How To Stake STEPN (GMT) Tokens?

How To Stake STEPN GMT Tokens

The breakthrough of NFT has given rise to many new concepts, use cases, and applications of blockchain technology. Over the past few years, blockchain technology has made its way not only into our financial lives but also into our lifestyles.

Blockchain and NFTs started gaining traction when their use cases expanded to areas of personal interest, including gaming, fitness, and lifestyle. In no time, everyone wants to have a bite of the benefits of blockchain-based rewards while enjoying themselves.

One of the most interesting applications of blockchain-based reward is move-to-earn games. These games allow users to earn tokens or cryptocurrencies for participating in physical or health activities.

However, it is almost impossible for everyone to have the time to jog. In reality, many people are always preoccupied with family, work, or health issues.

For people like this, staking Stepn’s native token, GMT, can allow them to earn rewards for doing absolutely nothing. Staking GMT allows token holders to earn passive yield rewards.

In this guide, you’ll learn different ways to stake GMT and earn incentives on your investment. However, before we delve into that, let’s briefly examine the game and its ecosystem.

What is Stepn?

Stepn is a Solana-based NFT game that features a blend of FitnessFi and DeFi to tokenize everyday fitness activities. The game is a web3 lifestyle app that rewards its users for completing physical activities like running, jogging, or walking.

It also features a gamified concept with which users can have fun while engaging in physical activities.

To get started, users must get a pair of NFT sneakers. With this, users can have enough motivation to prioritize the soundness of their health, body, and mind. Once they complete these activities, users get rewarded with crypto tokens.

Stepn is a revolutionary app that serves as a beacon for the move-to-earn concept. In fact, the app has attracted VC firms, accruing millions of dollars for developing the move-to-earn concept.

How does StepN work?

Like every other move-to-earn game or app, all you have to do is participate in physical activities to earn rewards with Stepn. The app tracks user activity via their GPS-enabled mobile devices or fitness tracker.

Before a user can start earning, they must buy a pair of NFT sneakers that matches their preferred activity level. The floor price of Stepn NFT sneakers on secondary marketplaces is 1 $SOL, equivalent to $32.

Essentially there are four types of sneakers based on activity level. They include:

  1. Walkers: These types are most suited for users who’d like to walk rather than run or jog. You have to keep a speed of 1 to 6 kilometers per hour. Meanwhile, for each energy spent with a walker, a user earns 4 GST.
  2. Joggers: As the name implies, joggers are used for jogging. Users must keep a speed of 4 to 10 kilometers per hour with joggers. For each energy spent, users can earn up to 5 GST. Therefore, buying a jogger is appropriate if you feel you can do better than walking but can’t keep up the required speed for running.
  3. Runners: Users opting for runners must maintain a running speed of 8 to 20 kilometers per hour. For every energy expended, users will earn a 6 GST reward.
  4. Trainers: Trainers allow for a wider range of activity speeds. Users must maintain a 1 to 20 kilometers per hour speed. Earnings also range from 4 to 6 GST for each energy used up.

When buying any of these NFT sneakers, you must ensure that your activity speed does not exceed or fall short of the required speed range assigned to the sneaker. When this happens, users may earn little to no reward as a penalty for defying the limit.

The GPS tracks steps when a user starts their physical activities while the app monitors natural body movements. Therefore, this reduces cheating and ensures that users’ outdoor activity data is correctly recorded.

How long a user can perform activities and earn tokens depends on their sneaker energy. Once the energy of a sneaker has been expended, the user stops earning rewards for any activity they do. Therefore, the more sneakers you have, the more energy you have, and the more GST you earn.

Sneakers also vary in their attributes and rarity level. The attributes of sneakers include:

  • Efficiency
  • Resilience
  • Luck
  • Comfortability

Rarity levels for each sneaker include:

  • Common
  • Uncommon
  • Rare
  • Epic
  • Legendary

The attributes and rarity level of a Sneaker also directly influence the energy and potential reward they can accrue.

Stepn In-game Economy: Green Metaverse Token (GMT)

Stepn features a well-established in-game economy powered by a dual token system that comprises the Green Satoshi Token (GST) and a governance token – Green Metaverse Token (GMT).

GMT is the most important in-game token of Stepn. It is the main governance token that serves decision-making and utility functions.

The GMT token allows Stepn users and token holders to make crucial policy-making activities or vote on important issues within Stepn. Players can also unlock access to exclusive content within the Stepn ecosystem.

Earning passively within Stepn is also possible with the GMT token. Users can stake their GMT to earn yield rewards and also vote on the distribution of staking revenue.

Steps to Stake GMT on Binance

Stepn and its ecosystem feature many ways users can benefit and earn monetary rewards. Staking GMT is an easy and non-stressful way for GMT holders to earn passively by dedicating their tokens.

Staking GMT is beneficial since holders do not need to participate in physical activities to earn through this procedure. Meanwhile, staking GMT is simple, especially with Centralized Exchanges like Binance or Bitrue.

You can stake your GMT tokens and earn up to 10% APY yield on Binance. Alternatively, you can lock GMT tokens with an equal amount of USDC to earn up to a 13% APR yield on Raydium DEX.

