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Gala Games destroyed 21 billion GALA tokens
9 months ago 1 min read

Gala Games Burns 21 Billion GALA Tokens

Gala Games, a blockchain gaming platform, has burned over $600 million worth of GALA tokens. The burn was conducted as part of the company’s ongoing efforts to reduce the supply of GALA tokens and increase their value. The burn took place on May 17, 2023. As part of the burn, Gala Games destroyed 21 billion GALA tokens. This represents approximately 10% of the total supply of GALA tokens. The burn was conducted by sending the tokens to a dead address, which means that they can never be used again. This effectively removes them from circulation, which reduces the supply of