4.1 Minting and Supply Model: Your Steps, Your Wealth
Last updated
Last updated
Every $SWEAT token is born from your movement. A currency forged not by machines, but by your own human effort. Whether you’re walking to work or jogging in the park, Sweatcoin’s advanced technology verifies your steps, minting $SWEAT directly into your Sweat Wallet. It’s one of the only assets in the world where physical activity creates digital value, making every step a proof of effort.
Unlike Bitcoin or other cryptocurrencies with fixed supply caps, $SWEAT embraces an uncapped emission model. As long as people move and join the Movement Economy, new tokens can be created, reflecting the boundless and global nature of human energy, a resource accessible to anyone, anywhere. While an uncapped supply might seem counterintuitive in a world that often directly equates scarcity with value, $SWEAT’s design turns this model into a strength through a carefully engineered deflationary framework. We ensure scarcity and protect value over time through two primary mechanisms: more effort to mint over time and token burns.
By making $SWEAT progressively harder to earn and actively reducing supply through burns, we create a system where the value of your tokens grows as the ecosystem scales, balancing accessibility with long-term sustainability.
Here’s how it works: at launch in September 2022, it took just 1,000 steps to mint 1 $SWEAT. But earning $SWEAT gets harder over time, where each day the step requirement increases by 12 steps. By April 2025, approximately 943 days since launch, the step requirement has risen to around 7,600 steps for 1 $SWEAT. This linear difficulty increase creates predictable scarcity, ensuring that early adopters and consistent movers are rewarded most.
Meanwhile, token burns (detailed in Section 4.4) actively remove $SWEAT from circulation, further tightening supply as demand grows.
Example: In September 2022, a quick 1,000-step walk earned you 1 $SWEAT. Today, in April 2025 you’d need 7,600 steps, equivalent to a 5-mile run, for the same token. A year from now, that could climb to over 11,000 steps, making each $SWEAT a powerful symbol of your commitment.
This approach mirrors the Movement Economy’s ethos: your effort drives value, and scarcity ensures that value endures. Unlike Bitcoin’s halving, which reduces mining rewards through computational limits, $SWEAT’s deflationary curve is tied to human effort—a more inclusive and sustainable approach that ensures accessibility while protecting long-term value.