WingStep Token (WST) serves as the utility token within the WingStep ecosystem, functioning as an in-game currency and an alternative to experience points. WST is essential for activities such as repairing, upgrading, and creating NFT Sneakers, as well as unlocking gem sockets and purchasing CD Tickets. Players can earn WST by engaging in various game modes, including SocialFi and DeFi Zone, with tokens being generated through walking, running, and moving activities. Additionally, investors have the opportunity to earn WST through staking in the DeFi Zone. Furthermore, users can donate WST tokens to creators on WingStep SocialFi to support them in creating content for their followers. The total supply of WST tokens is 500,000,000, with allocations of 15% to IDO, 15% to the team, 5% to partners, 49% to the platform's ecosystem and Move to Earn activities, 11% to DeFi and LP, and 5% for marketing. Once used, the WST token is automatically burned to decrease the overall supply. Instances where burning occurs include shoe-minting, shoe repairs, NFT-Sneaker leveling up, gem addition and upgrades, and unlocking new sockets.
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