The STEPN project will hold an airdrop

The Move-to-Earn team of the STEPN project will conduct an airdrop of FSL points, which can be converted into GMT tokens in a 1 to 1 ratio.

🚨 TRAILBLAZER GENESIS AIRDROP 🚨#STEPNTrailblazer week continues with ANOTHER HUGE AIRDROP 🔥

Eligible Genesis holders will receive FSL Points on them #FSLID in the next 24 hours! ✨

With this new airdrop, we want to reward our most loyal community members.

That's why… pic.twitter.com/5iVxTkiQ0j

— STEPN | Public Beta Phase VI (@Stepnofficial) April 9, 2024

The release states that the number of points will be distributed based on the shelf life of the digital Genesis sneakers. There will be three levels in total: those who have owned sneakers for more than 24 months will receive the most points, the second level – 12-24 months, and the third – 6-12 months.

The team reported that the snapshot was taken on April 7, 2024. The airdrop can be received by those users whose sneakers were on their account and were not put up for sale at the time of the snapshot. Participants also had to use at least two “energies” within 30 days before April 3.

In the statement The Block it is said that STEPN will distribute 100 million FSL to users, which are converted to GMT. At the time of writing, the token is trading around $0.285, which means the airdrop size is about $28.5 million.