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While $GALA is traded in big quantity on many exchanges by using the token’s Ethereum agreement, nearly all of the token’s utility lives on GalaChain, to which $GALA is in the beginning emitted as Founder’s Node operator rewards and from which the token is often conveniently bridged to Ethereum for trade.

The Ethereum-centered $GALA token is outlined on a lot of personal exchanges all through the world, and also quite a few decentralized exchanges. A complete record is accessible while in the “Marketplaces” tab.

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Gala was Launched in 2019 by Zynga co-founder Eric Schiermeyer, a pioneering leader in the event of social and blockchain gaming that has a established reputation of accomplishment when building in new tech sectors.

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The existing emission price of $GALA is determined by a variable everyday emission method, which can take into consideration the totalSupply of $GALA within the blockchain. An increase in the totalSupply (indicating more $GALA emitted than burned) leads to a reduced emission charge.