Stepn announced distributing a total of 100 million FSL points to users, which can be exchanged for GMT tokens on the STEPN marketplace at a 1:1 ratio. With GMT tokens valued at approximately $0.30 each, the airdrop holds a significant worth of $30 million. 

This initiative aims to reward STEPN's loyal user base and badge holders, as well as Genesis holders who have held NFTs for extended periods.

Here's how you can earn STEPN GMT airdrop points and dive into this exciting opportunity.

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Understanding the Airdrop

The airdrop is divided into two phases:

• Phase 1 - STEPN Badge Holders: Users can earn FSL Points by completing achievements within the STEPN app. Badge holders are eligible for rewards based on their activity levels and accomplishments.
• Phase 2 - Genesis Sneakers Holders: This phase rewards the most loyal STEPN users, particularly those holding Genesis Sneakers NFTs. The longer the ownership period of the NFTs, the higher the reward potential.

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Utilizing FSL Points

The FSL Points earned through the airdrop enable users to participate in upcoming STEPN mints and enhance their chances of winning exclusive prizes. 

Additionally, FSL Points can be seamlessly swapped for GMT tokens via the STEPN marketplace, offering users flexibility and utility within the ecosystem.

Claiming Your Rewards

To claim your airdrop rewards, ensure your sneakers were in your account and not listed for sale at the time of the snapshot on April 7th. 

Participants must have also used at least two "energies" within 30 days before April 3rd. Claiming your points involves signing up for an FSL ID, enabling seamless interaction and reward earning across the STEPN ecosystem, including the NFT marketplace MOOAR and strategy game Gas Hero.

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More Upcoming Announcements

According to the team, STEPN's airdrop marks the beginning of several significant announcements aimed at reinforcing its competitive stance and revitalizing the move-and-earn sector. 

“STEPN currently finds itself at a very exciting juncture, with major plans in the pipeline this year to supercharge our growth and cement our leading position in the move-and-earn sector. The next few months mark a pivotal moment for STEPN, and we’re thrilled to share this with our most dedicated supporters,” said Shiti Manghani, CEO of STEPN.