Is STEPN buying and burning GMT? Anyone confirm?
"STEPN has been in a strong growth in the past few months. However, its GMT token has gone parabolic as the platform generated a profit of 198,635 SOL, which is equivalent to over $26.8 million. This revenue came from its NFT marketplace trading and royalty fees in the quarter. As a result, the developers are now buying back GMTs and burning them in a bid to create more value for investors."