$SWEAT FAQs | Sweat Wallet Help Center

What is $SWEAT?

$SWEAT is a new token generated by your movement. You can only mint $SWEAT by validating your steps through the Sweatcoin app. Currently, you can create $SWEAT only with your steps. In time, there will be more activities that create $SWEAT, such as swimming, gym work, cycling etc. $SWEAT is native to the NEAR blockchain and can also be sent on Ethereum and other supported chains (Base, Arbitrum, Binance Smart Chain) directly from Sweat Wallet using the multichain transfer feature. Always make sure you select the correct chain when sending — sending to an address on the wrong chain may result in lost tokens.

Last updated on Mar 24, 2026

How much $SWEAT can I earn a day?

💡 Update : In July 2024, the community voted to change the minting window mechanism. Before 2024, users could earn $SWEAT for every step up to 10,000 per day according to the minting curve. After July 2024, users earn $SWEAT for steps from 3,000-10,000, according to the minting curve. $SWEAT is minted, or earned, from your steps. When you walk, your steps are validated via the Sweatcoin app, and you mint steps according to the plan you are on. Users on the Free Plan earn $SWEAT for every step they take between 3,000 and 10,000 a day. Users will also earn sweatcoins from steps 0-10,000 a day. Users on the Sweatcoin Premium Plan earn $SWEAT for every step from 0 to 20,000 per day — there is no 3,000-step warm-up on Premium. Users will also earn sweatcoins from steps 0-20,000 a day. SWEAT MAX subscribers (Sweat Wallet's premium subscription — separate from Sweatcoin Premium) also convert steps from 0 to 20,000 per day with no warm-up, roughly doubling what the free tier can earn. SWEAT MAX is live and available in all countries. With both subscriptions active (SWEAT MAX + Sweatcoin Premium), steps from 0 up to 30,000 per day convert to $SWEAT. You can also earn $SWEAT by completing short lessons, using the Spin the Wheel feature, and winning rewards. Why can I only earn $SWEAT after 3,000 steps a day? We’re on a mission to make the world more physically active. To that end, we held a community vote in 2024 where more than 70% of voters chose to change the Minting Window (from 0-5K steps a day to 3K-10K steps a day).

Last updated on Jul 16, 2026

How can I transfer my sweatcoins into $SWEAT?

Sweatcoins are in-app currency that can only be used in the Sweatcoin app; therefore, you cannot transfer or trade your sweatcoins for $SWEAT. The only way to mint $SWEAT is to have both Sweatcoin and Sweat Wallet apps downloaded and to walk more than 3,000 steps a day.

Last updated on Mar 24, 2026

What is NEAR?

NEAR is the blockchain that Sweat Wallet was built on. Every transaction on the blockchain requires a gas fee. In Sweat Wallet, $SWEAT is the universal gas token — you pay fees for any action on any supported chain using $SWEAT, so you do not need to hold $NEAR to use the wallet. How does NEAR connect to my Sweat Wallet?** **When a user creates a Sweat Wallet, they automatically get a NEAR address created which can send, receive and store NEAR or any other NEP-141 token (a custom asset created on NEAR). The Sweat Foundation funds the NEAR accounts for users to ensure that there are enough funds to cover gas fees for every time that an onchain action is performed, requiring gas. Do I need a NEAR Wallet to use Sweat Wallet?** **No. You don’t need a NEAR Wallet to use Sweat Wallet. How to login to my NEAR Wallet? All users who create a Sweat Wallet have private-public keypair created with an associated address on NEAR. Users receive their private key in the form of a 12 word mnemonic passphrase. This passphrase can be used to instantiate a user’s account on any NEAR compatible wallet and all balances will be displayed and accessible. Do I need to top up NEAR to use Sweat Wallet? No. Gas fees in Sweat Wallet are paid in $SWEAT — you do not need to hold $NEAR. Initial transactions are gas-free, and you can watch an ad to get a fee discount on subsequent transactions.

Last updated on Mar 24, 2026

TGE (Token Generation Event) – what it was and what happened to the tokens

What was the TGE? The Token Generation Event (TGE) marked the official launch of $SWEAT on September 12th, 2022. At that moment, the Foundation took a snapshot of users' sweatcoin balances and allocated $SWEAT at a 1:1 ratio — one $SWEAT for every sweatcoin held by users who had opted into crypto. Over 5 billion $SWEAT tokens were distributed to more than 13 million users. Sweatcoin balances were not affected. These tokens were locked in a smart contract and set to unlock gradually over 24 months, with the final unlock on September 12th, 2024. What happened to unclaimed TGE tokens? The community voted to burn all unclaimed TGE tokens. Following the vote, approximately 1.5 billion unclaimed $SWEAT were permanently burned and the TGE lockup smart contract was destroyed — making any further claims impossible. Can I still claim my TGE tokens? No. The deadline has passed and the smart contract no longer exists. Unclaimed tokens were burned as per the community's decision. How did the burn affect my balance? If you claimed your TGE allocation in time, your balance is unaffected. If you did not claim before the deadline, those tokens were burned and are no longer recoverable. Why was this done? Burning unclaimed tokens reduces the circulating supply, helping to maintain $SWEAT's value and ensuring that only active, engaged users hold the token. What if I missed the deadline? Multiple notifications were sent ahead of the deadline, and a 30-day grace period was provided. Unfortunately, tokens that were not claimed during that period cannot be recovered.

