What kind of coin is GMT?

The limited supply of GMT ensures that its value is not diluted over time, a crucial factor in maintaining its purchasing power and attractiveness to investors. As demand for GMT increases, its scarcity becomes even more pronounced, potentially driving up its price and making it a valuable asset.

GMT, the governance token of STEPN, holds a unique position within the platform's ecosystem. It serves as a pseudo utility token, offering users the ability to participate in decision-making processes and influence the direction of the platform's development.

In contrast to GST, GMT's supply is carefully managed to be limited and deflationary. This characteristic mirrors the scarcity and value proposition of Bitcoin, the pioneering cryptocurrency, making GMT an attractive investment option for those seeking to diversify their digital asset portfolios.

The deflationary nature of GMT further enhances its appeal. Unlike inflationary currencies, where the supply continuously increases, leading to a decrease in value over time, GMT's limited supply ensures that its value can appreciate as demand grows.

The integration of GMT into STEPN's governance structure allows holders to play an active role in shaping the platform's future. By voting on proposals and participating in decision-making processes, GMT holders can help steer STEPN towards a more sustainable and user-friendly future.