At the time of our Token Generation Event (September 2022) 1 sweatcoin equalled 1 $SWEAT. In practice, this meant you could effectively create a $SWEAT with 1,000 steps.
However, now the Token Generation Event has passed, each $SWEAT requires more movement to mint. The rate is dynamic and rises over time by design — the longer the network runs, the more steps each $SWEAT takes (think of it like Bitcoin halving, happening gradually). There is no fixed number: check the live rate in the Sweat Wallet app for the current figure. So get moving — you get a better return on your movement the earlier and the more you walk!