Last updated on Mar 24, 2026

Why Has My $SWEAT Minting Been Paused?

If you've been notified that your $SWEAT minting has been paused, there are two possible reasons: 1. You haven't opened the Sweat Wallet app for 60 days or more — minting is paused until you log back in. 2. You haven't opened the Sweatcoin app in the last 30 days — the Sweatcoin app validates your steps, so it must be opened at least once every 30 days to keep minting active. What happens to my existing $SWEAT? Don't worry. Your existing $SWEAT will stay safe even after your period of inactivity, and as soon as you log back in, minting will begin once again. When can I begin minting $SWEAT again? Right away! Simply open both the Sweat Wallet app and the Sweatcoin app and minting will resume. To keep minting active going forward, open the Sweat Wallet at least once every 60 days and the Sweatcoin app at least once every 30 days.

Last updated on Mar 24, 2026

How much does $SWEAT cost?

This is not something we decide at Sweat Foundation. An open market means that the Sweat Foundation do not determine the price of the token and it is determined by supply and demand on the market. You can check the price on aggregator sites such as CoinGecko or CoinMarketCap.

Last updated on Mar 24, 2026

What is the Sweat Wallet? A hot wallet? A cold wallet?

The Sweat Wallet is a hot wallet. In general, a hot wallet is a digital safe place where you can receive, send, and store cryptocurrencies or tokens. Different hot wallets have different functionalities, such as exchanging one currency/token for another, withdrawals, staking, liquidity provision and more. For details and definitions of these functions, visit our $SWEAT specific FAQ. A cold wallet, sometimes referred to as “cold storage”. It is a physical object, often resembling a USB memory stick, that holds your cryptocurrency safely offline. Note: hardware-wallet (Ledger / cold storage) support is not yet available in Sweat Wallet. For higher security you can upgrade your Magic Key to a seed phrase in the app (setting it up costs a small gas fee in $SWEAT).

Last updated on Jul 16, 2026

What is TGE (Token Generation Event)?

The Token Generation Event is a one-time event that marked the moment $SWEAT officially launched - 12:00 (UTC) on the 12th of September of 2022. At TGE, the Foundation took a "snapshot" of users´ sweatcoin balances, gave one $SWEAT for one sweatcoin, and deposited it to each users' Sweat wallet. Everyone who was opted into Sweat at 12:00 (UTC) received $SWEAT. No sweatcoins are harmed in the making of TGE ;-)

Last updated on Mar 24, 2026

How many steps do I need to mint one $SWEAT?

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!

Last updated on Jul 16, 2026

Why is $SWEAT not available in my area?

There are two possible reasons. Firstly, the Token Generation Event where $SWEAT was first made available to the public was only available to Sweatcoin app users. The app is currently available in these countries; but stay tuned, because we're rolling out the app globally. Secondly, there were simply some areas which we could not launch in at the time, because of regulations related to crypto. Countries where $SWEAT is currently not available: Albania Belarus Cambodia China Crimea Cuba Iran Mauritius Myanmar Nicaragua North Korea Palestinian Territories Panama Russia Syria Yemen

Last updated on Mar 24, 2026

Will my steps be visible on the blockchain?

As a true crypto asset, $SWEAT is built on a public blockchain. The open economy we are building must also be transparent. This is the nature of blockchains, and it means that some data will be publicly available. We have taken every step possible to limit personal user data on-chain. The following will not be on the blockchain: - Your name, Sweatcoin account number or other personal information - Where the steps were taken - When exactly the steps were taken However, if you opt in to $SWEAT, an aggregated view of your steps data will appear on the blockchain. The following data that will be visible on the blockchain: - Number of verified steps taken - Amount of $SWEAT received - When the steps were converted into $SWEAT - The public key (unique, anonymous crypto reference) of the receiver of $SWEAT This means that it is possible for someone to collect some basic information about your step activity. They would, however, have to know your wallet address (as your name will not appear on the blockchain). It is also worth noting that this public information will not allow any significant breach of personal information or privacy. We will continue working to lower the amount of information disclosed publicly. As with every crypto blockchain technology, please note that all other $SWEAT transactions will be publicly visible on the blockchain.

Last updated on Mar 24, 2026

How does $SWEAT connect to Sweatcoin?

Sweatcoin is a centralized app for people who cannot access, or do not want to access, crypto. The Sweatcoin app validates your steps, which can be converted into sweatcoins (akin to “Air Miles”). You can exchange sweatcoins for goods and services in the Sweatcoin marketplace. Alternatively, you can choose to donate them to a range of charities. Sweat Wallet is a non-custodial crypto wallet application that allows users to manage their Sweat tokens, as well as other assets in the future. $SWEAT is a new, decentralized crypto asset created to unlock the value of your movement.

Last updated on Mar 24, 2026

What can I do with my $SWEAT?

