Stepn Airdropping Points Worth $30 Million of GMT Tokens

Fitness app Stepn is airdropping bonus points worth a total of $30 million of GMT GMT/USD tokens, the company told The Block. Stepn is distributing 100 million "FSL" points to users. FSL points can be "swapped for GMT [tokens] via the Stepn marketplace" in a 1-for-1 in exchange, the company said in a statement. With GMT tokens currently trading hands at about $0.30, according to CoinMarketCap, Stepn's point distribution is worth about $30 million.

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Read the full story at The Block.