P2E project Gala Games announced an airdrop of the second version of the GALA v2 token. The original asset reacted to the announcement with growth.
Owners of GALA v1 will receive a new asset in a 1:1 ratio. The project team strongly recommended that users withdraw tokens from all liquidity pools or trading platforms to non-custodial wallets by the time of the May 15 snapshot.
The developers noted that they were in contact with many sites regarding the airdrop, but cannot promise the correct distribution of tokens on them.
“We cannot guarantee that GALA included in liquidity pool contracts can be restored. It’s better to be safe than sorry,” they emphasized.
After the airdrop, support for GALA v1 will be discontinued immediately. According to the statement, the Ethereum contract for the new token has a number of improvements regarding the recording mechanism, security and potential updates in the future.
Amid the announcement of the airdrop, the price of GALA increased by almost 15% within 24 hours. The asset is trading at around $0.05 (CoinGecko).
In April, crypto exchange Huobi and Gala Games presented a compensation plan for those affected by the incident with the synthetic token pGALA.
