$GMT
The Green Metaverse Token (GMT) is the governance token of STEPN, a popular fitness application that rewards users for moving around outside while wearing NFT sneakers. GMT's primary purpose is to facilitate governance within the STEPN ecosystem, allowing holders to participate in voting on proposals that shape the app's future.
Key Features:
- Governance Token: GMT holders can vote on proposals that impact the STEPN ecosystem.
- Leveling Up: Users need to reach level 30 in the game to start earning GMT rewards.
- Token Burning: GMT is burned for various upgrades within the game, such as sneaker upgrades, gem upgrades, and minting new sneakers.
- Limited Supply: The maximum supply of GMT is 6 billion tokens, with a current circulating supply of approximately 3.05 billion tokens.
Token Uses:
*Governance Voting: GMT holders participate in voting on proposals for the STEPN ecosystem.
*Sneaker Upgrades: Burning GMT to upgrade sneakers and increase earning potential.
*Gem Upgrades: Burning GMT to upgrade gems and enhance sneaker attributes.
*Minting NFT Sneakers: Burning GMT to mint new sneakers with high earning potential.
