Over 130M $GALA Bridged Daily as Node Staking Changes Go Live

cryptonews.net 09/07/2025 - 06:05 AM

Gala Ecosystem Growth

The Gala ecosystem is experiencing significant growth, marked by a surge in on-chain activity. In the past three weeks, an average of 130 million $GALA tokens have been bridged into GalaChain. The updated Founder Node rewards system is driving increased usage of the network’s features.

Updated Node Staking Model Now Live

On June 16, 2025, Gala introduced a new model for earning Founder Node rewards. Now, node operators must hold $GALA in their GalaChain wallet to receive rewards. To earn 100% of daily rewards per node, users need to hold 1 million $GALA. Holding less still yields rewards, but at a lower percentage based on the amount held.

This update encourages active participation on GalaChain by aligning rewards with user engagement. In the next phase, the rewards system will evolve to require users to lock $GALA for further participation. As part of this staking update, Gala will launch a new token called $GSTAKE. This token will allow users to stake using $GSTAKE, maintaining a 1:1 rewards ratio. $GSTAKE will be minted by converting specific NFTs bought with $GALA. More details about eligible NFTs and the conversion process will be announced before the second phase rollout. Once operational, $GSTAKE will be tradeable on Gala Connect, GalaSwap, and potentially other platforms.

Simplified Rewards

Despite the large volumes of $GALA moving to GalaChain, sufficient liquidity on exchanges remains. This accessibility allows new users to acquire the token easily while providing long-term holders better integration and utility.

With billions in $GALA transitioning to GalaChain, the momentum is strong, showcasing the community’s confidence in the upcoming launch of GalaSwap, Gala’s own decentralized exchange (DEX). The bridging of $GALA indicates genuine demand and enthusiasm for native trading, staking, and DeFi activities.

Disclaimer: This information is not trading advice. Bitcoinworld.co.in holds no liability for investments made based on this information. It is recommended to conduct independent research and/or consult a qualified professional before making investment decisions.




Comments (0)

    Greed and Fear Index

    Note: The data is for reference only.

    index illustration

    Greed

    63