Inexperienced Satoshi Token (GST) is the utility token of the STEPN ecosystem, it’s used as an in-game foreign money and different to expertise factors. GST is required for restore, improve and mint NFT Sneakers. GST could be earned when customers transfer in Solo mode or Background mode.
Gamers obtain Inexperienced Satoshi Token (GST) by way of the STEPN app, tokens are generated in strolling / operating / strolling modes. Buyers can even earn GST by renting out their NFTs to platform customers or new gamers.
GST tokens may also be donated to buy Carbon Removing Credit score on the blockchain, supporting the idea of carbon neutrality to fight local weather change and contributing to environmental safety.
What’s the distinctive promoting level?
The appliance has three modes:
- Solo Mode (a participant earns GST as a consequence of movement, the variety of earned tokens is dependent upon bodily exercise and the rarity of NFT sneakers);
- Marathon Mode (on-line marathons are weekly and month-to-month occasions, registration is required at the least 24 hours earlier than the beginning);
- Background Mode (customers earn revenue in GST tokens simply by having one pair of sneakers, the background mode works even when the applying is disabled, with out lowering the endurance of the sneakers).
NFTs have a unique high quality, attributes and Gem Socket, the replace is finished by burning GST tokens, attribute factors and NFT Gems could be added to enhance efficiency.
Customers can mint a sneaker field aka Shoebox by placing two sneakers collectively. Because of this, an proprietor of a Shoebox receives a random NFT Sneaker.
On the built-in NFT Market, customers can commerce all the things they’ve: Sneaker, Shoebox, Gems, and additionally lease NFTs if crucial.
Utilizing Swap, customers of the cellular app trade tokens for different crypto, and in addition deposit their tokens and NFTs to the built-in Pockets.
The STEPN app might cost small taxes for buying and selling NFT sneakers, minting and renting. On the similar time, a lot of the revenue is earned by platform customers. A part of the earnings goes to the acquisition of Carbon Removing Credit score — assist for carbon neutrality (a state of net-zero carbon dioxide emissions).
GST has an limitless provide and is earned when a person strikes in Solo or Background Mode.
To offer liquidity, 60,000,000 GST have been created;
20,000,000 GST (SPL) and 20,000,000 GST (BEP20) have been minted and added to Orca, Raydium and Pancakeswap’s liquidity pool.
10,000,000 GST (SPL) and 10,000,000 GST (BEP20) have been created and locked in Binance to serve the aim of cross-chain bridge between Solana and BNBChain.
Token Launch Schedule
Token Use Case
- Leveling up Sneakers
- Gems improve
- Unlocking Socket
STEPN is a Web3 life-style app with Social-Fi and Sport-Fi parts. Customers geared up with NFT Sneakers – stroll, jog or run outdoor to earn GST, which can be utilized to stage up and mint new Sneakers, Gamers can select to lease or promote their NFT Sneakers on the in-app Market; customers’ GST earnings are saved within the in-app Pockets, which has a built-in Swap operate.
Discover extra details about: StepN
Web site: https://stepn.com/
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