$LUNC 🚨 LUNC TOKEN PRICE CRASHED 🚨 👀 LUNC Token price dumped 20.89% in just 24 trading hours . 😱 👀 LUNC TOKEN lost almost it's all bullish candles that was gained in previous weeks bullish Trend & according to my research it's best time to entry in market . 🔥🔥🔥 VOTING BURN MECHANISM AND GMT LOCKING EXPLAINED: 😮 The Voting Burn Mechanism is a novel approach designed to engage token holders in the governance and reward structure of the GMT ecosystem. At its core, this mechanism allows users to burn (permanently remove) their GMT tokens to participate in ecosystem decisions and earn rewards. Here's how it works: 1. 60-Day GMT Lock: When participants decide to take part, they must lock their GMT tokens for a period of 60 days. This lock-up ensures commitment to the ecosystem and prevents short-term speculative behavior. During this period, locked tokens cannot be traded, but participants retain the opportunity to influence ecosystem governance by voting on proposals. 2. 100M GMT Reward Pool: A substantial incentive pool of 100 million GMT tokens is set aside to reward participants. Rewards are distributed proportionally based on the number of tokens locked and the level of engagement in the voting process. The pool not only incentivizes active participation but also ensures fairness by rewarding committed users who contribute to ecosystem development. 3. Burning Mechanism: To enhance token scarcity and long-term value, participants are required to burn a portion of their GMT tokens during the process. This reduces the circulating supply, potentially increasing the token's value over time. This innovative mechanism blends governance, user incentives, and tokenomics to create a sustainable and participatory ecosystem. It benefits both the users, who earn rewards, and the GMT network, which gains value and strengthened governance. #BURNGMT @GMT DAO $GMT #BinanceNextWave #2024WithBinance #Share1BNBDaily #Write2Earn! $ME