According to TechFlow, Web3 credential data network Galxe announced that the Galxe DAO community has passed the GP-25 and GP-30 proposals to migrate Galxe (GAL) tokens to Gravity (G) tokens, unifying and simplifying the user experience of the two ecosystems.

G tokens will serve as general purpose tokens, playing a role in governance, transactions, and incentives.

The migration process will begin on July 9, 2024, and GAL holders can complete the migration through the official migration portal, with a ratio of 1:60 and an initial total supply of 12,000,000,000 G. G tokens will be available as ERC-20 tokens on the Gravity Alpha mainnet as well as Ethereum, BNB Chain, and Base.