STEPN Green Satoshi Token on BSCPrice

(GST-BSC)

The STEPN Green Satoshi Token on the Binance Smart Chain, often referred to as GST-BSC, is a core utility token within the STEPN ecosystem. STEPN is a Web3 lifestyle application that integrates gamification with social elements to encourage physical activity. The project operates on a move-to-earn model, where users are rewarded for outdoor movement such as walking, jogging, or running. To participate and earn these tokens, users must first acquire non-fungible token sneakers within the app. While moving, the application uses GPS and motion sensors to track activity and distribute rewards in the form of Green Satoshi Tokens. The version on the Binance Smart Chain was introduced as part of the project’s expansion to multiple blockchain networks, allowing users within the BNB Chain ecosystem to interact with the game. The token serves as the primary in-app currency and functions similarly to experience points in traditional video games. It has an uncapped supply and is designed to be earned through activity and subsequently spent on various in-game actions. These actions include repairing sneakers to maintain their effectiveness, leveling up sneakers to increase earning potential, and unlocking sockets for performance-enhancing gems. Additionally, the token is required for minting, which is the process of using two existing sneaker NFTs to create a new one. The project utilizes a dual-token system where this utility token is used for daily rewards and operational costs, while a separate token is used for governance and high-level decision-making. To maintain a sustainable ecosystem, the app incorporates several burn mechanics. When users spend their tokens on upgrades or repairs, those tokens are permanently removed from circulation. This system is intended to balance the continuous generation of rewards with constant in-game demand. Overall, the project aims to motivate people to lead healthier lives by providing tangible rewards for exercise while introducing them to decentralized technologies. By migrating to the Binance Smart Chain, the project increased its accessibility and integrated with a wider range of decentralized finance tools and marketplaces. The development team behind the project, Find Satoshi Lab, focuses on creating a bridge between fitness and the digital economy through this gamified fitness experience. Learn more

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