BurnGMT.com was officially launched on November 21, attracting widespread attention. As a 600 million GMT burning plan led by the GMT Ecological Fund, its first-day annualized rate of return is as high as about 1200%.
According to platform data, users can not only participate in governance decisions by locking GMT, but also enjoy a fixed daily reward of 1.67 million GMT, with a total reward of up to 100 million GMT.
It is reported that the GMT withdrawal function of many exchanges has been suspended. Large-scale lock-ups have directly reduced the number of GMTs in circulation in the market, and liquidity is gradually being drained.