STEPN minting guide

Shoe minting is taking two pairs of STEPN shoes and “breeding” them to produce a brand-new Shoebox. Many individuals attempt to optimize their STEPN minting method because of the numerous factors influencing the process. The minimum number of Level 5 shoes needed for STEPN shoe minting is two, and they must be completely fixed before minting. You must also have 2 Minting Scrolls of the same calibre as the Vintage Sneakers and the GST/GMT paid during the mint.

Today (June 8th) has seen a lot of change, which has had a significant impact on minting costs. In the previous few days, the cost to mint a new sneaker was just 200 GST, but as of right now, the new baseline price is 360 GST + 40 GMT. The cooldown period has been increased to 72 hours, which means you must wait 72 hours before minting with a shoe again, which is also crucial. These modifications will undoubtedly result in higher sneaker prices (once again). In this script, we’ll look at STEPN shoe minting.

The Guide

There are only five simple steps to minting shoes, which are as follows:

1. Decide on a pair of shoes with a minimum Level 5 rating.
2. Click the “Mint” button at the bottom of the screen.
3. Tap the silhouette of a different shoe to choose it.
4. Check the mint price and select “Mint.”
5. Get your new shoe box.

After a mint, most people only get one shoebox. However, if your sneakers have a greater mint value, you have a better chance of getting two.

One of the most intricate blockchain-based games we’ve seen is unquestionably STEPN. Although most players have a strong desire to maximize their strategy, it can occasionally be challenging to distinguish between important factors. Because of this, we believe this STEPN minting guide will enable you to develop your STEPN minting approach and comprehend all the associated costs.

What is STEPN shoe minting?

When users take two Sneakers, they already own as a template to “breed,” creating a Shoebox. As a result, this is known as a Shoe-Minting Event (SME). The 2 Sneakers shall be referred to as Vintages for reference (Parents). To start an SME, both Vintages must be in the user’s possession (not on the lease) and have full durability.

The user can then choose a Sneaker by going to the Mint page, selecting the Sneaker they want to “breed” with, and then tapping mint. The user will receive a Shoebox immediately, which can be opened immediately. Users are limited to doing seven SMEs per Sneaker. A Sneaker will cost more in GST/GMT the more SMEsSMEs it contains. For the final minting, the Shoe-Minting costs for each Vintage are computed separately and summed together.

Co-founders Jerry Huang and Yawn Rong, as well as CSO Jessica Duan and lead designer Ryan Turner, are in charge of STEPN, which was introduced in August 2021 by SatoshiLabs, a blockchain development company based in Prague. William Robinson, a key contributor at DeFi Alliance, and Jason Kam are among the team’s advisors (the founder of Folius Ventures). Some of the biggest venture capital firms in the world, such as Sequoia, Solana Ventures, and Alameda Research, are also supporting STEPN.

STEPN uses the Solana blockchain’s strength to provide its NFTs with lightning-fast transactions and minimal fees. To receive rewards in the form of GST, one of STEPN’s two native currencies, players can equip themselves with NFT-based sneakers for outdoor jogging, running, or simply strolling.

What do I need to mint a STEPN sneaker?

At least two Level 5 sneakers not being used elsewhere are needed for STEPN shoe minting, and they must be completely fixed before minting. You must also have 2 Minting Scrolls of the same quality as the Vintage Sneakers, and the GST/GMT used at the mint. While it used to be extremely simple to mint new sneakers, the game has gradually introduced more requirements. This is essential to prevent the market for sneakers from experiencing severe inflation.

There are currently four essential conditions for STEPN shoe minting:

1. You must have two pairs of footwear that are Level 5 or better.
2. Both Vintage shoes must be fully durable and cannot be rented to another person.
3. It would be best if you had enough GST and GMT to cover the mint.
4. You need to have two STEPN Minting Scrolls that are of an equal calibre to the Vintage Shoes.

You can get minting scrolls from mystery boxes, but don’t count on them to appear in any common or uncommon mystery boxes. You can buy Minting Scrolls on the STEPN market if you do not want to wait till you discover them while playing normally.

Remember that STEPN minting scrolls are ‘consumable’ objects that are ‘burnt’ after use. As you can see, the procedure has grown somewhat more complicated over time, so we have provided you with this STEPN minting instruction. By the way, if you find a friend who owns a STEPN sneaker, you can still mint one, even if you just have one shoe. Then, all you have to do to create a new pair of shoes is figure out how to transfer sneakers to STEPN.

How much does STEPN shoe minting cost?

The cost of minting shoes depends on several dynamic parameters, including sneaker quality and the market rate for GST in US dollars. 360 GST + 40 GMT is the current base price for minting 2 Uncommon Vintages.

They must have noted that while the price of GMT increased somewhat, the price of GST increased significantly. They chose to adjust the cost of minting new footwear, such that instead of the previous price of 120 GST and 80 GMT, the new price is now 120 GMT and 80 GST to increase demand for the GMT token.

The price of GST and GMT tokens, as well as the number of mints that have already been completed, are just a few of the variables that affect how much STEPN shoe minting costs.

