After the ban on mainland China users, STEPN managed to share more details about its upcoming Third Realm in yesterday’s AMA. In essence, the Third Realm will be a separate server that hosts a fork of the game. Meaning to say that users can play the same game, but on a different server instead.
What are the features of the Third Realm and when will STEPN launch its new world? Fret not, here’s the scoop.
What is the Third Realm in STEPN?
As mentioned, the Third Realm is a different server that hosts a fork of the STEPN game. The first realm is on Solana, the blockchain network that first hosts STEPN. While the second realm is on the BSC network. According to the team, the Third Realm will be rolled out soon in the next phase of the game’s development.
With the different realms in STEPN, players can share and bridge in-game energy and $GMT (Green Metaverse Tokens) across different worlds. However, players cannot bridge in-game utility tokens, $GST (Green Satoshi Token) to other realms. Thus, $GST on Solana will always trade at a different price when compared to $GST on the BSC network.
How to earn from different realms?
Since $GST tokens trade at different prices across STEPN realms, players can take opportunities of the price arbitrage. As explained by a Twitter user, @CryptoEdgar_, players will have the flexibility to earn $GST or $GMT, depending on realms that offer the best prices. There are 2 scenarios for this:
- For realms where $GST prices are lower than $GMT’s, you can choose to earn in $GMT instead. However, take note that there’s a possibility that users will sell $GMT to get $GST (for level-ups) and push up $GST prices in the long run.
- For realms where $GST prices are higher than $GMT’s, you can choose to earn in $GST instead. Similarly, users might sell $GST to get $GMT (for certain level-ups) in this realm, thus pushing up $GMT prices along the way.
What’s more, players can also opt to buy NFT sneakers with lower prices in another realm. But these are just ideal cases, assuming players do not cash out their earnings. In reality, if STEPN loses appeal over time, all of its asset prices will go down regardless of which realm it is. If you still want to move and earn in STEPN, just refer to our extensive guide on how to get started in this game.