Grinstep Whitepaper
  • 🖌️Overview
  • INTRODUCTION
    • Getting Started
    • Game Modes
    • Sneakers
    • Shoe-Minting
    • Gems and Sockets
  • Game-fi
    • Earning Cap/Mechanics
    • Energy System
    • Enhancement System
    • Fusion System
    • Mystery Box System
    • Quest System
    • Tax and Fee System
  • Marketplace
  • Tokenomics
    • Tokenomics
    • GFT
    • GHT
    • Governance & Ecosystem fund
    • Privacy Policy
    • Security Statement
    • Getting Help
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  1. Tokenomics

Tokenomics

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Last updated 9 months ago

We have two unique tokens that form the foundation of the ecosystem: the Game Token (GFT) and the Governance Token (GHT). These tokens play integral roles in driving the Grinstep experience and enabling exciting interactions within the platform.

  1. Game Token (GFT): The Game Token, known as GFT or Grinstep Fitness Token, serves as the primary in-game currency within Grinstep. It is used for transactions, rewards, and various in-game activities. GFT tokens can be earned through gameplay, completing quests, participating in events, and other engaging endeavors.

  2. Governance Token (GHT): The Governance Token, known as GHT or Grinstep Health Token, holds significant importance within the Grinstep ecosystem. GHT is the native token of the ecosystem, which powers the governance and utility aspects of the platform. With a fixed supply of 4.4 billion tokens, GHT tokens are utilized for burning, utility purposes, and staking to unlock a wide range of functions and perks.

Token Distribution and Vesting Schedule: For detailed information regarding the distribution and vesting schedule of GHT tokens, we invite you to visit the official Grinstep website . It offers comprehensive insights into the allocation and release of GHT tokens.

Please note that the specific details of GHT token distribution and vesting are subject to the information provided on the official channels. It is advisable to visit the official website to access the most up-to-date and accurate information about GHT tokens.

Table:

Token Name
Acronym
Function
Distribution

Game Token

GFT

Primary in-game currency

Earned through gameplay, quests, events, etc.

Governance Token

GHT

Native token of Grinstep

Utility and governance token

Detailed distribution and vesting information available on the official website

The table above summarizes the key details of the two tokens in the Grinstep universe: the Game Token (GFT) and the Governance Token (GHT). It highlights their functions, distribution methods, and primary roles within the ecosystem.

https://grinstep.com