Due to the possibility of various mint numbers for each Vintage, the minting charges are also determined separately for each pair of sneakers. To balance the supply and demand of its GST and GMT tokens, STEPN retains the right to occasionally adjust the cost of shoe minting.

On June 8th, 2022, STEPN unveiled a new pricing structure that adapts to changing GST token prices. These are the new costs associated with minting sneakers using STEPN. With this latest shift, the cost per shoe decreased a little bit in dollars, but GMT may be set to become significantly more expensive while the cost of GST will decrease. If that is the case, we will ultimately pay around the same for manufacturing a new pair of sneakers, including this updated model.

Prices for brand-new sneakers will begin in May 2022. Who knows? It is allegedly a complete version of the minting prices. The current minting prices are divided equally between GST and GMT, although the overall price (in the number of tokens remains the same). If the final cost is $300

STEPN shoe minting probabilities

As you may have noticed, although your success in STEPN depends on your willingness to advance, it also depends heavily on luck. You’re not always certain to get the result you were hoping for because the game has a lot of random elements.

A sound STEPN minting technique is crucial because this is also true for shoe minting. You can avoid putting too much time and effort into things that are unlikely to succeed. The whitepaper from STEPN provides a thorough review of all the chances involved in shoe minting.

Regardless of the Vintage Attributes, Sneaker Attributes are randomized based on the quality of the Sneaker. Five characteristics of the Minting Scroll match those of the Sneaker. Although it can be obtained from Mystery Boxes, Minting Scroll is not a guaranteed drop. Two Minting Scrolls, two Vintage Sneakers, GST, and GMT are needed for minting. The quality of the Minting Scrolls must match that of the Vintage Sneakers. After use, minting scrolls are permanently destroyed by fire.

Shoebox quality from minting

The standard of the vintage sneakers worn dictates the shoebox quality. When consumers utilize two Sneakers, they already own as a template to “breed,” creating a Shoebox. As a result, this is known as a Shoe-Minting Event (SME). The 2 Sneakers shall be referred to as Vintages for reference (Parents). To start an SME, both Vintages must be in the user’s possession (not on the lease) and have full durability.

Sneaker quality from shoeboxes

The standard of the Shoebox that was received determines the quality of the sneakers. Even after acquiring numerous shoe racks and under-bed storage bins, you might need to consider additional storage alternatives if your shoe collection is still out of control. Shoeshine boxes can help with that. In addition to keeping shoes from gathering dust, they are a lot more durable option than typical cardboard boxes and may be used to display valuable pairs.

They are available in various sizes and forms to accommodate any fashion, including high heels, sneakers, and more. We’ve compiled the top shoeboxes to buy in each category to help you save time browsing all the possibilities. Discover them all by reading on.

Sneaker type

There are four main varieties of sneakers: joggers, trainers, walkers, and runners. Each is made to meet a specific sort of exercise and fitness level. Users’ GST returns are not constant, and several things could change them:

• Shoe Effectiveness (Low Durability affects Efficiency).
• Users will make less money if the GPS signal is weak or the external environment is unfavorable.
• Randomization.

Sneaker socket type

A sneaker features four distinct Sockets, each distinguished by a color corresponding to a specific Gem type. The Sneaker’s Attributes are increased by the user inserting Gems into the socket. When the Sneaker reaches levels 5, 10, 15, and 20, one socket is unlocked for each level. The Attribute of the inserted Gem will receive an additional boost from a higher-grade socket.

Without unlocking the socket, users will be able to see the socket type but not the quality, which is decided by the quality of the Sneaker. To raise the Rainbow Power, the Rainbow Gems can be immediately inserted into the Rainbow Socket. No quality exists for Rainbow Socket. Further upgrades cannot be made using the Rainbow Gems.

A user who upgrades their gems (which requires three gems of the same type) has a chance of receiving a Rainbow Gem of the same level. For instance, three Level 1 Efficiency Gem upgrades can potentially become Level 1 Rainbow Gems. Once their Sneakers reach a specific level, users can unlock Gem Sockets. By placing the relevant Gems into the unlocked Sockets, users can improve their Sneaker Attributes (i.e. only Efficiency Gems can be placed into Efficiency Sockets). Each of the four varieties of sockets stands for a different attribute.

• Yellow: Effective.
• Blue: Luck.
• Red: Convenience.
• Purple: tenacity.

Users can raise their Gem levels by burning GST and combining three Gems of the same level and kind under the Upgrade tab in the Gems section (i.e. three Level-1 Efficiency Gems to one Level-2 Efficiency Gem).

Conclusion

Given recent developments, STEPN (GMTfuture)’s appears to be quite bright. Due to its deflationary characteristics, GMT will increase in value over time, and partnerships with well-known brands will help to boost the token’s reputation and worth. But remember that cryptocurrencies are very erratic. We strongly advise you to research before investing in any digital assets and only invest money you can afford to lose.

Recent events suggest that STEPN (GMT) is a smart investment. It has so far collaborated with the sportswear company Asics and made suggestions about potential alliances with other companies, including Nike and Adidas. The fact that the platform is capitalizing on two of the hottest trends in the cryptocurrency industry — GameFi and SocialFi — adds to the enthusiasm around STEPN.