50M SWEAT Token Burn Continues Community-Voted Initiative
50M SWEAT Token Burn Continues Community-Voted Initiative
🔥 Another 50M Gone Forever

Following a community decision from August 2024 supported by 162,000 voters, another 50 million SWEAT tokens have been burned on May 1st, 2025. This continues a pattern of strategic burns, with a previous 50M token reduction executed in January 2025.
- Latest burn: 50M SWEAT tokens
- Community-driven decision
- Verification available on NearBlocks
This marks the latest implementation phase of the deflationary mechanism approved by the SWEAT DAO.
🔥 50,000,000 $SWEAT Burned 🔥 Another massive burn, continuing what 162K of you voted for in August 2024. Your movement. Your votes. 🧾 See the burn on-chain: nearblocks.io/txns/DPVaatFv3…
SWEAT Announces Qatar Movement Economy Launch
SWEAT is launching the Movement Economy initiative in Qatar this October, centered around the Lusail International Circuit in partnership with @rungp_global. Key details: - $250,000 prize pool available - Event to be held at prestigious Lusail International Circuit - Partnership with @rungp_global to power the event The launch represents a significant expansion of SWEAT's Move2Earn ecosystem into the Middle East region. Participants will have additional training time to prepare for the event. Follow [@rungp_global](https://twitter.com/rungp_global) for event updates and participation details.
SWEAT Token Evaporation Update: 70M Tokens Burned

The SWEAT community's April 2024 vote to evaporate unclaimed tokens is showing significant results: - 70M $SWEAT tokens evaporated to date - Approximately 250,000 $SWEAT being burned daily - Initiative aims to improve tokenomics by reducing inactive user emissions **Important Notice**: Unclaimed tokens are now subject to evaporation. Users should check their eligibility and claim their tokens through the [Sweat Wallet app](https://wallet.sweateconomy.com/home/claim) to prevent loss. *The evaporation process is ongoing and contributes to maintaining healthy token economics.*
Sweat Wallet Launches One-Tap Rewards Feature
Sweat Wallet has introduced a significant upgrade to its rewards system, allowing users to enter multiple rewards with a single tap. Key updates: - Streamlined reward entry process - Current promotion includes Apple AirPods 4 giveaway - New feature enables users to triple their ticket entries The platform continues to enhance user experience by simplifying access to rewards while maintaining its core move-to-earn functionality. Visit [Sweat Wallet](https://wallet.sweateconomy.com/rewards) to explore available rewards.
The Movement Economy: How $SWEAT is Tokenizing Physical Activity
Sweat Economy is pioneering the Movement Economy, transforming physical activity into a tangible digital asset through $SWEAT tokens. The initiative goes beyond traditional fitness rewards: - **Health Benefits**: Reduces chronic diseases and improves mental well-being - **Financial Impact**: Lowers healthcare costs and increases workplace productivity - **Technology Integration**: Uses blockchain to convert movement into tradeable assets The platform differentiates itself from the $7 trillion Attention Economy by ensuring users own and control the value they create. Real-world applications include: - Pavegen's kinetic energy floors - Green MicroGym's electricity-generating equipment $SWEAT offers global movement rewards and marketplace utility, with upcoming multichain features planned. [Learn more about the Movement Economy](https://medium.com/sweat-economy/power-in-every-step-how-movement-is-fueling-a-new-economy-c23eb33f0610)