Step App News
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Re-imagine Fitness! Earn, socialize, play, and compete in the first health metaverse, powered by augmented reality.
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Step App DEX Opening — Next Week
$FITFI Tokens on DEX Soon, Tapping Millions of New Users

Step App has acquired great adoption among centralized exchange users. Still, we recognize that a very large portion of the market is now exclusively on DEX markets.

So far, we have not placed $FITFI liquidity on any DEX.

As part of our push for greater and greater adoption, $FITFI tokens will be available to DEX users next week.

This is coming in line with launch of staking. We will deposit deep AMM liquidity to ease access tokens, and deeply shorten the time between token purchase and staking.

Additional details will be released soon.
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Step App Perpetual Staking Goes Live!
Overloads Avalanche Network

👉 https://staking.step.app/

Breaking Records
Step App Perpetual Staking Contract and token contract are highest used contracts in all of Avalanche ecosystem. Each of them is higher than all Avalanche DEX and 1inch - combined!

Staking is not first come, first serve. So please wait for gas to adjust. It is currently 10-30x higher than normal instances.

Over 10M staked in first minutes.
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Step App - Major Upcoming Events
$FITFI Stays Busy

There's a strong funnel of upcoming events, here are details on some.

A. DEX Launch
Millions of crypto users only buy via DEX. We'll provide deep AMM liquidity to onboard them.

B. $KCAL Launch & Referral Campaign
10M users is Step community's first milestone. That's why $KCAL has a fair genesis. All early sign-ups get some daily (minted by burning some $FITFI).

To boost adoption, $KCAL rewards are multiplied for referrers. Road to 10M users is a community effort - and very rewarding for active ones.

C. First Celebrity Athlete
There are athletes that everyone knows - celebrity athletes.

Celebrity athletes as Step ambassadors are the most powerful mass appeal. We are building a pipeline of them, and first one's ready.

D. Community Whitelist for Beta Access
Perpetual Staking means you stake once to be part of all great things in the ecosystem.

The strongest community (stakers) will soon be able to opt into a whitelisting campaign for Step private beta.
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⚡️$KCAL Signup Begins Tomorrow
$KCAL token fair distribution incentivizes community to be part of the road to 10 million.

Starting tomorrow, community members will be able to sign up for the fair distribution of $KCAL.

KCAL Distribution System
Upon sign up, you will get some FAT Points. Some more FAT Points will trickle in daily, with the goal of keeping pre-signup users stay aligned with project updates.

As you refer people to the ecosystem, your daily FAT Point trickle will get a multiple. This way, active and supportive community members will have much more FAT Points.

Burning FAT for $KCAL
At genesis, the acquired FAT Points can be converted to $KCAL tokens.

The FAT Point burn will require some FITFI tokens. This is to ensure bots don't plague the system. The pre-signup goes live tomorrow, and the trickle of FAT Points will begin 7 days after it.

We are confident the program will help the app secure a million active users on launch day, and have the community play a role on the #RoadTo10Million.
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Step App Core Liquidity
$3 Million Added to DEX This Week

Step App core DEX liquidity will proceed as planned. To push the asset towards non-correlation with the market, liquidity will be added in stablecoins only.

$3M liquidity will be added this week. It will be further increased over time.

This move should ease access to the token, open it to millions of new people, and great reduce time from token purchase to stake.

The community continues to stake $FITFI, with new people joining every minute. Almost 50,000 unique stakers already.
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⚡️Exploring Step Augmented Reality
Step Protocol SDK comes with a wide integration set, including the layer-1, NFT infra, metaverse, and proprietary augmented reality.

To maximize the bond between the physical world and the metaverse, AR plays a vital role. Some of the major AR functions we are delivering enable the following features:

- Personalized Avatars: capture your true self in the metaverse, and explore customizations to go beyond
- Environment Capture: build customized run loops of your reality
- Apparel Capture: capture and adjust with your imaginations real sneakers (with partnership of brands)

Demonstration: the avatar of one of our advisors (Dovey) explores the metaverse and tries on AR-enhanced SNEAKs.
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App Pre-Signup Now Live; Join to Earn $KCAL
Page went up an hour ago, with 20,000+ people onboard already.

$KCAL tokens are the game asset. They are used to mint and maintain NFTs, among other functions. Some $KCAL tokens, to bootstrap, are given to early adopters in a fair mechanism.

- Sign-Up Page
https://app.step.app/
- Begin earning FAT Points here.

- Landing Page
https://step.app/try-app
- New community members can learn more here.

A. First Sign-Up to Start Earning FAT Points
You get some when you sign-up. More are trickled every day. You can earn much, much more by referring people to the app.

