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| $2.02K0.10% | |
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GST is the utility token of STEPN, a Web3 fitness app that rewards users for outdoor physical activity. It is used to upgrade sneakers, mint new ones, and repair worn-out items, with tokens earned by walking, jogging, or running while equipped with NFT sneakers. The supply of GST is unlimited, but STEPN is designed with burn mechanisms to ensure stability, creating a deflationary loop where tokens are consumed through gameplay progression and asset management.