Tokenomic

WARNING: DO NOT SEND ANY ASSETS DIRECTLY to any of our internal wallets, (e.g. STEPNwUmvdCWRm4yzH4rtCuPUeKuEapFvFKHKteiGH5, etc.). FSL will not be held liable for, and cannot retrieve, any assets sent directly to our internal wallet addresses.

Please trade assets only with wallets that you know or wallets that you directly own. If you are unsure how or with whom to do your transfers, you can always reach out to us at [email protected]envelope for guidance.

Definition

Game Token: GST (Green Satoshi Token)

Governance Token: GMT (Green Metaverse Token)

For GMT token distribution and vesting schedule, please visit https://gmtdao.com/arrow-up-right

What is GST?

GST (Green Satoshi Token) is the Utility Token for STEPN. Can be earned by walking, jogging, or running in STEPN using Classic sneakers. With infinite supply, GST can be used in a wide variety of in-game activities.

CONTRACTS:

  • SOL: AFbX8oGjGpmVFywbVouvhQSRmiW2aR1mohfahi4Y2AdB

  • BSC: 0x4a2c860cec6471b9f5f5a336eb4f38bb21683c98

  • POL: 0xC289A1684A04faAf926204235588F5fc1D5e458e

  • ETH (inactive): 0x473037de59cf9484632f4A27B509CFE8d4a31404

Binance Bridge:

  • BNB Chain:0xb310f03758f5222b5b1bb59b7d997f0e77327d04

  • Solana Chain:B1YT25taioVePS81piB5fnJ8inkGfYsQhHsPP1CMCnRS

GST Burning Mechanics (Destroying)

The GST is burned by:

  1. Shoe-Minting

  2. Repair and restore HP

  3. Levelling up Sneakers

  4. Gems upgrade

  5. Unlocking Socket

  6. Opening Mystery Box

  7. Sneaker Enhancement

What is GMT?

GMT (Green Metaverse Token) Is the Governance token for STEPN. GMT is earned by walking, jogging, or running in STEPN using a Rainbow sneaker or a level 30 Classic sneaker. Capped at 6 Billion tokens, GMT is used both inside and outside of STEPN, such as in purchasing items from the STEPN Marketplace, participating in MOOAR auctions, etc.

CONTRACTS:

  • SOL: 7i5KKsX2weiTkry7jA4ZwSuXGhs5eJBEjY8vVxR4pfRx

  • BSC: 0x3019bf2a2ef8040c242c9a4c5c4bd4c81678b2a1

  • POL: 0x714db550b574b3e927af3d93e26127d15721d4c2

  • ETH (inactive): 0xe3c408bd53c31c085a1746af401a4042954ff740

What is SPARK?

Spark is a non-tradeable, non-transferrable in-game token exclusively for Sneaker purchases in the iOS version of STEPN. iOS users can use their Apple Pay to purchase Spark.

NOTE: Spark can only be used to purchase STEPN Sneakers, and not other items such as scrolls, gems, badges, etc. Spark cannot be swapped to any other token.

Alternatively, iOS users can also make their purchases for any STEPN asset using GMT by going to https://m.stepn.comarrow-up-right and logging in with their STEPN account.

Where is SOL/BNB/POL used in STEPN?

Transferring tokens and assets from your Decentralized wallet into your STEPN Spending account will require gas fees. Depending on your Realm, you may be required to spend a bit of SOL, BNB, or POL to process these transfers. Otherwise, you do NOT need these tokens anywhere else in STEPN.

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