Galxe community voted to approve the proposal to change the token symbol and contract migration

The Snapshot page shows that the Galxe community has voted to approve the proposal to change the token symbol and migrate the contract, with a final approval rate of 99.71%. It is reported that the proposal aims to enhance the brand image and market awareness of GAL, eliminate confusion caused by the token symbol, and enhance community participation. If the proposal is passed, the Galxe team will work with community members to develop a detailed plan, including a timetable, technical roadmap, and token economics adjustments. In order to strengthen the brand image and increase community participation, it is necessary to change the original token symbol GAL to G and upgrade the existing GAL token smart contract. GAL tokens will be exchanged for G tokens at a rate of 1:60. This means that every 1 GAL token will grant the holder 60 G tokens. The total supply of G tokens will be changed to 12,000,000,000, which is 60 times the current total supply of GAL tokens (200,000,000).