On Could fifteenth, Gala Video games will launch a brand new model of the GALA token. Referred to as GALA v2, this token will fully exchange the present token. Present token holders shouldn’t have to do something as they may obtain an airdrop of the brand new tokens primarily based on a snapshot that might be taken on Could fifteenth.
Gala Video games introduced a serious change coming, with an upcoming launch of a brand new model of their GALA token. This may exchange the outdated token at a 1 to 1 ratio, with computerized airdrops for anybody holding onto GALA. The workforce recommends that customers take away all of their GALA tokens from any liquidity swimming pools earlier than the snapshot on Could fifteenth.
Everybody who holds GALA token on Ethereum will routinely obtain an airdrop of the brand new v2 token. Gala Video games says that they may work with exchanges to try to make the transition as easy as doable, however the one ensures come from holding your personal cash.
This new contract is probably going an necessary step in direction of the total integration of GALA token and their GYRI chain. As soon as the brand new token launches, the outdated token will now not be usable within the Gala Video games ecosystem.
This new token comes with a model new contract which gives new and improved performance to the Gala workforce. This contains enhanced burn mechanisms in addition to higher safety and room for future upgrades. For anybody who desires to look into the contract particulars themselves, the official contract tackle for Gala V2 is 0xd1d2Eb1B1e90B638588728b4130137D262C87cae
TOWN to GALA
Gala additionally just lately discontinued the TOWN token for his or her City Star recreation. That is a part of an ongoing effort to make GALA the central foreign money for his or her GYRI blockchain and supply the token with ongoing worth.
For anybody that also has the outdated TOWN tokens, these will be swapped at a fee of 1.25 TOWN to 1 GALA. To take action, go to your stock web page on the Gala Video games web site, choose your TOWN token, and you need to see a burn possibility. The choice for burning TOWN token opened in early March and will stay obtainable for no less than six months. Anybody who swaps after the V2 token launch will obtain GALA V2 tokens in change.
What’s Gala Video games?
Gala Video games is a quickly rising web3 ecosystem. Along with their steady of web3 video games, Gala Video games has expanded into cellular gaming as properly. They’ve additionally launched initiatives for distributing Music and Movie as NFTs!
Gala Video games is constructing their very own blockchain often known as GYRI, on which all of their apps and video games will stay sooner or later.
To maintain up with the entire newest from Gala Video games, observe them on Twitter, be part of their Discord, and go to their web site.
a few of the Gala Video games merchandise
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