Step.App Profile picture
Jul 29 5 tweets 3 min read
✨Perpetual Staking Delegation - Preview

Secure the network; earn boosted #yield

Step #blockchain mainnet goes live on August 15. A major yield function goes live with it: delegation rewards.
$FITFI #MoveToEarn
1/5
A. Delegation Explained

Step ecosystem runs on its own PoS #blockchain.
$FITFI tokens must be staked to be part of network validation.
2/5
Delegation allows the community to be part of network security, without buying infrastructure.

A seamless process available on the web & app lets the community delegate $FITFI stake to validators, who share transaction fees.
3/5
B. Massive Decentralization

Step, with its brand & celebrity deals, is on #RoadTo10Million users.

The mobile app, with a fiat plugin, makes $FITFI tokens at the fingertips of people across the world. Delegations are built into the app, making the process hyper simple.
4/5
Step pursues the highest distribution of stake, thereby creating an ultra-secure network - where everyone is rewarded through sustainability of transaction fees.

Step Mainnet 7 Days of Growth
$FITFI #MoveToEarn
5/5

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More from @StepApp_

Jul 28
✨Step App at UNTOLD Festival
Step App given center-stage branding

@UntoldFestival is one of the first institutional developers building on Step #blockchain. The company is using Step technology to build a dance-to-earn app.
$FITFI #MoveToEarn
1/5
As part of the partnership, Step👟App is given prime coverage at this year's @UntoldFestival. Step #blockchain, Step App, and UNTOLD's app on Step will be promoted to millions.
2/5
⚡️Partner Artists + VIP Tickets

UNTOLD is providing Step👟App branding in the live events on artists like CLAPTONE. This also includes VIP tickets that we can give to our community.

More details on this soon.
3/5
Read 5 tweets
May 18
📢Quick Message from Step👟App President

@dharpan has joined #StepApp to lead license acquisition, brand deals, and athlete ambassadorships.

Dharpan was previously leading corporate deals at #McLaren F1!
1/4

#MoveToEarn $FITFI
Dharpan then began his own agency which provided the license acquisition for the largest exchanges in #crypto.

Step👟App has secured some exciting IP deals and athlete ambassadors, including world-renowned partners. These will be rolled out soon.
2/4
2 major corporate partners building on Step Protocol (layer-1) have already been disclosed to the public: @UntoldFestival & @GlobalTitansFS. Several more are lined up.
UNTOLD's audience base is in the tens of millions, working with music stars like David Guetta & Steve Aoki.
3/4
Read 4 tweets
May 16
⚡️$FITFI Staking Yield
With Zero Token Inflation

- 2nd phase of Perpetual Staking incentives goes live soon: zero-inflation yield.
- Perpetual Stakers get access to every ecosystem opportunity.

Perpetual Staking's a powerhouse. Almost 65,000 stakers, more every minute.👇
A. Source of Phase 2 Yield

The staking is liquid as people can leave any point, but has a cooldown. Instant unlock removes cooldown but has a tax. This tax feeds staking yield, without inflating supply.

Longterm stakers earn from flippers.
B. Staking Tiers
To empower longterm stakers, yield is split in tiers.

- 30% of tax goes is divided to all stakers
- bonus 20% divided among 3+ month stakers
- bonus 25% divided among 6+ month stakers
- bonus 25% divided among 12+ month stakers
Read 5 tweets
Apr 28
⚡️Surprise Drop
Demo Preview of KCAL Fair Distribution!

👉 step.app/try-app

$KCAL is ingame asset of Step App, the first app on Step Protocol. It is needed to mint and repair SNEAKs.
To bootstrap launch of app, $KCAL's fair distributed to early community. This lines with our community-centric approach, rather than selling $KCAL.

The fair launch takes place through 3 mechanisms:
👇👇
1. Early Adopters
Community members will have to sign up to the beta app and connect their wallet. The beta phase will be available temporarily only, and each day, pre-signers will collect some "FAT points."
Read 5 tweets

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