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Though $GALA is traded in significant quantity on quite a few exchanges by way of the token’s Ethereum contract, the vast majority of the token’s utility life on GalaChain, to which $GALA is initially emitted as Founder’s Node operator benefits and from which the token is often effortlessly bridged to Ethereum for trade.
Gala Online games addresses A serious shortcoming that video sport players have struggled with up to now — a chance to consider ownership of items attained by means of gameplay.
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With every one of the empowering capabilities of the globe’s top blockchains, GalaChain would make area for a sustainable web3 ecosystem capable of huge expansion even though going further far from centralized systems because it grows.
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GALA has migrated to a new contract deal with within the aged contract tackle. Check out their announcement in this article.
This interplay concerning emission charge adjustment and totalSupply reduction establishes a dynamic, responsive source procedure. This technique not merely makes certain very long-expression ecosystem rewards for that Founder’s Nodes, instrumental in supporting the ecosystem, but in addition imposes a balancing effect on the totalSupply, exerting a downward pressure around the token amount in circulation.
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