GMT DAO launches burn initiative allowing holders to vote on burning up to 600 million GMT

From Investing.com

November 21, 2024 12:30:38 am:

The GMT DAO launches the GMT Burn Initiative, allowing holders to vote on burning up to 600 million GMT, worth 100 million USD. Participants can lock their tokens, vote on proposals, and earn rewards. The initiative emphasizes transparency, governance, and community involvement, with future voting cycles planned every quarter.

GMT DAO’s Burn Initiative aims to ensure GMT’s sustainable future through community engagement. By empowering holders to shape key decisions, including potential token burns, the DAO highlights the power of collective input. Voting, starting at 100 GMT, is open at burngmt.com, giving every holder a voice in the token’s future.

GMT, integral to the FSL ecosystem, operates across four blockchains and plays a crucial role in Gas Hero and MOOAR. The token is used for trading items, burning for NFT level-ups, and primary sale raffle mints. GMT is also central to the newly launched STEPN GO for buying Sneakers and in-app functions. Contact GMT DAO at [email protected] for more information.

Read more at Investing.com: GMT DAO Launches Groundbreaking Burn Initiative with a Target of Up to 600 Million GMT By Chainwire