Shoe NFTs and GRND Burn (Arbitrum Grant) Announcement

Hello, Holders!

This is the SuperWalk team.

SuperWalk aims to activate its ecosystem by ensuring that key economic elements—Shoe NFTs, WALK tokens, GRND tokens, and xGRND tokens—work complementarily with each other.

In this announcement, we will provide details on the burning of Shoe NFTs and GRND tokens through the Arbitrum Grant.

Contents of the Announcement

Explanation of the Arbitrum Grant execution method

Information on the characteristics of the burned Shoes

Impact on the Shoe NFT ecosystem

For more details, please refer to the information below.

1. Explanation of the Arbitrum Grant execution method

(1) Arbitrum Grant ARB → KAIA USDT Conversion Path

TX Hash	Route	Link
0x3646e3ac54dfae26883052818eb1d60d42f34def7e36f7d6bc945e6e73c66df7	(1) Swap ARB to USDT on the Arbitrum One network	https://arbiscan.io/tx/0x3646e3ac54dfae26883052818eb1d60d42f34def7e36f7d6bc945e6e73c66df7
0x34be15c59c69170f1822b99b02036a84bb416d3e50c26ac3fb44d17e724137e9	(2-1) Bridge USDT from the Arbitrum One network to the KAIA network	https://kaiascope.com/tx/0x34be15c59c69170f1822b99b02036a84bb416d3e50c26ac3fb44d17e724137e9?tabId=tokenTransfer
0xdf28f75b71a314d7d68d07d377a285b1a2272face617f3a8d3d8255486e2851a	(2-2) Transfer to the grant execution wallet	https://kaiascope.com/tx/0xdf28f75b71a314d7d68d07d377a285b1a2272face617f3a8d3d8255486e2851a?tabId=tokenTransfer

(2) A total of 22,663.324013 USDT was used entirely for GRND buyback

TX Hash	In (USDT)	Out (GRND)
0xf6b6409ae57a49e3af41f1587bdfd397375beddf345106ae7c8dbb6fc0b00ab6	1,000.00	20,121.99
0x4d1680b59ea8f603f8b246fbb5e19025c9a883a916bb884162c5674c02e5cb47	1,000.00	19,990.58
0x8264b63253e6c58afbe623ad009e444302da48b3f6ecb48463bd354283496ee9	1,000.00	19,936.31
0x578f9bb87b6f40439f5de6fd55fc4ec1ab9bf8bdc79e545133605c17ebc55617	1,000.00	19,858.86
0x1a55789866db851364274e4d716f591d1727d2841837b35ae3757987893539a9	1,000.00	19,795.32
0xde381c68173c3d744074b3aafbcf957e9cbf3278d593c4ffd1b9948f79a44ca7	1,000.00	19,741.24
0xadcb8515fd23eccbcc63d53647e26a351b09153b59bcc49f87c47f0b0c89221f	1,000.00	19,666.56
0xc42f38376b68a692c8496f46b1bbdf6fd3629818c800517dd6f0cf4b199b7071	1,000.00	19,866.49
0x9da51a795894e2c760173d91286e8109ee4b5b3286e5c5ce8f0471e4ffcf265c	1,000.00	19,752.57
0xf2493962ba6ef161de2c1b474e8dad88958de2a9153262e1011c200988660a92	1,000.00	19,798.30
0xaee83484dca78835a87b054a202833ac510a7743c0c696dfe788f2d2cecf3663	1,000.00	19,650.17
0xf768b19b8dd6680cd58a0508bc56cf4340672cc2286a7f1952100de9086930f2	1,000.00	20,126.19
0x781f68f444ec8066e039b49c3bc4b6498021d2fa0a3ec4b569bb3405c1f43819	1,000.00	20,027.44
0xff329be4fa04ae4ca21f2bc3324cd07fbbc66cb178ea59ed18e76a2abb9fb9d2	1,000.00	19,971.51
0xc3dc5fb85a25642a24bd069342f1165358abe14e4916a0a2d1c12ebece073e31	1,000.00	19,870.38
0xa29aa2f67c7e80af94a1385ee4b30dddc8358bbd5061f68085a0d881e0041da9	1,000.00	19,813.30
0x2ffb303efe50e9aedbeae57b48dc35b2db08856d9ea9a490c6f79c7ef21c545a	1,000.00	19,708.38
0x1491424c6e684f641af0b1af748464016b613ba6c0090671b1151ff1ef9bedff	1,000.00	19,605.17
0x24ff7adb6c72f7fba0af63bcd18c4641f9f92ca1560ab13337a6043c0884fa64	1,000.00	19,683.66
0x5370d97031eaaa00556b6142731f7851d0e4a25ec9802e289f5cf0c8136958a0	1,000.00	19,756.65
0x4933afdaccfbd7966975408f67e5752c0e48ec725eac6bb506a34f1193a0aa4b	1,000.00	19,660.44
0xb424c4d0313481635527ce97aa8cb6b8eddc70b32c95e8f0efaa880d46f4c569	1,000.00	19,630.21
0x815f4700a3d69b282bbc6d27b1fe7321afccf7ed9535f3823dad29d51257d175	663.32	13,005.35
	22,663.32	449,037.07

(3) Out of the 449,037.07 GRND bought back, 220,000 GRND was used for Shoe NFT buyback

You can check the buyer by searching the wallet address in the SuperWalk Shoe Transaction Sheet

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0x41571115568568412Ce71c6141e060cf606AfF2e

SuperWalk Shoe Transaction Sheet Link

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https://docs.google.com/spreadsheets/d/1uMTq66q5c73Orry4BEeVINmDZD6Lj5bYbgRtjlyw_uc/edit?usp=sharing

(4) All 229,037.071187 GRND (excluding the amount used for Shoe buyback) and 1,836 Shoe NFTs were burned

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GRND Burn TX Hash

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0xe9dc8176e3624d3df482298fb38d5c9b1a76df0e0c9e63d5c04c88744760468c

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Shoe NFT Burn Overview

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https://kaiascope.com/nft/0x990d8cfbce8892e2126f85637f3728b53266b45e?tabId=nftInventory&account=0x000000000000000000000000000000000000dead&token=0x990d8cfbce8892e2126f85637f3728b53266b45e

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Before burn: 12,806

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After burn: 14,642

2. Information on the characteristics of the burned Shoes

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Grade Criteria 

Grade	Burned Quantity
Normal	1,747 ea
Rare	65 ea
Epic	24 ea
Total	1,836 ea

•

Generation Criteria

Generation	Burned Quantity
0	1 ea
1	56 ea
2	235 ea
3	411 ea
4	528 ea
5	277 ea
6	204 ea
7	105 ea
8	19 ea
Total	1,836 ea

3. Impact on the Shoe NFT ecosystem

Total Effect of 21,321 Burned Shoes

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The calculation is based on the remaining production count of the burned Shoes.

•

The calculation assumes the maximum possible production capacity of the burned Shoes.

Generation	Total Burned Quantity	Remaining Production Count
0	1	0
1	56	18
2	235	484
3	411	1,381
4	528	1,654
5	277	585
6	204	262
7	105	79
8	19	0

A separate announcement will be made regarding the burn details of GRND used in-app and burned Shoe NFTs.

SuperWalk will continue striving for the healthy growth of the ecosystem.

Thank you.