GST is an uncapped utility token earned through walking or running in the STEPN app, used for sneaker upgrades, minting, and maintenance.
The dual-token system (GST + GMT) creates a balanced in-game economy, with daily earning caps and burn mechanics to maintain token sustainability.
With wide in-game usage and constant demand, GST powers STEPN’s reward loop and makes real-world movement financially rewarding.
GST (Green Satoshi Token) is the core utility token of STEPN’s Move-to-Earn model, allowing users to earn crypto through real-world activity and spend it on in-game upgrades and assets.
WHAT IS GST?
As a pioneer in the Move-to-Earn (M2E) space, STEPN has introduced a new way for crypto enthusiasts to stay active while earning rewards in the form of its native token — GST (Green Satoshi Token).
GST is the in-game utility token within the STEPN ecosystem, designed to incentivize users for physical activity. When a player owns a pair of NFT sneakers — a core asset in the STEPN app — and goes outdoors to walk or run, they earn GST as a reward for their movement.
Unlike capped governance tokens, GST has an unlimited supply and serves as a functional in-game currency. It plays a critical role in various on-chain activities, including repairing, upgrading, and minting new NFT sneakers. Additionally, seasoned users and investors can earn extra GST by leasing their NFT sneakers to other players through the platform’s rental system.
Whether you’re a fitness lover, a Web3 explorer, or simply curious about how crypto can integrate into your daily routine, understanding how GST works is key to unlocking the full potential of the STEPN experience.
>>> More to read: What is NFT and How Does It Work?
HOW DOES STEPN GST WORK?
🔥 5 MILLION GGT BURNT 🔥
We know times are tough, and that’s exactly why we’re taking action. We’ve burned 🔥 5 million GGT 🔥 from our treasury profits as a sign of our long-term commitment to STEPN GO and to you, our community.
We’re here for the long game. Building with… pic.twitter.com/wB6y913LnV
— STEPN GO (@Stepnofficial) June 9, 2025
STEPN is a Move-to-Earn (M2E) blockchain-based fitness app launched in 2021 by co-founders Yawn Rong and Jerry Huang. Unlike most blockchain games that focus purely on virtual gameplay, STEPN bridges the real and digital worlds by rewarding users with crypto for staying active in real life.
Built on the Solana blockchain, STEPN combines SocialFi and GameFi elements. Players start by purchasing a pair of NFT sneakers, which are required to earn rewards. When users walk, jog, or run outdoors with their NFT sneakers, the app tracks their movement — much like a step counter — and rewards them with GST, or Green Satoshi Token.
GST is an uncapped utility token earned through physical activity. It serves several in-app functions, such as repairing, leveling up, and minting new NFT sneakers. The more rare and upgraded your sneaker, the more efficient your GST earning potential becomes.
What makes STEPN stand out is its gamified fitness experience and strong community-driven features. Users can level up their NFT sneakers, engage in sneaker minting, and even participate in in-app social activities. Since its beta launch on December 20, 2021, STEPN has rapidly gained traction, becoming one of the most talked-about Web3 fitness apps.
In short, STEPN allows players to earn GST simply by moving — and that GST can then be swapped, traded, or reinvested into the game. It’s fitness with financial incentives, built for the Web3 era.
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STEPN GST DUAL-TOKEN MODEL
One of the key features that sets STEPN apart in the Web3 fitness space is its dual-token economic system. This structure revolves around two tokens — GST (Green Satoshi Token) and GMT (Green Metaverse Token) — each serving a distinct role in sustaining the platform’s ecosystem and incentivizing user activity.
📌 GST vs. GMT: Utility and Governance
GST is the main utility token within the STEPN app. It is earned through in-game physical activities like walking, jogging, or running, and is used for core gameplay mechanics such as sneaker repairs, upgrades, and minting new NFT sneakers. GST has an uncapped supply, making it the primary fuel for STEPN’s internal economy.
In contrast, GMT is STEPN’s governance token, with a fixed total supply of 6 billion tokens minted during the Token Generation Event (TGE). While GMT plays an important role in voting and unlocking advanced features, it is used far less frequently in gameplay compared to GST. As a result, GST also has a significantly higher burn rate due to its constant in-app utility.
