STEPN to buy back and burn GMT using a portion of its $122 million Q2 earnings
STEPN, a Solana-based game that rewards users with cryptocurrency for walking or running, announced Tuesday that it has earned $122.5 million from platform fees in the second quarter of 2022.
5% of those earnings will go toward buying and burning Green Metaverse Token (GMT), the game’s governance token that users earn after reaching level 30.