STEPN October Townhall Announcement

STEPN has launched a collaborative April Fools event with Rabbids, running from March 30 to April 10. The campaign centers on a prank war theme where users can earn rewards by participating. **How to participate:** - Create and post an April Fools prank on X with #STEPNxRabbids - Submit via [form](https://forms.gle/QLHmRgusrN3m5Mdn8) before April 10 - Each valid prank earns 10 Rabbids GGBoxes **Rewards:** - 100 Rabbids co-branded Solana Genesis Sneakers available - 1,000 USDT coupons - Additional boxes for Genesis Sneaker holders and active users - Opening cost: 1 USD per box **Timeline:** - March 30-April 10: Earn GGBoxes through pranks and activity - From April 10: Receive and open boxes - Event continues until all 100 Genesis Sneakers are claimed This builds on STEPN's previous Rabbids collaboration from November 2025, which featured animated Genesis Trainers.

STEPN has begun its Genesis Buyback & Burn initiative, purchasing 28 Genesis Sneakers from the marketplace since early 2026. **Key Details:** - The program targets both STEPN and STEPN GO Genesis Sneakers - All purchased sneakers will be permanently burned (removed from circulation) - Regular progress updates will be shared with the community - Full program details available in the [official whitepaper](https://whitepaper.stepn.com/other-modules/governance-and-ecosystem-fund) The buyback initiative, announced in December 2025, represents the team's commitment to supporting Genesis NFT holders and the broader ecosystem. The program aims to reduce supply while demonstrating long-term dedication to the project's sustainability.

STEPN has launched **Legendary Enhancement**, allowing Genesis holders to upgrade Epic Sneakers to Legendary status for the first time. **How it works:** - Combine 4 Epic Sneakers + 1 Epic Genesis Sneaker - Receive 1 Legendary Genesis Sneaker - Genesis status is preserved in the upgrade This marks the first phase of expanding Legendary access, following previous airdrops and auctions. The rollout is being controlled carefully, starting with Genesis holders before broader availability. Full mechanics and requirements are available in the [STEPN Whitepaper](https://whitepaper.stepn.com/). **Also live:** Marathon Season 2 Pass is available for 20 USDC, offering STEPN OG Premium Membership, a locked Common Sneaker, and extra rewards throughout the season.

STEPN has completed the airdrop for its #STEPNathon event, marking the official end of Marathon Challenge Season 1. **What was distributed:** - Event badges and backgrounds - Exclusive Genesis Sneakers to raffle winners - All rewards from the 12-week challenge The STEPNathon was the final challenge of Season 1, requiring participants to complete either 21 km or 42 km in a single session between Jan 19-25. Finishers earned badges, backgrounds, and entries into exclusive Genesis Sneaker raffles. **Looking ahead:** STEPN is now collecting community feedback to shape the next Marathon Challenge Season. The team is asking participants to share their thoughts, ideas, and suggestions for improvements. The Marathon Challenge will continue generating APY until Season 2 officially launches, with a new Season Pass becoming available at that time.

The **STEPN GO x Syntilay Genesis auction** has officially ended on MOOAR marketplace. **Key Details:** - 25 Genesis NFTs were auctioned - Winners receive both digital NFTs and **physical custom slides** - Email notifications being sent to claim physical items **What Winners Get:** - Digital Genesis NFT from the collection - Physical STEPN GO x Syntilay slides delivered directly - Coupon codes sent to registered email addresses The auction combined Web3 collectibles with real-world utility, offering winners tangible products alongside their digital assets. All Genesis holders will receive instructions via email to claim their physical slides. **Next Steps:** Winners should check their email for claiming instructions and store codes.