STEPN will airdrop $30 million worth of GMT tokens to users

STEPN will airdrop a total of $30 million worth of GMT tokens to users. Stepn is distributing 100 million "FSL" points to users, which can be exchanged for GMT tokens at a 1:1 ratio on the Stepn market. The current trading price of GMT tokens is about $0.30, making the distribution value of Stepn's points approximately $30 million.

Although the airdrop has already begun, Stepn has not previously announced the distribution scale. The company stated that the next phase of the airdrop will begin on Wednesday. Stepn also stated that FSL points can increase users' chances of obtaining exclusive prizes.

Previously, it was reported that STEPN will airdrop FSL points to eligible Genesis holders, which can be exchanged for GMT at a 1:1 ratio.