On May 15th, Gala Games will launch a new version of the GALA token. Known as GALA v2, this token will completely replace the current token. Current token holders shouldn\u2019t need to do anything as they will receive an airdrop of the new tokens based on a snapshot that will be taken on May 15th.<\/strong><\/p>\n Gala Games announced a major change coming, with an upcoming launch of a new version of their GALA token. This will replace the old token at a 1 to 1 ratio, with automatic airdrops for anyone holding onto GALA. The team recommends that users remove all of their GALA tokens from any liquidity pools before the snapshot on May 15th.<\/p>\n Everyone who holds GALA token on Ethereum will automatically receive an airdrop of the new v2 token. Gala Games says that they will work with exchanges to try and make the transition as smooth as possible, but the only guarantees come from holding your own coins.<\/p>\n This new contract is likely an important step towards the full integration of GALA token and their GYRI chain. Once the new token launches, the old token will no longer be usable in the Gala Games ecosystem.<\/p>\n This new token comes with a brand new contract which offers new and improved functionality to the Gala team. This includes enhanced burn mechanisms as well as better security and room for future upgrades. For anyone who wants to look into the contract details themselves, the official contract address for Gala V2 is 0xd1d2Eb1B1e90B638588728b4130137D262C87cae<\/em><\/p>\n![\"Gala](\"https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/04\/image-9-1.jpg\")