Here’s how to stake GMT on Centralized Exchanges like Binance:

  1. Log in to your Binance account
  2. Fund account with enough GMT tokens
  3. Explore available staking programs on Binance Earn
  4. Subscribe to the GMT staking program

1. Log in to your Binance account

Login to Binance

Navigate to Binance exchange at on your web browser. Binance is also available for mobile app stores on Android or iOS phones.

Click on LOG IN from the top right corner of the homepage.

Input your email and password. Then, verify login with the six-digit verification code sent to your email.

2. Fund account with enough GMT tokens

Once you’re in, you must fund your Binance account with GMT tokens.

GMT tokens are listed on Binance. You can simply fund your account by buying the token with your credit/debit card or via Bank transfer.

Buy Crypto on Binance

To do this, click on BUY CRYPTO from the left part of the upper navigation bar.

Select the preferred payment method to continue.

On the BUY page, select GMT as the token you want to buy and input the amount you’d like to buy.

Click on BUY GMT and continue by providing your payment details.

Complete 2FA verifications to complete the transaction.

However, if you already have GMT in a crypto wallet, you can easily transfer them to your Binance account.

All you have to do is copy your GMT deposit address on Binance and use it to withdraw the token from your crypto wallet.

3. Explore available staking programs on Binance Earn

After funding your Binance account with GMT, it’s time to lock them up in a staking program on Binance Earn.

Binance Earn

From the top menu, click on EARN > BINANCE EARN.

Binance Earn is a DeFi protocol on Binance where you can stake, lend, save and pool supported cryptocurrencies.

There are many staking programs offered on Binance Earn. However, you can easily find a preferred one using the search bar.

GMT is available for flexible staking and liquidity farming in Binance Earn.

With the GMT flexible staking, you can earn as much as 10.5% yield per annum. Meanwhile, it allows you to stake and remove your assets freely.

With GMT/ETH liquidity farming, you must stake an equal value of GMT and ETH in a pool to earn up to 5.8% APR. You can also remove your stake anytime.

Binance Earn GMT Tokens

Look for GMT staking opportunities in the search bar.

4. Subscribe to the GMT staking program

GMT staking on Binance

From the results, click on SUBSCRIBE in front of a preferred staking program.

A staking form where you can specify the amount will pop up.

Subscribe GMT staking on Binance

Input the amount of GMT you want to dedicate. Accept to Binance Saving Service Agreement and tap CONFIRM to approve your staking.


Steps to Stake GMT on DEX Raydium

Raydium is a Solana-based Automated Market Maker and liquidity provider built for Serum DEX. As an Automated Market Maker, Raydium allows for the decentralized exchange of crypto assets in a free and permissionless way.

Raydium relies on drawing and balancing liquidity for seamless asset trading from pools. This liquidity is provided by liquidity providers who lock their assets in pools for yield reward. With this, Raydium is suitable for fast and low-fee liquid asset trading.

To stake GMT tokens on Raydium, you need to lock equal amounts of USDC in the DEX’s liquidity pool.

Here’s how to stake GMT on Raydium:

  1. Connect your wallet to Raydium DEX
  2. Swap some GMT for USDC
  3. Explore available GMT/USDC pools
  4. Stake tokens to Raydium

1. Connect your wallet to Raydium

Raydium Dex

To start staking GMT, go to On the homepage, tap the LAUNCH APP to go to Raydium DEX.

In the DEX, click on the wallet icon in the top right corner to link your Solana wallet.

Choose the appropriate wallet and confirm the connection in the prompt.

2. Swap some GMT for USDC

Swap GMT for USDC on Raydium

As mentioned earlier, you need an equal value of USDC and GMT for the pool available.

Therefore, you need to swap some GMT for USDC.

In the swap, choose GMT as the token in the first field labeled ‘FROM.’

In the second field labeled ‘TO,’ choose USDC.

Input half of your GMT as the amount you’d like to swap. You can also click on HALF to automatically input half the value of GMT as the amount.

Click on SWAP to finalize the transaction. Approve the token approval prompt that appears in your wallet to complete the transaction.

3. Explore available GMT/USDC pools

After funding your wallet with USDC and GMT, it’s time to stake the pair.

Staking Pools Raydium

From the side menu, click on POOLS to explore the available GMT pool. This is similar to staking programs in Binance Earn.

Look for available staking pools for GMT via the search bar.

GMT USDC Staking Pool Raydium

Once GMT-USDC appears, click on the pool and tapADD LIQUIDITY to add your staking to the pool.

4. Stake tokens to Raydium

Stake GMT tokens on Raydium

Adding both tokens to a pool works as simply as swapping.

Input the amount of GMT you want to stake. The equal value of USDC will automatically appear.

Tap SUPPLY to dedicate the tokens and confirm the transaction in your wallet.

Once the transaction has been completed, you will see your staked tokens in your liquidity and pool dashboard.



Stepn is a unique project that greatly promotes a healthy lifestyle by incentivizing physical activities. The app is used by millions of users globally and has thousands of daily active users.

Due to the rise in adoption of the app and its move-to-earn concept, it is easy to speculate the massive success of Stepn and its ecosystem economy, which includes GMT and GST. If you’re willing to contribute to Stepn’s economy with a low-risk investment, staking GMT is recommended.

Related articles:

How to Level Up STEPN NFT Sneakers?

How to Convert GST to GMT in STEPN App? (Step By Step)