GALA
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Written by Zedcex Support
Updated over a week ago
GALA

GALA

Project basic informationIssue

Time:2020

Total Supply: 50,000,000,000 GALA

Circulation: 21,624,341,073 GALA

Project Introduction:

GALA is the core utility token for Gala Games. It is the main token with which NFT items can be purchased, it is the reward received by Founder’s Node operators for operating their Nodes, and it is the Gas token used to cover network fees on Gala’s blockchain.

Each day, 50% of GALA emission is distributed to Founder’s Node operators, and 50% is distributed to the Gala Games conservatorship, where it is reserved for future ecosystem growth and/or project funding.

Total daily emission of GALA is halved each year on July 21st, according to the following schedule:

From 7/21/21 to 7/21/22 - 17,123,286 GALA per day From 7/21/22 to 7/21/23 - 8,561,643 GALA per day From 7/21/23 to 7/21/24 - 4,280,822 GALA per day

More about GALA tokenomics can be found in this support article.

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