Move-to-Earn App What is STEPN?
STEPN is the world's first Move-to-Earn project built on the Solana ecosystem. This Web3 app combines the elements of socializing, health and monetization that the sneaker or exercise enthusiast can take advantage of at their own pace.
STEPN Highlights
Move-to-Earn: The combination of being healthy and making money will excite even the laziest of people. In addition, being able to earn money while exercising will motivate people more.
Moonwalking (Cheat Status): The system will display moonwalking if the program detects a weak GPS/internet signal or if the user is not moving organically. In this case, you cannot win the GTS.
Shoe-Minting: You mint a ShoesBox by combining two pairs of NFTs for the same fee, this is called Shoe-Minting Event (SME). Users can perform 7 SMEs per sneaker. The higher the number of SMEs a Sneaker has, the higher the GST/GMT cost.
Burn Mechanism: STEPN has a burn mechanism to reduce the circulation of GMT and GST tokens through activities such as Sneaker Repair, Sneaker Unlock/Reset, Customization Fee, Sneaker Level Up, Sneaker Minting, Upgrade Gems.
Swap: STEPN has a swap feature that allows you to instantly convert GST to other coins or tokens in the market.
How to Get Involved in STEPN
Step 1: Download the STEPN App
Step 2: Choose and Update Your Sneakers
NFT sneakers are needed to earn GST Tokens. There are many sneakers and shoeboxes on the app's marketplace. You can also buy NFT Sneakers from Magic Eden.
There are four types of Sneakers that cost from 9 to 12 SOL, each designed to suit different training intensities:
WALKER (1-6 Km/H): 1 Energy can gain 4 GST
JOGGER (4-10 Km/H): 1 Energy can gain 5 GST
RUNNER (8-20 Km/H): 1 Energy can gain 6 GST
TRAINER (1-20 Km/H): 1 Energy can gain 4-6 GST
Step 3: Take Action
You have to meet the conditions during the run because as mentioned there will always be an anti-cheat censorship system. In addition, be careful not to lose the GPS signal. The system will display the detailed parameters as follows:
Yellow GST Bar: Indicates the maximum amount of GST that can be received.
Blue Energy Bar: Shows the maximum energy stats owned.
Clock: Shows the time after pressing the start button.
Optimal Speed Range: According to the sneaker index, the meter will be blue when you move within the speed range, and red if you are not moving within the speed range.
Step: Shows the number of steps you have taken.
Kilometers: The total distance you have moved is expressed in kilometers.
GST Token: The number of tokens you have earned.
After obtaining GST, you can use it to upgrade NFT, repair shoes, buy shoes, gems or boxes. More shoes means more energy and GST. You can also increase your earnings by participating in Shoe Minting.
Apart from the Solo Mode described above, there are two more game modes in development;
Marathon Mode: Users must register under the marathon tab at least 24 hours before it starts, including weekly and monthly marathons.
Background Mode: Steps are counted directly through the mobile device's health data application, when the application is not actively used.
Step 4: Withdrawing Profit from STEPN
In the Wallet interface, choose Transfer→ To External.
Select the asset you want to withdraw.
Enter the wallet address and the amount of coins/tokens you intend to withdraw.
Click Confirm to confirm the operation.
How Is Running Income Calculated?
At the end of the running session, the system displays all the items won, as well as relevant statistics and information. A simple calculation of GST gain and GST wear per running day can be performed here https://stepn.guide/.
This site will calculate the GST collected and net GST each day after deducting wear (wear) and repair costs. In addition to all this, the probability of obtaining the Mystery Box is also calculated.
