SGST has an unlimited supply and is earned when a user moves in Casual or IDLE Mode. To provide liquidity, 60,000,000 SGST were created.
SGST token is the utility token, can be used for rewards members, staking, mint shoes etc.
Earn: Walk, jog or running will be able to earn SGST tokens.
Staking: Stake SGST token to earn yield rewards.
Mint: Mint shoes to earn more SGST tokens.
In order to combat the possible inflation of $SGST, we propose a series of application scenarios where the $SGMT can be consumed and burned. As of now, they include but not limited to:
- 3.Leveling up Sneakers
- 4.Gems upgrade
- 5.Unlocking Socket
- 6.Trading fee