An on-chain economy on Polygon — and the AI platforms it powers.

01Abstract

StepNet is an on-chain economy on Polygon (chainId 137) and the family of AI products it powers. Its token, STEP, is backed by DAI and priced by its own reserve: price = DAI in the reserve ÷ STEP in circulation, with no oracle. Every new STEP is minted by StepDex, the protocol's bonding-curve exchange, against DAI; the 1,000,000-STEP genesis supply was minted to the exchange at deployment — not to a team wallet.

Around the token run a subscription network of six Boxes with a gas-bounded daily distribution, a loyalty club (StepClub), a 1,000-piece NFT collection with a buy-back desk and a daily yield vault (StepNFTFund), and a revenue conduit (StepSubscription) that splits every subscription on-chain in the same transaction. The core contracts resolve their addresses through StepRegistry, an on-chain DAO active since 15 June 2026. The same economy powers four AI platforms — Irona, Psyvora, Taskora and Sonexa — each paid for on-chain with one wallet sign-in.

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.

02The problem

Every token economy asks its members to trust something in three places: how the price is set, who can create new supply, and who can change the rules. When the answer is an external price feed, a team allocation or an administrator's key, members are trusting people rather than code.

A network also needs a reason to exist beyond its own token. What members receive for their money — on the day they pay — decides whether the system is a product or a promise.

StepNet was designed to answer each of these questions in code that anyone can read on Polygon, and to tie every payment to a product that works from day one.

03Solution overview

• Price — arithmetic, not an oracle: the DAI reserve divided by the STEP supply.
• Supply — every new STEP is minted by StepDex against DAI. No privileged mint, no pause switch, no premine.
• Rules — fees, burns, the Box split and the revenue split are compile-time constants. Address changes go through the DAO.
• Utility — every Box includes months of Irona + Psyvora, and every subscription funds the club and NFT holders in the same transaction.
• Verification — every contract is source-verified on PolygonScan with an exact match, the nine core contracts are verified on Sourcify, and CI proves, whenever the contracts change, that the public repository matches the verified source.

04STEP & StepDex

STEP is an ERC-20 token with 18 decimals and a dynamic supply. New STEP is minted only by StepDex in exchange for DAI, and the price is set by the reserve itself: price = DAI reserve ÷ STEP supply. There is no oracle and no external price feed to manipulate.

Buy, sell and transfer

• Buy (4%) — 100% of the DAI enters the reserve; 96% is minted to the buyer, 2% to StepClub, and 2% is never minted.
• Sell — 100% of the STEP sold is burned; the seller receives about 96% of its DAI value.
• Transfer — non-system transfers burn 2%.

Because these fees are asymmetric constants, every action leaves more DAI behind each STEP: reserve ÷ supply rises on buys, sells and transfers, and the protocol's price floor ratchets upward. Internal exchange buys carry a 95% minimum-output floor taken from a live quote, as protection against sandwich attacks.

The simulation uses the contract’s own pricing rule: every trade settles at the spot ratio — reserve ÷ supply — at the moment it executes, after the 2% transfer levy and the protocol fee. It models the protocol-level ratio, not an entry price, a market quote or a return.

05Boxes & the network

The StepNet core is a subscription network of six Boxes, activated in order and paid in DAI: Starter $25, Basic $75, Standard $100, Premium $300, Elite $500 and VIP $1,000. A Box is a purchase, not a deposit. Each Box adds AI access to Irona and Psyvora at one month per $25 — +1, +3, +4, +12, +20 and +40 months — and the months stack, so the full ladder adds 80 months.

Where a Box payment goes

Every Box payment 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 — so every Box is also a buy that strengthens the reserve — and the remaining 82% stays as DAI in the daily redistribution pool.

The daily distribution

Daily 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. A keeper runs the distribution every day; because the function is permissionless, anyone can trigger it. It advances in gas-bounded, resumable batches. Box 0 is the network's entry point and the unit of DAO voting power.

06StepClub

StepClub is StepNet's loyalty layer. Activating Box 2 or higher enrols a member — 984 members and 5 completed distribution rounds as of October 2026. The club pool is fed by 5% of every Box activation, 10% of every subscription, exchange-routed deposits and donations. Distributions run in bounded, resumable rounds; members who leave before reaching their cap can convert the unused remainder into subscription time.

07NFTs & the marketplace

"Step NFT 2025" is a 1,000-piece collection in nine tiers. As of October 2026, 520 have been minted and the current mint price is 1,600 DAI (Diamond tier).

Ids 1–300 were issued to first-generation holders through the one-way swap; prices shown are each tier's mint-curve price.

Holders share an on-chain reward pool funded by 3% of every Box activation. StepNFTFund receives 20% of all subscription revenue, divided 50/50 into a sale vault and a yield vault that are never netted:

• Buy-back desk — 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.
• Yield vault — a daily yield to every NFT priced at 400 DAI or more (Gold and above).

Secondary transfers carry a 10% DAI levy on the mint price, fed back into the ecosystem. The fund's books are tested to balance to the wei.

