Frequently asked questions

Questions, answered.

Nineteen straight answers about StepNet — the token, the DAO, Boxes and the club, NFTs, the AI platforms and what comes next.

About StepNet

What is StepNet?

StepNet is an on-chain economy on Polygon. It combines STEP — a DAI-backed token priced by its own reserve — with a bonding-curve exchange (StepDex), a subscription network of six Boxes, a loyalty club (StepClub), a 1,000-piece NFT collection with a buy-back desk, and a revenue conduit that splits every subscription on-chain. It is governed by an on-chain DAO and powers four AI platforms: Irona, Psyvora, Taskora and Sonexa.

Is StepNet live?

Yes. The contracts run on Polygon mainnet (chainId 137) and the dApp is live at net.stepnet.pro. As of October 2026, 3,726 members have activated a Box, 984 of them are StepClub members, 520 of the 1,000 NFTs have been minted, and about 259,000 DAI sits in the reserve that backs STEP.

The token

How is the STEP price determined?

By the reserve itself: price = DAI in the reserve ÷ STEP in circulation. There is no oracle and no external price feed to manipulate. New STEP is minted only by StepDex in exchange for DAI, and the 1,000,000-STEP genesis supply was minted to the exchange at deployment — not to a team wallet.

Why does the price floor rise with every transaction?

Because the fees are asymmetric constants in the code. A buy puts 100% of the DAI into the reserve but mints only 98% of its value as new STEP (96% to the buyer, 2% to StepClub); the last 2% is never minted. A sell burns 100% of the STEP sold and returns about 96% of its DAI value. Non-system transfers burn 2%. Every action leaves more DAI behind each STEP, so the reserve-to-supply ratio rises. This describes how the protocol works; it is not a promise of profit.

Can anyone mint STEP or move my funds?

No admin key can. There is no privileged mint, no pause switch and no oracle; every new STEP is minted by StepDex against DAI. Fees, burns and revenue splits are compile-time constants, every value-moving function is reentrancy-guarded, and rewards are paid with pull-payments.

Governance and security

Who governs the contracts?

The DAO. StepRegistry — the address book the core contracts resolve their peers through — has been governed on-chain since 15 June 2026. Since then no address can be re-pointed directly: every change must pass a 7-day, Box-0-weighted DAO vote followed by a 7-day veto window, both fixed in the code. renounceControl(), which retires the controller's veto and is the next step toward full decentralisation, is scheduled for January 2027.

Has StepNet been audited?

An internal security review has been completed with no critical or high-severity findings, every deployed contract is source-verified on PolygonScan with an exact match (the core contracts on Sourcify as well), and 76 automated tests run in CI whenever the contracts change. An independent third-party audit, together with contract KYC, is scheduled for January 2027, followed by a bug bounty.

Can I read the code?

Yes. The complete production source of the nine core contracts, two test suites and the verification tooling are public on GitHub (github.com/stepecosystem/step-eco-system), published for transparency and audit. CI proves the repository matches the source verified on-chain, and a single script reads the live governance state straight from Polygon.

Boxes, rewards and the club

What is a Box?

A Box is a purchase, not a deposit. Six Boxes are activated in order — Starter $25, Basic $75, Standard $100, Premium $300, Elite $500 and VIP $1,000 (paid in DAI). Each Box adds months of AI access to Irona and Psyvora — one month for every $25: +1, +3, +4, +12, +20 and +40 months. Months stack, so the full ladder adds up to 80 months.

Where does a Box payment go?

It is split by constant code in the same transaction: 5% to the subscriber in STEP, 5% to the development treasury, 3% to the NFT reward pool and 5% to the StepClub pool. That 18% is bought as STEP on the bonding curve, strengthening the reserve, and the remaining 82% stays as DAI in the daily redistribution pool for active members.

How do daily rewards work?

A keeper runs the distribution every day, and because the function is permissionless, anyone can trigger it. Rewards are weighted by the weaker side of a member's two-sided team — balanced growth, not one-sided stacking — and 10% of each reward is set aside toward the member's next Box.

What is StepClub?

StepNet's loyalty layer. Activating Box 2 or higher enrols a member (984 members as of October 2026). The club pool is fed by 5% of every Box activation, 10% of every subscription and DEX-routed deposits, and is distributed in bounded rounds. Members who leave before reaching their cap can convert the unused remainder into subscription time.

NFTs

What are the StepNet NFTs?

"Step NFT 2025" is a 1,000-piece collection in nine tiers, from Bronze at 100 DAI to Legendary at 25,600 DAI. As of October 2026, 520 have been minted and the current mint price is 1,600 DAI (Diamond tier). Holders share a reward pool funded by 3% of every Box activation.

How does the NFT buy-back desk work?

20% of all subscription revenue flows to the StepNFTFund, divided between a sale vault and a yield vault. A holder can sell an NFT back to the fund for 50% of its tier price, paid in STEP; orders are paid in strict first-in, first-out order and the NFT is re-listed at the day price. The yield vault pays a daily yield to every NFT priced at 400 DAI or more (Gold tier and above).

AI platforms

Which AI platforms does StepNet power?

Four independent products that share one wallet sign-in: Irona (irona.pro), an AI bodybuilding coach; Psyvora (psyvora.pro), a mental-wellbeing companion; Taskora (taskora.pro), an AI career coach and daily planner; and Sonexa (sonexa.pro), an AI music studio. Every subscription is paid on-chain and split in the same transaction — 10% to StepClub and 20% to the NFT Fund.

Roadmap and community

I hold first-generation STEP. What should I do?

StepNet's first-generation contracts launched on Polygon in December 2025, and the current generation was deployed in June 2026 with an upgraded architecture and on-chain DAO governance. First-generation STEP can be swapped for current STEP in one click in the dApp.

What comes next?

StepNet Academy, the education platform, is being built now. Next come contract KYC and an independent third-party audit (January 2027); renounceControl(), which retires the controller's veto as the next step toward full decentralisation (January 2027); the STEP Marketing Platform; and the VIP Club platform with its Reward Hub. 2027 brings StepRun (move-to-earn), the StepNet Exchange and Gaming.

Where are the official channels?

This site (stepnet.pro), the dApp (net.stepnet.pro) and the GitHub repository (github.com/stepecosystem/step-eco-system). Official X and Telegram accounts are launching soon; until they are announced here, treat any account claiming to be StepNet as unofficial. Contact: stepecosystemteam@gmail.com.

Is this financial advice?

No. This site is for information only. Crypto assets carry significant risk, including loss of principal. The price-floor mechanism describes how the protocol's reserve-to-supply ratio behaves; it is not a promise of profit, token value or future market price.

Still curious? Read the source.

The contracts, both test suites and the verification scripts are public. Or write to stepecosystemteam@gmail.com.