You can do lots with your $SWEAT, including putting it into a Grow Jar to generate earnings and access new rewards. You can also use your $SWEAT to: - Participate in Rewards — win prizes, buy exclusive offers, and access members-only draws - Participate in governance votes (token holders have the privileges associated with running a network, such as voting and rewards) - Sell your $SWEAT on an open market - Exchange it for other crypto assets - Pay gas fees for any action on any supported chain - Apply it to many different use cases ...and much more! In time you'll be able to do even more with your $SWEAT as we continue to add exciting new features to the Sweat Wallet app!

Last updated on Mar 24, 2026

Is $SWEAT secure?

$SWEAT will be held in a Sweat Wallet, which is built on NEAR. NEAR is a high-performance blockchain, which prides itself on security – for more details on this, visit their website. Sweat token's smart contract has been independently audited by two security firms: Quantstamp and Pessimistic.

Last updated on Mar 24, 2026

What is the Open Economy of Movement?

Sweat Economy is a founding entity of the Open Economy of Movement. By tokenizing physical activity, Sweat Economy produces a token, $SWEAT, which can be used to form a broader economic ecosystem where the value of physical activity can be exchanged, verified, and calculated. This is the Open Economy of Movement.

Last updated on Mar 24, 2026

How do I delete my Sweat Wallet account and my data?

There is no in-app self-delete for Sweat Wallet — deletion is processed manually on request. To request it, contact support with the email address linked to your account and ask for account and data deletion. A few important things to know before you do: - Transfer your $SWEAT out first. Deletion is irreversible on the app side: you lose access to the wallet through the app, so treat any remaining $SWEAT, active Grow Jars, and pending rewards as lost. - The blockchain address itself cannot be erased. A wallet is an anonymous public address on the NEAR blockchain — the public ledger is immutable by design. What deletion removes is your app access and the personal data linked to your account; the address itself holds no personal information. - Simply uninstalling the app does not delete anything — your wallet stays on-chain and your tokens remain safe as long as you keep your login (activation email / seed phrase). Formal data-deletion requests (GDPR / CCPA) Right-to-erasure requests are processed manually by the team — submit them through support with the email linked to your account, and you'll be informed when the deletion is complete.

Last updated on Jul 16, 2026

How do I report a scam, and what are Sweat's official channels?

Scammers impersonating "Sweat support" are common on Telegram and other social platforms. The rules that protect you: - Sweat support will never message you first on Telegram, X, Discord, or any social platform. - We will never ask for your seed phrase, private keys, backup email link, or login codes. Anyone who does is a scammer — no exceptions. - We will never ask you to send funds to a "verification", "unlock", or "synchronization" address. - There is no "wallet recovery service" that can restore a lost wallet for a fee — Sweat Wallet is non-custodial and nobody can do this. Recovery-for-payment offers are always scams. Official Sweat channels The official communities are on X (Twitter), Discord, Reddit, and Telegram — always reach them via the links inside the Sweat Wallet / Sweatcoin apps or the official website, not via search or DMs. Support happens in-app (chat with support / MIA), never through private messages on social media. Found an impersonator? Report the account through the platform's own report function, and tell us in-app support with the account handle and a screenshot — the team escalates takedowns. If you already shared your seed phrase or backup link with a scammer: treat the wallet as compromised and immediately move your funds to a new wallet.

Last updated on Jul 16, 2026

What is Multichain ("1 1 1") in Sweat Wallet?

Sweat Wallet's multichain experience is as simple as "1 1 1": - 1 Wallet — manage assets on any supported chain without creating separate accounts, saving separate keys, or funding each chain with its own gas token. - 1 Key — the one key you use with Sweat Wallet (social login / Magic Key, upgradable to a seed phrase) manages your accounts on every chain, via NEAR Chain Signatures and an MPC network. - 1 Token — $SWEAT pays gas on every supported chain. You never need to buy ETH, BNB, or any other gas token — you can literally pay your fees with your feet. Supported chains: NEAR, Ethereum, Base, Arbitrum, and Binance Smart Chain (BSC). More chains are planned. Do I need to activate anything? No — multichain works out of the box. You get a unified view of all your assets across all chains on one screen, and you can send, bridge, swap, buy, and receive any supported token. (Older app versions had a one-tap "Activate Multichain" step; it has been removed — no activation is needed anymore.) dApps With WalletConnect you can connect Sweat Wallet to dApps on any supported chain and confirm transactions in the wallet.

Last updated on Jul 16, 2026

What does "Walk a bit more to access your $SWEAT" mean?

If you see "Walk a bit more to access your $SWEAT" when trying to claim, it means the anti-fraud step check hasn't been met yet. Claiming unlocks after the system sees enough recent verified steps from you — it's a protection against automated abuse, not a problem with your account. What to do: simply walk a bit more with the Sweatcoin app tracking your steps, then try claiming again once the recent steps have been verified (verification can take a little while after the walk). What it is NOT: - It is not about activating your wallet — your wallet is already active. - It is not a minimum balance requirement or a fee. - It does not mean your earned $SWEAT is gone — it stays claimable (remember the 30-day claim window for minted $SWEAT).

Last updated on Jul 16, 2026