STEPN Launches Genesis Sneaker Buyback and Burn Program
STEPN Launches Genesis Sneaker Buyback and Burn Program
🔥 Genesis Sneakers Disappearing
STEPN announces major Genesis Sneaker buyback program starting December 2025
The move-to-earn platform will purchase Genesis Sneakers from both STEPN and STEPN GO collections, with every acquired sneaker being permanently burned.
Key Details:
- Program begins this December
- Targets Genesis Sneakers specifically
- All purchased sneakers will be destroyed
- Regular updates promised
- More details coming in next Townhall
Strategic Impact: This initiative demonstrates STEPN's commitment to supporting Genesis holders and reducing supply. The permanent burning mechanism could potentially increase scarcity and value for remaining Genesis sneakers.
The company frames this as a long-term ecosystem investment, building on previous tokenomics improvements including their $50,000 weekly buyback program launched earlier.
Stay tuned for upcoming Townhall details and program specifics.
🔥 GENESIS BUYBACK AND BURN 🔥 Dear community, We’re thrilled to share the beginning of something *big* for the long term… and it all starts this December: 🔥 We’ll be buying back STEPN and STEPN GO Genesis Sneakers, and every single Sneaker we buy will be BURNED! This
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