600 million GMT (approximately $100 million in value). The initiative is designed to empower the community in shaping GMT's future while providing incentives for participants.

Key details of the event include:

1. Voting Period: November 21, 2024, to January 20, 2025.

2. Participation Process:

Lock your GMT tokens on the official voting page.

Vote on how many tokens should be burned.

Receive rewards and a unique NFT as recognition for participation.

3. Rewards: A pool of 100 million GMT will be distributed to participants based on their locked token ratio. Early locking increases potential rewards.

4. Impact: Burning tokens reduces market supply, potentially increasing token value in the long run.

For more details or to participate, visit the official GMT DAO page.