- Step App’s FITFI token was the most searched token last week on Bybit.
- FITFI is the governance token of Step App.
- There are more than 300k users who pre-signed at the website ahead of launch.
Step App FITFI was the most searched token according to crypto exchange Bybit last week.
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As per the tweet of the official Twitter page of Bybit, FITFI was the most popular token last week, followed by Apex Protocol’s APEX and Stepn’s GMT for the second and third place. $GMT was followed by prominent tokens such as APE, GST, DOGE, LGX, BIT, SOL, and NEAR.
Step is a development protocol for Fitness Finance (FitFi). Step App is the first app created by the core team of the protocol. It aims to develop a gamified metaverse for the fitness economy, where users will have to walk, jog, or run to socialize, play, and earn.
By downloading the Step App, users can turn their fitness into a social experience that could reward them. Users will be able to compete with their friends or strangers, socialize locally or globally, and experience the metaverse and their physical world in a dynamic new way by using the app.
According to the Step App website, its token economy includes staking, locks, liquidity incentives, buy backs, and burns.
FitFi tokens are the governance token of Step App. The token has a benefit from the ecosystem fees. Users can use the token to stake to earn a portion of the ecosystem fees.
KCAL tokens are the in-game token of Step App. This token will be used to purchase and mint SNEAKs. Users can earn KCAL from running while staking a SNEAK. The earned KCAL is issued in 10 days’ time, unstaking SNEAKs before the KCAL is claimed burns the pending KCAL.
Dharpan Randhawa, President of Step App, shared on Twitter his excitement for the upcoming Step App launch. He also added that the team will “continue to build the biggest health movement on the planet.”
At the time of writing, the app already has more than 300 thousand users who pre-signed ahead of launch, which allows the opportunity to get free SNEAK (earn) NFTs. Also, the price of FITFI token is currently at $0.66, down 7.41% over the past 24 hours.
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