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GALAXIA is a user-focused token on the Klaytn network that serves as a payment and reward mechanism for diverse services. It facilitates NFT trading, STO, and DeFi offerings while enabling staking interest and metaverse payments. Ten billion tokens were generated at genesis, with forty percent allocated for distribution to ensure a healthy ecosystem cycle.
GALAXIA (GXA) is a user-focused token built on the Klaytn network, serving as a payment and reward mechanism for diverse services. Operating on a unified platform, GXA aims to create a sustainable blockchain environment by facilitating quick and transparent NFT trading, alongside financial offerings like STO and DeFi.
As the native utility token, GXA functions in the following ways:
Regarding supply, 10 billion GALAXIA tokens were generated at genesis. To foster a healthy ecosystem cycle, 40% of the total supply is allocated for distribution. The initial distribution targets platforms that ensure the smoothest token flow, with specific amounts determined individually for each platform. Another 20% is reserved for rewards tied to affiliate services, such as the MetaGalaxia NFT platform, to enhance token usability. The remaining tokens are designated for development, operations, business collaborations, and marketing efforts.