📌 Daily Earning Limits and Progression Mechanics
To control inflation and promote long-term sustainability, STEPN imposes daily earning caps for both GST and GMT. New users can initially earn a maximum of 5 GST per day. However, by upgrading their NFT sneakers — through leveling and enhancing attributes — players can increase this daily cap up to 150 GST, significantly boosting their earning potential.
This mechanism encourages continued player engagement and reinvestment into the app’s ecosystem. By scaling rewards with user progression, STEPN creates a balanced and scalable token economy that aligns player incentives with platform growth.
In summary, GST is the cornerstone of STEPN’s reward system — widely used, frequently burned, and essential for gameplay. Its utility-driven nature makes it a key component of the Move-to-Earn model that powers STEPN’s success.
>>> More to read: What is a Token Generation Event (TGE)?
WHAT ARE THE USE CASES OF GST?
Within the STEPN ecosystem, GST (Green Satoshi Token) serves as the primary in-game currency. Once earned through physical activity like walking or running, GST can be used in several key ways:
✅ Minting New Sneakers
To mint a new NFT sneaker — whether it’s a common, uncommon (green), or rare (blue) type — users must spend GST. The amount of GST required increases with each additional mint attempt, adding a cost curve that incentivizes strategic planning.
✅ Sneaker Leveling
Players can burn GST to upgrade their sneakers from Level 1 up to Level 28. The higher the level, the more GST is required, with costs increasing exponentially. Upgraded sneakers unlock better stats, higher earning potential, and access to new features.
✅ Unlocking & Upgrading Gem Slots
GST is also used to unlock gem sockets and synthesize gems. Gems provide stat boosts to sneakers — such as improved efficiency, luck, or durability — which in turn enhance movement rewards and gameplay depth.
✅ Speeding Up Upgrades & Reducing Cooldowns
After each workout session, NFT sneakers lose durability (HP). All sneakers start with 100% HP, but this decreases as energy is spent. If HP drops below 20%, the sneaker’s energy contribution becomes ineffective; if it hits 0%, the sneaker can no longer generate rewards. GST is required to repair and maintain sneakers, making it a critical consumable with constant demand.
✅ Other Utilities
Beyond the core functions above, GST is also used for sneaker repairs and resetting sneaker attributes, allowing players to optimize their gear and gameplay strategy.
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GST TOKEN DISTRIBUTION & LIQUIDITY
Unlike many crypto tokens that require upfront investment, GST (Green Satoshi Token) can be earned entirely through activity — specifically by walking, jogging, or running in the STEPN app. While earning GST requires time and physical effort, no financial commitment is needed to acquire the utility token through gameplay.
It’s important to note that while GST has an uncapped supply, the platform employs a robust burn mechanism to control inflation. Every time a user engages in key in-game actions — such as minting, upgrading, or repairing sneakers — a portion of GST is permanently removed from circulation, helping to manage token supply effectively.
📌 Initial Liquidity Distribution
To ensure liquidity and enable smooth trading, STEPN minted a total of 60,000,000 GST tokens and allocated them across multiple exchanges and networks as follows:
20,000,000 GST (SPL) minted for Raydium and Orca on the Solana blockchain
20,000,000 GST (BEP-20) minted for Swap on the BNB Chain
10,000,000 GST allocated per chain and locked on Binance to support cross-chain bridge operations
These allocations were designed to provide reliable market access for users across different blockchains while facilitating token swaps and maintaining decentralized liquidity.
🪙Circulating Supply (as of June 4)
As of June 4, the circulating supply of GST stands at 3,390,110,571, while the total supply is 3,400,110,571.08.
✏️ Conclusion
By integrating both GameFi and SocialFi elements, STEPN has laid a strong foundation for its success. Its ability to reward healthy lifestyles has enabled the platform to rapidly grow and retain a large, engaged user base. At the heart of this ecosystem is GST, the core utility token that users can earn directly through physical activity.
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〈What is GST? Earn Money Just by Walking with STEPN〉這篇文章最早發佈於《CoinRank》。
