Gala Games’ Blockchain Gaming Platform to Launch v2 Upgrade on May 15th

04/18/2023 00:30 • Metaverse Matters • 140 views

On April 18th, it was announced that the blockchain gaming platform Gala Games will launch a v2 upgrade on May 15th, with new features including enhanced burning mechanism, security enhancements, and future scalability. Users must remove GALA from any liquidity pool or smart contract before the snapshot on May 15th. The official has arranged for all users holding GALA (v1) on Ethereum to directly receive new GALA (v2) tokens 1:1 automatically. Afterwards, GALA (v1) will no longer be supported.

Gala Games plans to launch v2 upgrade on May 15th and replace 1:1 with new tokens

On April 18th, Gala Games officially announced that its popular blockchain gaming platform would receive a much-awaited upgrade, with exciting new features set to launch on May 15th. As blockchain gaming continues to grow in popularity, Gala Games is taking steps to enhance user experience, as well as improve the security and scalability of its platform.

What to Expect from Gala Games’ v2 Upgrade

The Gala Games team is working hard to ensure that the v2 upgrade will be seamless and smooth for users. Some of the new features that will be included are:

Enhanced Burning Mechanism

With the new upgrade, Gala Games will be introducing a more secure and efficient burning mechanism. This will help the platform to prevent fraudulent activity, as well as protect users’ investments.

Security Enhancements

Gala Games’ v2 upgrade will also bring new security enhancements to the platform. These features will help to protect user accounts against potential breaches or hacking attempts.

Future Scalability

Another exciting aspect of Gala Games’ v2 upgrade is its focus on future scalability. The upgrade will incorporate improvements that will allow the platform to handle more users and transactions, making it more accessible and versatile for gamers worldwide.

Snapshot Requirements for GALA Users

To ensure a smooth transition to the v2 upgrade, all users of the current version of GALA on Ethereum must remove their tokens from any liquidity pool or smart contract before the snapshot takes place on May 15th. This will ensure that users receive the new GALA (v2) tokens 1:1.

What Does This Mean for GALA (v1) Tokens?

Once the v2 upgrade is launched, GALA (v1) tokens will no longer be supported by the platform. However, Gala Games has arranged for all users holding GALA (v1) on Ethereum to receive new GALA (v2) tokens automatically at a 1:1 ratio.

Conclusion

Gala Games’ v2 upgrade is set to be a game-changer for blockchain gaming, with enhanced security features, improved scalability, and a more efficient burning mechanism. The snapshot requirement for current GALA users ensures a seamless transition to the new version, with automatic token distribution for all users holding GALA (v1) on Ethereum. With these exciting developments, Gala Games is leading the way in the blockchain gaming industry.

FAQs

**Q1. What do I need to do before the v2 upgrade?**
A: Make sure to remove your GALA (v1) tokens from any liquidity pool or smart contract before the snapshot on May 15th.
**Q2. Will I receive new GALA (v2) tokens automatically?**
A: Yes, all users holding GALA (v1) on Ethereum will receive new GALA (v2) tokens at a 1:1 ratio.
**Q3. What will happen to GALA (v1) tokens after the upgrade?**
A: GALA (v1) tokens will no longer be supported by the platform, but users will receive new GALA (v2) tokens automatically.

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