LBANK Exchange To List STEP Token On January 21

Source : zycrypto.com

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Global digital asset trading platform LBANK will list STEP on January 21, and STEP/USDT will be available for trading at 21:00 (UTC+8) on January 21, 2022, immediately following the listing.

STEP is a crypto project that rewards its app users with cryptocurrency for working out and staying fit. The native token, STEP, is the one to be listed, an action that is expected to expand its global reach and help it achieve its vision.

The revolutionary project makes it easy to get fit and earn crypto at the same time, like a gym membership that pays back for every step taken. To reward users’ efforts, the mobile app tracks their steps and pays out cryptocurrency depending on how far they go every day.

To start earning, potential users can download the app from the Play Store or from the App Store, buy and hold at least 20,000 STEP tokens in their wallets. The app then automatically tracks their running or walking efforts and pays out rewards in cryptocurrency each day. They need to take at least 4,000 steps daily to qualify for rewards.

Rewards are not paid out in STEP, but rather in BNB. They are calculated on the steps quota among all eligible holders and a multiplier is applied depending on how many tokens each user is holding. This means the more STEP you hold, the more rewards you will earn.

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The intuitively designed app has a simple user interface that anyone can use and can be synced with Apple Health and Google Fit. While it currently only supports activities involving steps and distance, the app will include more varied activities in the future to make it suitable for more people.

The STEP token has a total supply of 1 billion (i.e. 1,000,000,000), a buy/sell tax of 10% on every buy/sell transaction, 5% of it is provided for reward pool, 2% is provided for liquidity pool, and the rest 3% is allocated for marketing.

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