Green Satoshi Token vs. Green Metaverse Token: Reviewing the Differences

STEPN, a Web3 fitness application, employs a dual-token system comprising Green Satoshi Token (GST) and Green Metaverse Token (GMT). While both tokens are integral to the platform, they serve distinct purposes within the ecosystem. 

This article delves into the differences between GST and GMT, exploring their functionalities, supply mechanisms, and roles in the STEPN environment.

Green Satoshi Token (GST): The Utility Token

GST Purpose and Functionality

GST operates as the utility token within STEPN, primarily rewarding users for physical activities like walking, jogging, or running. By equipping NFT Sneakers, users can earn GST through movement, aligning with STEPN's move-to-earn model.​

GST Supply and Inflation

Unlike GMT, GST has an unlimited supply, making it an inflationary token. This design ensures continuous availability for users engaging in physical activities. However, to manage inflation, STEPN incorporates a burning mechanism where GST is destroyed during specific in-app activities, such as:​

• Minting new sneakers
  
   
• Repairing and restoring sneaker durability
  
   
• Leveling up sneakers
  
   
• Upgrading gems
  
   
• Unlocking sockets
  
   
• Opening mystery boxes​
  
   

These mechanisms help regulate GST's circulation and maintain its value within the ecosystem.​

GST Utility and Use Cases

GST serves multiple purposes within STEPN:​

• Sneaker Upgrades: Enhancing sneaker attributes to improve performance.
  
   
• Minting: Creating new NFT sneakers for personal use or marketplace trading.
  
   
• In-Game Purchases: Acquiring items like gems or mystery boxes to enhance gameplay.
  
   
• Earnings: Converting GST to other cryptocurrencies or stablecoins through exchanges.
  
   

Also read Green Satoshi Token (GST) Price Prediction 2025

Green Metaverse Token (GMT): The Governance Token

GMT Purpose and Functionality

GMT functions as the governance token within the STEPN ecosystem, granting holders the ability to participate in decision-making processes. Beyond governance, GMT is also used for advanced in-app activities and features.​

GMT Supply and Deflation

GMT has a fixed maximum supply of 6 billion tokens, all minted at the platform's launch. To promote scarcity and value appreciation, STEPN implements a burning mechanism where GMT is destroyed during specific activities, including:

• Leveling up sneakers at certain milestones (e.g., levels 5, 10, 20, 29, and 30)
  
   
• Upgrading high-level gems
  
   
• Redistributing sneaker attribute points
  
   
• Participating in governance decisions
  
   

Additionally, GMT features a halving mechanism, reducing the vested supply by half every three years to ensure long-term sustainability.

GMT Utility and Use Cases

GMT's primary functions within STEPN include:​

• Governance Participation: Voting on proposals and influencing platform developments.
  
   
• Advanced Sneaker Enhancements: Unlocking higher-level upgrades and customizations.
  
   
• Ecosystem Engagement: Accessing exclusive features and events within the STEPN community.​

Also read How to Earn Green Satoshi Token (GST) from Playing STEPN

Comparative Analysis: GST vs. GMT

Conclusion

Understanding the distinct roles of GST and GMT is crucial for effectively navigating the STEPN ecosystem. While GST incentivizes users to stay active by rewarding physical movement, GMT empowers users to participate in governance and access advanced features. 

Together, these tokens create a balanced and engaging environment that promotes both health and community involvement within the STEPN platform.​

FAQ

1. What is the main difference between GST and GMT in STEPN?
GST is the utility token used for rewards and in-game functions, while GMT is the governance token used for voting and unlocking advanced features.

2. Can I earn both GST and GMT by walking or running in STEPN?
Yes, but GST is earned from the beginning. GMT becomes available for earning once your sneaker reaches level 30.

3. How is the supply of GST and GMT managed?
GST has unlimited supply with burning mechanisms to control inflation. GMT has a fixed supply of 6 billion tokens and includes periodic burning to maintain scarcity.

4. What can GMT be used for besides governance?
GMT can be used for sneaker upgrades, gem enhancements, and accessing exclusive in-game benefits once your sneaker reaches higher levels.