Tokens: GST & GMT
Understand the two-token economy of STEPN OG — what they are, how to earn them, what they're used for, and strategic considerations for each.
Info
GST has chain-specific variants: sGST (Solana), bGST (BNB), pGST (Polygon). Each has its own price and market dynamics. GMT is cross-chain but requires bridge to transfer.
GST vs GMT Comparison
| Metric | GST | GMT |
|---|---|---|
| Token symbol | GST | GMT |
| Supply | Unlimited (inflationary) | 6 billion (fixed cap) |
| How to earn | Moving with sneakers (all users) | Level 30+ Comfort-focused sneakers |
| Price stability | Volatile — tied to user growth | More stable — limited supply |
| Chains | SOL, BNB, POL (separate supply) | SOL, BNB, POL (shared) |
| Primary use | Daily operations (repair, upgrade) | High-tier upgrades, governance |
| Farming requirement | Any sneaker, any level | Lv 30+ high Comfort sneaker |
Token Economic Model
STEPN uses a dual-token economy designed to separate daily utility (GST) from long-term value (GMT). GST is intentionally inflationary to keep repair and upgrade costs predictable in real-world terms, while GMT's fixed supply ensures it can serve as a store of value.
The burn mechanism is critical for both tokens. GST is burned through repairs, upgrades, and minting. GMT is burned through Lv 30 upgrades and governance participation. More users = more burn = potential price support.
Tip
For long-term investment considerations: GMT has a deflationary pressure from burning while supply is capped. GST value depends entirely on new user inflow staying ahead of supply inflation. Always DYOR (Do Your Own Research).
Warning
This is unofficial community-sourced information. Cryptocurrency values can go to zero. Never invest more than you can afford to lose.