Solana-based STEPN reports $122.5M in Q2 profits, after earning $26M in Q1; 5% of the profits will go toward a buyback and burn program of its native GMT token (Shaurya Malwa/CoinDesk)

Shaurya Malwa / CoinDesk:
Solana-based STEPN reports $122.5M in Q2 profits, after earning $26M in Q1; 5% of the profits will go toward a buyback and burn program of its native GMT token  —  The team will use 5% of the profits to initiate a buyback and burn program of its native GMT tokens.