STEPN

10% of the total supply (600,000,000 GMT) is unlocked at TGE, with the tokens split between Public Sale and Foundation.

STEPN has a total supply of 6,000,000,000 GMT, of which 5,031,000,012 GMT (83.9% of total) is currently circulating.

Total length of the full STEPN emission schedule is 8 years, with 31.30% released in Year 1, while the remaining 68.70% is released over the following 7 years.

30% of the STEPN supply is allocated to community focused pools such as Move & Earn.

STEPN GMT tokenomics powers the innovative Move-to-Earn ecosystem through the Green Metaverse Token (GMT), the platform’s native governance token with versatile utility. STEPN is a cutting-edge health and fitness application that rewards users with tokens and NFTs for outdoor activities while seamlessly integrating crypto and non-crypto users via built-in features like a wallet, swap, marketplace, and RNPL (Rent Now Pay Later) system. The GMT token offers a range of utilities, including governance participation, profit distribution, and revenue generation. Users can stake GMT for governance purposes, where the longer the staking period, the greater their voting power in shaping the platform’s development. As holders of the platform’s treasury, GMT owners decide on net profit distribution, adding an aspect of financial inclusivity. Additionally, GMT enhances user engagement by being burned to unlock premium in-app features like sneaker upgrades, customization, and new sneaker minting. Key highlights of STEPN include its highly functional mobile app, accessible on iOS and Google Play Store (region-restricted), and Sneaker NFTs – each designed with unique types, qualities, attributes, and customizable gem sockets. Users can burn GST and GMT tokens to level up these sneakers, tailoring them to their preferences for maximum rewards. STEPN employs advanced anti-cheating mechanisms to ensure fair outcomes within the Move-to-Earn system. The innovative RNPL system allows players to rent NFTs at no upfront cost and split earnings with sneaker owners, fostering collaboration within the community. Additionally, STEPN incorporates an integrated NFT marketplace for seamless trading, an in-app decentralized wallet for crypto transactions, and a swap function allowing effortless token exchanges. Backed by a robust financial structure, STEPN has raised $5 million in funding from Sequoia Capital and other prominent Web3 investors, selling 16.30% of GMT supply at $0.005 per token. This dual-token economy, featuring the Green Satoshi Token (GST) and GMT, creates an ecosystem that bridges decentralized finance with everyday fitness activities, driving adoption across wider audiences. Explore STEPN’s tokenomics and transform your fitness journey into a rewarding adventure.