B. Then at $KCAL Genesis, Burn FAT Points
To avoid bots, some $FITFI tokens are needed to burn FAT Points and turn to $KCAL tokens. This event will take place on $KCAL launch day.

You can sign-up + refer already!
FAT Points will start building up 1 week from now.
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⚡️Zero Inflation, High Yield Staking
+ Market Bought, Circulating Token Burns

Perpetual Staking has been a tremendous success. An average of 25M token staked daily till now.

It's highly rewarding with access to all ecosystem opportunities, with no need to stake ever again. Additionally, it comes with a built-in flipper tax system.

In just 5 days, 1.1M tokens have been collected in the Perpetual Staking tax deposit.

A. Zero Inflation, High Yield Staking
FITFI stakers can earn a high yield, even if zero tokens are minted. The tax at current rate can award 100%+ yields to stakers.

Stakers earn from flippers. Those who remain staked longer, earn exponentially higher.

B. Market Bought, Circulating Supply Burns
FITFI in the tax deposit are bought on the market and are from circulating supply. At current rates, these can power massive $1.5-2M burns a month.

C. Starting Next Week
Portion of tax will be burned. The other portion will be pushed to staking rewards, with a large skew for those who stake longer.
Market Buy, IP Licenses
and Update: Moving DEX Liquidity

The intent for deploying DEX liquidity remains intact. However, a key goal of this move is to tap a growth in community members.

The impact of DEX liquidity would be not as strong at present. Therefore, the launch of DEX liquidity is slightly postponed.

To offset this, a market buy across various CEX will be conducted. This will take place in many small buys over the next 7 days, to ensure futures contract traders do not front run.

Additional Notes
Step ecosystem has acquired substantial licensing rights. This is a value add for:

- Exposure: addressable market of licenses is over 100s of millions of fans
- Layer-1 Growth: new, mega- app on the Step Protocol
- Ecosystem: Step is the standard of the FitFi economy; licenses will be composable and hence usable by ecosystem apps

The details of this will be released at a strategic time.
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⚡️Global Titans x Step App
Bringing FitFi to Global MMA & Boxing Communities

Global Titans is a leading boxing and MMA brand which works with the likes of Floyd Mayweather and Anderson Silva. Step App has entered a deep, strategic relation with the brand.

A. Sponsorship & Marketing
Step App will be the primary sponsor of Global Titans' upcoming fight starring veteran boxers such as Mayweather and Silva. Hundreds of millions of fans.

The event is expected to take place in Dubai.

B. Development & Integration
Step App and Global Titans will explore the creation of a FitFi app that brings immersive experiences for boxing and MMA fans. Train in sessions with global champions, and earn - seasonal campaigns.

Further, the two brands will explore branded SNEAKs, alongside sponsored NFTs and other assets of champion athletes.

This is a second global brand with millions of fans building on the Step Protocol. Just getting started.
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⚡️$FITFI Staking Yield
With Zero Token Inflation

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

A. Source of Yield
Staking is a powerhouse. Almost 65,000 stakers & more every minute.

Staking is liquid. People can leave any point but have a cooldown. Instant unlock removes cooldown for a tax. Tax feeds staking yield, without inflating supply.
Longterm stakers earn from flippers.

B. Staking Tiers
Empower longterm stakers. Yield is split in tiers:

- 30% of tax goes 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

In effect, if 100 people stay till 12+ months, they could earn the same amount as 65,000+ who stay short-term.

No locks. Simply willingness to remain staked voluntarily.

C. Future Yield Phases
Roadmap opens more yield: blockchain validation & tx fees; NFT ecosystem yield; every other product in ecosystem.
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Quick Message from Step App President

Dharpan has joined Step App to lead license acquisition, brand deals, and athlete ambassadorships.

He was previously leading corporate (brand) deals at McLaren F1. 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.

Two major corporate partners building on Step Protocol (layer-1) have already been disclosed to the public: are UNTOLD and Global Titans. Several more are lined up.

UNTOLD's audience base is in the tens of millions, working with music stars like David Guetta and Steve Aoki. Global Titans audience base is also in the tens of millions, with combat stars like Anderson Silva. Both (and the follow-on incorporate partners) will play a key role in taking Step ecosystem to global audiences.

Dharpan will host an AMA with the community this Friday.
Step App Localization Update
Native Spanish Now Live

Step ecosystem is being developed with localizations. The native blockchain's developer docs, NFT infra, and metaverse operations will all include globalized tapping.

Spanish localization for current docs and media is now live. This is an addition to Mandarin.

We are keen to hear from the community which localizations you'd want most.
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Perpetual Staking — Lootboxes
Epochs Explained

Perpetual Staking gives you access to everything happening in the Step ecosystem. Phase 1 is Lootboxes.

