Today we'd be looking at the value accrual of the Step token
Firstly value accrual means , with a respect to a share of Series A Preferred Stock, as at any date the sum of (as adjusted for any split, subdivision, combination, consolidation, recapitalization or similar event with respect to the Series A Preferred Stock) (i) the Stated Value plus (ii) an amount equal to the aggregate of all accrued but unpaid dividends (whether or not declared) on such share through and including such date which have been added to Accrued Value pursuant to Section after achieving the understanding of value accrual lets look at the meaning of token value, means the fraction of USD, Euro, Bitcoin, Bitcoin Cash, Ethereum Classic, Ether, Lite- coin or Ripple to be transferred in exchange for a single MCV; the Token Value equals the Fiat - or Crypto Currency-Equivalent of USD 0.26 in the Pre-Sale Period, and the Fiat- or Crypto Currency- Equivalent of USD 0.39 in the Public Offer Period. With all being said Value accrual to the STEP token is a key focus of all Step projects and products, maintain 90%+ coverage of Solana ecosystem in Step Dashboard and Analytics. Step will never ask for your personal data- emails, passwords etc. No unproductive token emissions (e.g paying for TVL(Total Value Locked)).
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