The team will use

Solana-based move-to-earn platform STEPN said it plans to use a portion of its Q2 profits to “buyback and burn” its governance token GMT.

The team will use 5% of the profits to initiate a buyback and burn program of its native GMT tokens.

Stepn to burn GMT using a portion of its $122 million Q2 earnings

Solana

Solana-based STEPH has generated $122.5 million in profits in Q2 2025. The move-to-earn gaming app rewards users with cryptocurrency.

Solana’s move-to-earn game Stepn earned $122.5 million in platform fees during Q2. Five percent of those earnings will go towards buying back and burning its in-game

Solana-based STEPN reports $122.5 million in Q2 profits

Solana-based STEPN Records Q2 Profits of $122.5M - BTCC

Solana-Based Move-to-Earn App STEPN Generated Over $122M in

Solana-Based STEPN Reports $122.5M in Q2 Profits - Yahoo Finance

STEPN

Solana-Based STEPN Reports $122.5M in Q2 Profits

STEPN, a Solana-based game platform, reported $122.5 million in Q2 profits even as crypto bear market conditions have declined in the past few months, the team said in

Pump Incoming? STEPN to Burn GMT Tokens After Generating

STEPN

STEPN, a Solana-based game platform, reported $122.5 million in second-quarter profits even as crypto market conditions have declined in the past few months, the team said in a Medium

Solana-based move-to-earn application amassed $122.5 million in profits through its platform fees in Q2 2025. According to the official announcement, STEPN plans to

Solana-Based Gaming App STEPN Announces $122.5 Million In