08The revenue conduit

StepSubscription holds nothing: every payment leaves in the transaction that brought it, split by a compile-time constant — 10% to StepClub, 20% to the StepNFTFund and 70% to development and operations. The dApp plans — self-serve on-chain plans for the StepNet dApp — cost $6.99 for one month, $17.97 for three, $29.94 for six and $47.88 for twelve, paid in DAI or STEP. Purchases extend from the later of now and the current expiry, so buying early never loses time.

Access is an entitlement: the on-chain receipt credits the paying wallet, and each product checks that entitlement on every request. Box activations include AI access time, credited to the activating wallet.

09AI platforms

StepNet powers a family of AI products. Each one is an independent brand with its own product and codebase, and all of them share one wallet identity, one on-chain payment rail and the same standard: answers you can check, built on peer-reviewed evidence.

• Irona (irona.pro) — an AI bodybuilding coach: programmes built around your equipment and recovery, six-week periodised blocks, adaptive nutrition and meal plans recalibrated weekly, weekly check-ins, progress tracking, form check and contest prep, with every answer cited to peer-reviewed research.
• Psyvora (psyvora.pro) — a mental-wellbeing companion: talk in your own words, see where you stand with the questionnaires clinics use (PHQ-9, GAD-7, PCL-5, PHQ-15), six structured programmes, your own safety plan, crisis resources open to everyone, and a summary to take to a professional.
• Taskora (taskora.pro) — an AI career coach and planner: it reads your calendar read-only and turns yearly goals into a realistic plan for today, with evidence-cited guidance, mastery paths and a weekly review.
• Sonexa (sonexa.pro) — an AI music studio: text to original music, instrumental or sung, finished as a record with six stems, streaming and club masters, a release pack and a signed certificate of authorship; your track stays yours.

Every product shares one wallet sign-in, answers grounded in curated research libraries, safety rules enforced in code, memory the user can review and delete, and health data that stays inside the product it was given to.

10Governance & security

StepRegistry — the address book the core contracts resolve their peers through — has been governed on-chain since 15 June 2026 (block 88,569,715). No address can be re-pointed directly: every change must pass a 7-day, Box-0-weighted DAO vote and then a 7-day veto window, both constants, and asset migrations add a timelock (currently 7 days).

The next milestones are dated. Contract KYC and an independent third-party audit are scheduled for January 2027, followed by a bug bounty. renounceControl(), which retires the bootstrap controller's veto, is the next step toward full decentralisation, also scheduled for January 2027.

Guarantees enforced by code

• No privileged mint, no pause switch, no oracle.
• Fees, burns, the Box split and the revenue split are constants.
• Reentrancy guards on every value path; SafeERC20; pull-payments.
• Gas-bounded, resumable distributions; slippage floors on internal swaps.

Review and verification

An internal security review has been completed with no critical or high-severity findings. Every contract is source-verified with an exact match on PolygonScan, and the nine core contracts are also verified on Sourcify. CI compiles the contracts, runs 76 automated tests (66 deep and 10 top-level) and, whenever the contracts change, proves the repository matches the verified source. Anyone can repeat both checks with node contracts-src/verify-sources.js and node contracts-src/verify-onchain.js from the public repository. Responsible disclosure: stepecosystemteam@gmail.com.

11Contracts

Copy buttons and links to every verified source are on the security page.

12Journey & roadmap

1. December 2025 — first-generation contracts launch on Polygon (STEP deployed 18 December 2025). First-generation STEP can be swapped for current STEP in one click in the dApp.
2. June 2026 — the current generation: the full system re-engineered and redeployed (2 June 2026); DAO governance activated on-chain on 15 June 2026.
3. 2026 — the StepNet dApp live at net.stepnet.pro: wallet, network, exchange, NFTs, club and AI access, in seven interface languages.
4. September 2026 — the NFT marketplace: the StepNFTFund buy-back desk and yield vault, and the StepSubscription revenue conduit (deployed 4 September 2026).
5. 2026 — AI platforms unveiled: Irona, Psyvora, Taskora and Sonexa.
6. Now — StepNet Academy, the education platform, in development.
7. Next — January 2027: contract KYC and an independent third-party audit; renounceControl(), which retires the controller's veto — the next step toward full decentralisation.
8. Next — the STEP Marketing Platform, and the VIP Club platform with its Reward Hub.
9. 2027 — planned: StepRun (move-to-earn), the StepNet Exchange and Gaming.
10. Vision — StepCard and a customer club, tokenized real-world-asset products, accredited courses with NFT certificates, a dedicated StepNet L1, and a full STEP-money economy with partner merchants.

Move-to-earn arrives with StepRun, planned for 2027. The roadmap tracks every milestone and its status.

13Risks & disclaimer

This whitepaper is for information only; it is not financial, legal or investment advice. Crypto assets carry significant risk, including loss of principal.

• Price. 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.
• Smart contracts. Code can contain undiscovered defects. The internal review is complete, the independent third-party audit and contract KYC are scheduled for January 2027, and a bug bounty follows the audit.
• Plans. Items marked Next, 2027 or Vision are plans and may change as the project evolves.

Official channels are 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 on stepnet.pro, treat any account claiming to be StepNet as unofficial. Contact: stepecosystemteam@gmail.com.