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Understanding GAL to G Migration
Understanding GAL to G Migration
Operation Team avatar
Written by Operation Team
Updated over a week ago

One token, two ecosystems. With the approval of the proposal GP-25 and GP-30 by the Galxe DAO community, we’re migrating the Galxe (GAL) token to Gravity (G), unifying and streamlining the experience across both ecosystems. This upgrade is centered on powering an enhanced user journey, a refined seamless token integration across layer1 and existing platforms, and a simplified ticker for ease of recognition. G will serve as the universal token with utility in governance, transactions, and incentives across the entire ecosystem.

What is G Token?

Evolved from GAL, G is at the core of Gravity and Galxe. G is the gas token of Gravity that is used to pay for transactions, secure the network through staking (coming soon), and as a utility token in Galxe product suites. Serving as the primary utility token in both Gravity and Galxe ecosystems, G fuels governance decisions, incentivizes ecosystem growth, and facilitates payments.

G Utilities

On top of migrating the existing utilities from GAL, G will be expanding the range of its practicality to serve all users within our ecosystems. Here are what you can do with G:

Staking

Stake G to actively participate in governance, secure the network (coming soon), and contribute to the long-term sustainability of both Gravity and Galxe ecosystems. Additionally, G stakers gain convenient access to exclusive rewards from applications built by Galxe.

Governance

G DAO is governed by G holders. Acting as a transparent, secure, and decentralized framework, G DAO fosters unity and progress among its members.

Transacting

As the native gas token of Gravity Chain, G is utilized for executing and paying for all on-chain transactions.

Payments

As the utility token in the Galxe ecosystem, G is used to pay fees to applications built by Galxe, including Galxe Quest, Galxe Passport, Galxe Score, Alva, and more.

⭐️ Tip: G can also be used on Galxe Shop, Galxe Earn, and other Galxe products and features. Learn more about all the utilities here.

G Token Specifications

G token will be available as the native token on Gravity Alpha Mainnet and as an ERC20 token on Ethereum, BNB Chain, and Base. The details for G token are below.

As the Native Token

G is the native token of Gravity Alpha Mainnet

As ERC-20 Token

  • Token Name: Gravity

  • Token Symbol: G

  • Initial Total Supply: 12,000,000,000 G

  • Decimal: 18

  • ERC-20 Contract Address: 0x9C7BEBa8F6eF6643aBd725e45a4E8387eF260649

  • Currently Available Networks:

    • Ethereum: Initial supply: 10,000,000,000 G

    • BNB Chain: Initial supply: 2,000,000,000 G

    • Base: Initial supply: 0 G (Note: G tokens will be bridged from other networks to the Base network.)

From Galxe (GAL) to Gravity (G)

The migration portal is now live and will be available for at least a year, providing GAL holders ample time to complete this process. If you do not migrate your GAL within this window, you will still retain your GAL. However, all existing utilities of GAL will fully transition to G.

As we transition from Galxe (GAL) to Gravity (G), we intend to make this process as effortless as possible for you. Here is what to expect.

ℹ️ GAL to G Migration:

  • The official migration portal is https://app.galxe.com/gal-token-migration

  • Upon the onchain migration, your existing GAL tokens will be burnt and the new G tokens will be sent to your wallet in a 1:60 GAL to G ratio on the same chain.

⭐️ G Tokens Not Showing?

  • Add G as a custom ERC20 token to your wallet on Ethereum or BNB Chain with the contract address 0x9C7BEBa8F6eF6643aBd725e45a4E8387eF260649.

Your Feedback Matters

Galxe is a decentralized super app and web3’s largest onchain distribution platform. Through its robust infrastructure and product suite of modular AI, digital identity, and blockchain technologies — Quest, Passport, Score, Compass, and Alva — Galxe supports the development of advanced, user-friendly Web3 applications with an emphasis on secure and self-sovereign digital identity management. The recent introduction of Gravity, a layer 1 omnichain leveraging Galxe’s infrastructure, enables developers to tap into Galxe’s 20 million users and create new products that help onboard the world to Web3. Your feedback is crucial in shaping the future of Galxe. Here's how you can contribute:


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