Good Morning (GM) is an Ethereum project based on the popular crypto greeting, "GM". GM is the name and ticker symbol of the project's native ERC-20 token.
The GM project is committed to growing as a community through creative initiatives, investing in blockchain ventures and bringing positive change through charitable donations. Its roadmap has plans to build a cross-chain GM bridge and a non-custodial decentralized exchange. This GM cross-chain bridge will make GM a cross-platform asset.
Along with the bridge, the team plans to build a decentralized exchange. The GM DEX will only list safe and approved projects enabling users to swap ERC-20 tokens securely. The DEX will also allow GM to charge listing fees, opening a revenue stream for project marketing and charitable donations.
In the future, the GM project will shift governance power to the GM DAO. GM holders will be able to make proposals, vote on submitted proposals and make decisions regarding charitable donations.
GM price and tokenomics
GM is an ERC-20 token with a total supply of 1 trillion tokens. Out of the total supply, 50% was burned at launch. The remaining 50% was used to provide liquidity on Uniswap by locking the supply with Team Finance.
Initially, GM had a 10% tax structure in place, with 2% going to GM holders, 4% going to Uniswap auto liquidity locking, and 4% going to marketing wallet. However, GM taxes were reduced to 1% to comply with U.S. laws, which are collected and burned.
GM has burned an additional 2.8% of GM tokens taking the total burned supply to 52.8%, thereby positively impacting GM price. GM claims by introducing a 1% burn tax per transaction, GM tokens remain deflationary, preventing liquidations from affecting GM price charts. GM tokens were listed on 12 exchanges in the first week of their launch.
About the founders
GM was launched on Uniswap on November 8, 2021 and co-founded by a popular Twitter influencer, Punk3968. The GM team has raised an undisclosed amount to support the project.
