GALA token ecosystem has undergone significant updates, particularly with the introduction of the GALA v2 token in May 2023. This upgrade improved the token's burn mechanisms, security, and future scalability. As part of this, GALA v1 tokens were replaced with GALA v2 on a 1:1 basis, and users were encouraged to withdraw GALA from liquidity pools to ensure smooth transitions. GALA v2 supports more efficient and secure transactions, marking a fresh start for the ecosystem.

Additionally, GALA has continued expanding its offerings with the launch of GalaChain” ,a proprietary blockchain that supports the entire Gala ecosystem, including gaming, music, and film. This chain provides faster and cheaper transactions compared to Ethereum and includes platforms like “GalaSwap” for seamless token exchanges. Furthermore, “Founder’s Nodes” remain integral, powering the system and receiving GALA distributions as rewards.

In 2024, new updates included dynamic token emissions set at 0.25% of the gap between the total and maximum supply, designed to stabilize the ecosystem and avoid market shocks. The ecosystem also introduced tools like the GalaChain SDK, enabling developers to create decentralized applications within the Gala environment.

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