Gala has officially launched the first DEX, GalaSwap, on the GalaChain.
BlockBeats News, on February 28th, Web3 entertainment company Gala officially launched GalaSwap, the first DEX built on its GalaChain blockchain. The platform is capable of processing 2 million transactions per second, far exceeding traditional DEX, and is supported by a network of over 43,000 secure nodes to ensure fast transaction processing and improve asset trading speed.
GalaSwap will incentivize community growth through transaction rewards in GalaSwap tokens and referral programs, rewarding users for introducing new participants. The platform provides token trading capabilities for a variety of Ethereum-based assets and will unlock NFT trading in the upcoming Version 2 update, initially focusing on Gala-specific products and planning to support broader compatibility in the future.