TechFlow News — Web3 credential data network Galxe announced that the Galxe DAO community has approved proposals GP-25 and GP-30, migrating Galxe (GAL) tokens to Gravity (G) tokens to unify and simplify the user experience across both ecosystems.
The G token will serve as the universal token for governance, transactions, and incentives.
The migration process will begin on July 9, 2024. GAL holders can complete the migration via the official migration portal at a ratio of 1:60, with an initial total supply of 12,000,000,000 G. The G token will be available on the Gravity Alpha mainnet and as an ERC-20 token on Ethereum, BNB Chain, and Base.
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