• 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

Ethereum Foundation Establishes Post-Quantum Security Team

chest

The Ethereum Foundation has established a dedicated Post-Quantum security team to enhance the network's long-term security against quantum computing threats.

user avatarSatoshi Nakamura

Donald Trump Reportedly Set to Attend Crypto Summit Next Week

chest

Reports suggest that former President Donald Trump is expected to attend a summit concerning the Trump account next Wednesday, but the lack of confirmation raises doubts about the authenticity of this event.

user avatarRajesh Kumar

Vitalik Buterin Pushes for Decentralized Privacy Tools by 2026

chest

Vitalik Buterin calls for the mass adoption of decentralized privacy tools by 2026, emphasizing self-sovereignty and user-centric communication.

user avatarJesper Sørensen

TSMC Achieves Third Consecutive Record Quarter

chest

TSMC's performance marks the third consecutive quarter of record achievements since Q2 2025, driven by past successes in AI chip demand.

user avatarEmily Carter

TSMC Reports 35% Net Profit Surge

chest

TSMC reported a 35% increase in net profit, driven by record-breaking sales of AI semiconductors.

user avatarLucas Weissmann

Taiwan's Semiconductor Output Reaches Record Levels

chest

Taiwan's semiconductor output, led by TSMC, has reached unprecedented levels in Q4 2025 due to surging AI chip demand from major technology firms.

user avatarFilippo Romano

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.