STEP DATA INSIGHTS #013 Step Fee Wallet's Insatiable Hunger for STEP Using revenue from Step's products and brands under Step, the fee wallet typically buys on average 2.3% of the total STEP supply each month through token buybacks. In 2024, 100M tokens previously purchased through buybacks were burned during our 'Step Summer of Burns'. The rest were distributed to xSTEP stakers as non-inflationary yield. As part of Step's fee model, 100% of revenue generated from SolanaFloor, Step Validator, Step Portfolio API sales, SolanaCrossroads, and soon, Remora Markets is used for STEP token buybacks. Recently, the fee wallet has maintained a larger surplus of STEP than necessary to maintain a steady yield for xSTEP holders, so the excess has been burned to reduce total supply permanently. Currently, since the last token burn, another 20M STEP worth of repurchased tokens have accumulated in the fee wallet. So... Wen burn?

🚨New: @StepFinance_ CEO, @George_harrap, introduces Step Group at Crossroads 2025, a new umbrella for five major arms: Step Finance’s portfolio dashboard & API, Solanafloor (Solana's largest media company), @SolanaCrossroad (largest community events), @SolanaAllstars (global regional events), and @RemoraMarkets (onchain stock trading).

We'll be hosting a Spaces on everything Step Group in about 4 hours! 🎙️ Join @George_harrap + @ceagleoneism for an update on all Step Group brands (@SolanaFloor @RemoraMarkets @SolanaAllstars) on this Pre-@SolanaCrossroad community spaces! 🔔RSVP here: https://t.co/7pRU3mrNN8

Looks like @StepGuy_ is dreaming about the @RemoraMarkets launch againWhen stocks are @solana coins, which ones will be in your wallet? https://t.co/usVmhWIHtL

What a year 2025 will be with the upcoming launch of @RemoraMarkets! Tokenized securities are finally coming to @solana 🔥