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【6 Billion GMT Burning Plan Rules Announced, BurnGMT.com Officially Launched】 November 21, the GMT team announced on X that the BurnGMT.com platform will officially launch at 11:00 AM on November 21, Hong Kong Time. Users can participate in a burning decision involving up to 6 billion tokens by staking GMT.It is reported that the project team has spent approximately $100 million to buy back all 6 billion GMT allocated to early investors, advisors, and the team with lock-up. These tokens will gradually unlock over the next 10 months, but will be burned directly upon reaching the voting threshold.This burning plan is led by the GMT Ecosystem Fund and is used to empower the community for on-chain governance. The GMT DAO is an independent entity composed of GMT holders and operates autonomously, with no affiliation to FSL or its related brands.
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