Gradual Reduction Mechanism
In the Smartsteps ecosystem, we have designed a rewarding mechanism for our users, differentiating between members and non-members. When the Smartsteps app is activated and utilized within its designated energy time, members are entitled to receive 1 BOLTYX for each step they take. Conversely, non-members will receive a reduced reward of 0.001 BOLTYX per step under similar circumstances.
To ensure a balanced and sustainable distribution of BOLTYX tokens, we have implemented a gradual reduction mechanism. Starting from the official full-scale launch of the app on iOS and the Play Store, the output of BOLTYX tokens for each step will decrease by 5% on a monthly basis. This reduction aims to maintain the value and scarcity of BOLTYX tokens over time, providing a fair and equitable experience for all participants in the Smartsteps ecosystem.
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