Galxe will convert GAL to G at a ratio of 1:60 through a token contract migration proposal

ChainCatcher news, the Web3 infrastructure and digital credential network Galxe has completed a token symbol and smart contract migration proposal, which includes a comprehensive modification of the existing token smart contract. The token abbreviation will be upgraded from GAL to G, and the GAL tokens will be converted to G tokens at a ratio of 1:60, meaning the total supply of G tokens will be changed to 12 billion tokens, which is 60 times the current total supply of 200 million GAL tokens. The community will subsequently design and implement a roadmap to detail the phased implementation of the token symbol change and smart contract upgrade.