Tokenomics
Understanding the GAL Token
Update on July 4, 2024: With the approval of proposals GP-25 and GP-30 by the Galxe DAO community, Galxe (GAL) token will be upgraded to Gravity (G), unifying and streamlining the experience across both ecosystems. This upgrade focuses on enhancing the user journey, integrating the token seamlessly across our Layer 1 and the Galxe ecosystem, and simplifying the ticker for easier recognition. G will serve as the universal token, providing utility in governance, transactions, and incentives across the entire ecosystem.
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Learn more about Gravity (G): https://docs.gravity.xyz/tokens/g-token
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Official Portal for Upgrading GAL to G: https://g.xyz/GAL-G-Portal
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Learn more about the token migration: https://gravity.xyz/blog/gal-g
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The following information only applies to GAL
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GAL Token Contracts
Chain | Contract Address |
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Ethereum ERC20 | 0x5fAa989Af96Af85384b8a938c2EdE4A7378D9875 |
BNB Chain BEP20 | 0xe4Cc45Bb5DBDA06dB6183E8bf016569f40497Aa5 |
Token Distribution
GAL has a total supply of 200,000,000 tokens. Please visit this token table for initial distribution, vesting detail and current circulating supply.
Vesting Contracts
Contract Address | Description |
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0xdBa0F580521968895ccA2B1FdEd2c5CD6D075882 | Growth Backer Round 1 |
0xC8F03241D10CA39A64492587AA443fb5ac660870 | Growth Backer Round 2 & Advisory |
0x0ca389eb320e4EC509dde88310b3C60953721a21 | Marketing |
0x0B318030c698fd4875726F2f08714a22B8C5f769 | Foundation |
0x65f2CA02E22e3635FDeC45b5360A4bB6832625C2 | Team |
0x8793C0b5EDB1Fea27B1aAc3F6FcbabD31B5A4ee7 | Community Treasury |