• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Gala Games updates the referral incentive system

Gala Games updates the referral incentive system

user avatar

by Max Nevskyi

2 years ago


After receiving feedback from the community, Gala Games has published a revised proposal for the referral incentive system, which Founder's Node operators can now vote on. One of the changes includes making non-chain referrals temporary unless they are written to blockchain through a burning process. If the proposal is approved, the system will be implemented within 90 days through a phased rollout.

Following community feedback and hosting an AMA in the Founder's Node Owner channel, Gala Games decided to revise its original proposal regarding the Referral Incentive System for ecosystem usage, making a couple of adjustments and putting it up for voting among Founder's Node operators.

Gala Games new proposal extends the implementation period of the referral incentive system to 90 days for additional work on integrating referrals into the blockchain, as opposed to the original 7 days. Now all referrals must be registered through a burning process to ensure their long-term activity and rewards for active ecosystem users. Referrals not transferred to the blockchain will have a temporary status, and their benefits will expire if the burning process is not completed.

It is also mentioned that the system will be implemented in phases. In the first two weeks, burn rebates will be provided for referrers based on burns in Ethereum, and the same will happen in one month on GalaChain. Approximately two months later, the first version of the Referral Dashboard will be introduced, and in 3 months, the second version of the dashboard will go live, alongside the ability to write referrals on chain. This means that once this phased rollout is over, non-chain referrals will start to have a countdown showing how much time is left until they expire.

The rest of the proposal remains the same and works as follows: when user C initiates a burn, the account that referred them, user B, will receive a reward equal to 8% of the burned amount, while the account that referred user B, user A, gets 2% of the burned amount. If the proposal is approved, the developers will look to implement the system within 90 days from the day of approval.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Short-Term Holders See Significant Increase in Holdings

chest

Bitcoin short-term holders have increased their holdings by 247% since August 2025, totaling 54 million BTC, despite market volatility and realized losses.

user avatarAyman Ben Youssef

Ripple's Financial Strength and IPO Outlook

chest

In a recent interview, Ripple CEO Brad Garlinghouse discussed the company's focus on expansion and financial strength, stating that an IPO is not a near-term goal.

user avatarAisha Farooq

Bitcoin Surpasses 105k Amidst Market Optimism

chest

Bitcoin's price has climbed past the 105k mark, reflecting cautious optimism among investors.

user avatarTando Nkube

Expert Opinions Diverge on Bitcoin's Future

chest

Experts are divided on Bitcoin's future, with predictions ranging from cautious to optimistic.

user avatarKofi Adjeman

Crypto Market Experiences Major Gains as Solana and Cronos Surge

chest

The crypto market is buzzing again, with Solana and Cronos leading the charge. Solana has jumped 681% in the last 24 hours, while Cronos has soared 981%, signaling renewed investor confidence and speculative energy.

user avatarNguyen Van Long

ICP Approaches Critical Retest Zone for Potential Bullish Move

chest

Crypto analyst Johnny highlights a potential buying opportunity for ICP as it nears a key retest zone.

user avatarSatoshi Nakamura

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.