STEPN Green Satoshi Token on Solana
GST-SOL
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Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
GST-SOL (STEPN Green Satoshi Token on Solana) serves as the uncapped in-game utility and reward token for the STEPN move-to-earn mobile app. Across all operational vectors, the asset exhibits critical structural decline. Development activity has effectively stalled, with no public commits, releases, or governance proposals observed. The tokenomics model suffers from continuous play-to-earn inflationary minting and an infinite supply, which overwhelmed in-game burn sinks and led to a catastrophic >99.9% price collapse from its $8.51 ATH to persistent new all-time lows. Security assurances are minimal, with no published formal smart contract audits, no bug bounty program, and no insurance coverage. While the founding team at Find Satoshi Lab is fully public and backed by tier-1 institutional investors with no direct contract exploits or regulatory actions identified, GST-SOL lacks governance rights and utility outside its deeply depleted closed-loop game economy.
Development Activity
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Community Support
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Tokenomics
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Market & Use Case
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Team & Governance
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Security & Audits
Security history and audit status
About STEPN Green Satoshi Token on Solana (GST-SOL)
Green Satoshi Token on Solana (GST-SOL) is the in-game utility and reward token for STEPN, a move-to-earn mobile application developed by Find Satoshi Lab (FSL), founded by Jerry Huang and Yawn Rong. Issued as an SPL token on the Solana blockchain, GST-SOL is minted as a play-to-earn reward for users engaging in physical activity, such as walking, jogging, or running. Unlike STEPN's governance token (GMT), GST-SOL confers no governance rights and is strictly designed for closed-loop utility within the application.
The token features an uncapped, infinite total supply with minting parameters controlled unilaterally by Find Satoshi Lab. In-game deflationary burn sinks were integrated into the app mechanics—including sneaker repairs, attribute leveling, and new sneaker minting—intended to absorb continuously minted rewards.
GST-SOL has suffered severe and sustained economic devaluation, characterized by a price collapse of roughly 99.99% from its April 2022 all-time high of $8.51 down to all-time lows below $0.001. The continuous inflationary emissions outpaced the app's burn mechanisms, resulting in a depleted in-game economy, diminished trading volume, and documented exchange delistings. Furthermore, security reviews indicate that the token lacks a formal third-party smart contract audit, has no active bug bounty program, and exhibits an absence of recent public development activity.