Step Finance
  • Step Finance Overview
  • DeFi and Solana Overview
    • Step 1: Get a Solana Wallet
    • Step 2: Connect + Fund Wallet With SOL
  • Using Step Finance
    • Dashboard
    • Swaps
    • Tools
    • Where to Buy and Sell STEP token
    • Staking STEP
    • Troubleshooting
    • FAQ
  • The STEP Token
    • STEP Tokenomics v3.1
    • STEP Distribution
    • STEP Emission Schedule
    • STEP Circulating Supply
    • STEP Reward Options
  • Integrations
    • Listing your coin on Step
  • Partnerships
    • Media Kit & Branding
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  1. Using Step Finance

FAQ

Frequently Asked Questions

PreviousTroubleshootingNextSTEP Tokenomics v3.1

Last updated 1 year ago

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When in doubt, hard refresh.

Where can I stake STEP, and what are the rewards?

Please follow the guide

Where can I farm STEP?

You can farm STEP on Step (staking) and Orca Whirlpools.

What is STEP's circulating supply?

Coinmarketcap is often wrong. is usually up to date on circulating supply.

Where can I see STEP's tokenomics?

What is STEP's utility?

Where can I buy STEP? You can buy from

More info

I can't see my pools!

Hard refresh, if that doesn't work they may not be supported yet. If you are farming and you can't see it in STEP's dashboard after that let us know the protocol so we can integrate them (if we're not in the process already).

STEP's dashboard isn't loading!

Hard refresh again! If that doesn't work, try changing your IP address (like turning on a VPN). If the issue continues to persist, come to the support channel for assistance.

Is STEP multichain?

At the moment STEP's platform and token are only on Solana.

Can I use a Hardware Wallet?

Yes! You can use a Ledger with wallet providers like Phantom and a Keystone wallet with Solflare.

Where can I settle/cancel my trades?

Is there a fee to settle?

There is a 20% referral of the settling fee from Serum DEX on STEP.

What are the swap fees?

The fees for swapping on STEP on 0.3%, with 0.2% of those fees going to LPs and the other 0.1% going to stakers. Swapping through multiple pools when a trade has to be routed has a maximum fee of 0.52% with 0.4% going to LPs (0.2% for each pool) and 0.12% going to STEP stakers.

Is there a fee to compound?

There is a 0.2% fee on the claim amount.

Where do fees go?

Why aren't my NFTs/tokens showing any value?

STEP uses the SPL token list (https://github.com/solana-labs/token-list) when available to pull available Coingecko feeds, or Serum markets. If they can't be found there, they can't be added (yet).

Compounding on STEP:

  1. On your yield farming position, press "compound" and it will bring you to this screen. Then, click claim rewards.

  2. After claiming, it will bring you to a re-balance your claimed assets (selling half into the other side of the LP) so that you can add to your liquidity balance.

  3. Once re-balanced, you will then be prompted to add your new balances to the liquidity pool.

  4. From there, you stake your LP tokens to finish the compounding process!

You can settle your trades from Serum on STEP's dashboard. You will find it under DEX looking like this.

All fees earned by Step go to:

t

here
Coingecko
https://docs.step.finance/the-step-token/step-tokenomics.
https://docs.step.finance/the-step-token/step-tokenomics.
here
https://app.step.finance/en/dashboard?watching=5Cebzty8iwgAUx9jyfZVAT2iMvXBECLwEVgT6T8KYmvS