Phase 2 is non-inflationary yield. Future phases include fee distribution from ecosystem products.

Lootbox Epochs
- Every epoch, drop tickets are issued to stakers.
- More drop tickets leads to higher rate of winning a Lootbox (launchpad style)
- Lootbox winners for this epoch will be selected this Monday

The next epoch has already begun. You are accruing new drop tickets for the next lottery selection automatically. The genesis SNEAK collection includes 10,000 assets. Epochs will continue till all 10,000 have been minted.
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⚡️Step App Track, Live on Apple Music!
in Collaboration with FEHRPLAY

After weeks of collaboration, Step App track by Deadmau5 backed artist FEHRPLAY is live on Apple Music!

- Track's first market is Apple Music, which has an outstanding 78 million users
- The first crypto development to be exposed on Apple Music

This is a major milestone in our #RoadTo10Million.

Music as a User Acquisition Strategy
Fitness and sound have an unbreakable bond. Music is a companion for exercise, be it the gym, a run, or sports.

Music pushes for greater thrill, to push you forward and harder. This track is made to bind the thrill of music with the incentives of success. Run, listen, and earn.

A custom track made for the global movement of FitFi, where fitness is monetarily appreciated. This is the sound of the future of fitness, powered by Step App.

To expose the opportunities of FitFi and Step App to a global audience that uses Apple Music for their fitness soundtrack.
👉 https://moodofmind.com/step
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Important Upcoming Events

The launch of the native blockchain and core infrastructure (i.e. native NFT market) are major milestones.

With the blockchain testnet on the horizon, protocol page for the public and developer docs for third party builders will be available in the coming week.

Additionally, a preview of the NFT aggregator, running on the native blockchain will also go up.

Internalizing NFT infrastructure ensures maximum value capture, while ensuring corporate developers (like Global Titans & UNTOLD) have immediate and readily available tools for their assets and communities.

Re-Tweet
twitter.com/StepApp_/status/1528157723174612993
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App Preview, Private Beta Whitelist, and Lootbox #1 Winners

This video gives a sneak preview of the core app (with an easter egg on next athlete ambassador). The private beta whitelist for community members to try the app will go live soon.

To be a part of the selection phase, simply connect your wallet on the KCAL pre-sign up page. This function will be available at the end of the week.

Priority will be given to wallets that are detected as FITFI token stakers.

Additionally, the winners of the first lootbox are now released. Note that the Lootbox round 2 has already begun and Drop Tickets are accruing.

Step App Lootbox #1 Lottery Winners
https://docs.google.com/spreadsheets/d/1qwivQi4DuPoHmXzBNlESZ7BixMSbIFwETb9mgcZib3I/edit?usp=sharing

All winners will also be notified directly on the staking page tomorrow.
Dear Community,

The official Lootbox claim will begin in 2 hour and 15 minutes from now - 2.30 am UTC.

If you have won the lottery of event number 1, your UI will show a claim option.

NOTE: If you claimed a token in the Lootbox UI prior to this announcement, please be noted that you claimed just a test token which does not represent anything. It's safe to have it but it has no use case or price.

👉 Trading + Reveal Strategy
The trading and reveal of the Lootbox (and upcoming Lootboxes) is reserved till the launch of the internal NFT marketplace.

This ensures that: (1) the powerful reveal event which attract lots of new users and (2) the valuable trading volumes only happen on the native marketplace.

This will help push a large flow of new users to our own NFT marketplace and the value of the volume they bring to our own community. It also helps isolate the volumes of the Lootbox to an internal product, thereby maximizing value for the FITFI economy.

This is a reminder that Step ecosystem is not just an app. It's comprised of much more: including native blockchain and infrastructure (like the NFT market).
Step App Localization Update
Chinese Mandarin Retained

Step ecosystem is being developed with language localizations for all major markets. The native blockchain's developer docs, pages pages, and news flow will all include globalized tapping.

Step App will retain Chinese Mandarin localization for project docs and media.

Upcoming localizations will include Korean and Japanese.
The Whitelist for Private Beta is Now Live

1. Go to app.step.app
2. Connect wallet
3. Selection process will be limited to those with at least 5,000 FITFI staked

For qualifiers, the "Join" button will become visible. A small number of qualified applicants will be picked for the private beta access and testing.
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⚡️Token Inflation Halted

Token tranches for staking, liquidity, marketing, and mining are originally scheduled to have a monthly vest. These play a vital role in the growth of the blockchain.

These will instead be halted till the release of the Step blockchain and its main ecosystem products, like Step App.

The testnet of Step blockchain is ready. Core ecosystem partners like Global Titans and UNTOLD will be involved in the testing phase. Given all variables proceed correctly, the mainnet will be ready for launch.

These is a key product showcase also primed within the next 24h.