My goodness! Nuclear-powered money printer!
The Mooar platform shows that in just 9 days, the top staker in BURNGMT has staked 8.55 million GMT and has already earned an airdrop of 904,000 $GMT , totaling 200,000 US dollars here.
But brothers! If you simply think that a big shot with 8.55 million GMT only makes money through airdrops, you are very mistaken.
According to on-chain data, this big shot bought GMT before November 21, but the price of GMT is only 0.155U, brothers! As of today, the latest coin price is 0.228U, which has risen nearly 47%!
That is to say, if this big shot doesn't do hedging:
① Airdrop earnings of 904,000 GMT, nearly 200,000 US dollars!
② Coin price increase earning 8.55 million * (0.228-0.155) = 629,000
The total above is 829,000 yuan!
Brothers, check if I calculated it wrong!
It's really not an exaggeration at all, this big shot will only make more money, because the price he bought will only be before November 21, and his cost price should be far below 0.155U, but how much he actually made, only he knows!
So what should we small retail investors do?
Two paths: one is to participate in BURNGMT; the other is to stockpile GMT (at least until January 20)
Firstly, let’s talk about how retail investors can participate in BURNGMT (as long as you have 100 GMT, you can participate)
1. Purchase GMT and withdraw Polygon GMT to MetaMask wallet.
2. Staking address: burngmt
Connect your wallet (you can use fsl id or MetaMask), prepare GMT on Polygon, and click VOTE.
@GMT DAO Daily settlement of the previous day's interest at 8 AM Hong Kong time, distributing the day's 1.66 million $gmt according to the total locked amount, unlock time is UTC January 20, 2025, 0:00, calculating individual total rewards based on actual staking days, the earlier you stake, the higher the yield. The minimum staking amount is 100 $gmt; just voting once will get you a staking NF Little Red Riding Hood.
Secondly, you can stockpile GMT before January 20.
Because before January 20, nearly 30% of the liquidity is locked in burngmt, there is no selling pressure at all, you can buy in anytime at a low price!
Brothers, GMT was once a miracle coin that increased 410 times in 2 months, hopefully this MGGA event can restore its former glory and help brothers become A8, A9! #GMT投票燃烧计划
