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STEPN distributes 100 million FSL Points to users. The airdrop aims to reward loyal community members and fuel engagement within the STEPN ecosystem. STEPN is also expected to announce a partnership with a leading global sports brand soon. According to a post on X, Move-to-earn lifestyle app, STEPN, has completed an extensive airdrop campaign, allocating 100 million FSL Points to its user base, valued at $30 million. The initiative, unveiled ahead of an impending partnership with a renowned sports brand, marks a pivotal moment for the Solana-based move-to-earn platform. FSL points redeemable at 1:1 ratio for GMT tokens The recently completed airdrop is the second airdrop marking the end of our STEPN Trailblazer event, which is the third one since 2022. The airdrop  aimed at incentivizing user engagement and fostering loyalty within the STEPN community. Users will have the opportunity to claim FSL Points, redeemable at a 1:1 ratio for STEPN’s ...

Polygon (MATIC) traded near $0.78 on Monday as the Ethereum scaling solution moved closer to its Etrog upgrade. MATIC could breakout to above $1 if bulls hold key level, or likely retest the important support zone at $0.5. Polygon (MATIC) price was trading near $0.78 on Monday as the Ethereum scaling solution moved closer to its Etrog mainnet upgrade . The altcoin, which rose to above $0.79 amid a 20% spike in trading volume, was among the few cryptocurrencies in the top 20 by market cap to hover flat as Bitcoin retreated below $43k to mirror US stock declines. MATIC outlook as Polygon eyes Etrog upgrade Last month, Polygon Foundation announced a 10-day countdown to the activation of the Etrog upgrade on mainnet.  As noted in a blog post, the upgrade is for Polygon zkEVM and is set to bring support for pre-compiled smart contracts. The release is expected to transform the zkEVM closer to a Type 2 ZK-EVM, – that is, an EVM-equivalent ZK rollup. ...