# G Token

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## **GAL -> G Migration**

With the approval of proposals [GP-25](https://dao.galxe.com/#/proposal/0x8d3f386c3b0cb9fa170d4231c65f18bd45ea1402b90a70116e1101c22e62ed01) and [GP-30](https://dao.galxe.com/#/proposal/0xa6af134cd0522ea34d2d6485a557fafdb01cc7f32726f409bd8f399cc2af2514) by the Galxe DAO community, we’re migrating the Galxe (GAL) token to Gravity (G), unifying and streamlining the experience across both ecosystems. This upgrade focuses on enhancing the user journey, integrating the token seamlessly across our Layer 1 and the Galxe ecosystem, and simplifying the ticker for easier recognition. G will serve as the universal token, providing utility in governance, transactions, and incentives across the entire ecosystem. Read this article to learn more about [the token migration](https://gravity.xyz/blog/gal-g).&#x20;

[The migration portal is available](https://app.galxe.com/gal-token-migration) for all GAL holders to migrate their existing GAL to G.&#x20;

## **What is G Token?**

G is the native token on Gravity and the utility token for both Gravity and the Galxe ecosystem. G powers transactions as the gas token and will soon secure the network through staking. As the primary utility token across both ecosystems, G drives governance decisions, incentivizes growth, and facilitates payments.

## G Token&#x20;

### As the Native Token

* G is the native token of **Gravity Alpha Mainnet**

### As ERC-20 Token

* Token Name: **Gravity**
* Token Symbol: **G**
* Initial Total Supply: 12,000,000,000 G&#x20;
* Decimal: 18
* ERC-20 Contract Address: `0x9C7BEBa8F6eF6643aBd725e45a4E8387eF260649`
* Token Icon: <https://assets.gravity.xyz/token_logo.png>, or [visit this link](https://gal.xyz/brand) for different versions
* **Currently Available Networks:**
  * [**Ethereum**](https://etherscan.io/token/0x9C7BEBa8F6eF6643aBd725e45a4E8387eF260649#code)
    * Contract owner: [Safe multi-sig on Ethereum](https://etherscan.io/address/0xbD6e434dB90FD8AD4E28d85C133AD34cA6fbfB6D)
    * Initial supply: 10,000,000,000 G
    * Current supply: 11,526,557,260 G, including G tokens already bridged to the Gravity Alpha Mainnet. So the actual supply is `11,505,000,000 G - num_bridged G`
      * Rebalance Event 1: Receiving 1,515,000,000 G From BNB Chain. <https://etherscan.io/tx/0xfeacc21c6ff2863bd1f54c945b48395dd120c51699ac84c459362999cebdb4ef>
      * Rebalance Event 2: Sending 10,000,000 G To Base.\
        <https://etherscan.io/tx/0x343d58b7e6b9a83a5d512e2d1f33dd0d19cf465c0409f15f5c446adf04204528>
      * Rebalance Event 4 (Ethereum Token Upgrader): Receiving 21,557,260 G From BNB Chain Token Upgrader <https://etherscan.io/tx/0xb138a6e3edb88623dfe0c9ac9da4f15b48ce56c8fb42f168650e8eeadb6bc399>
    * Gravity Alpha Mainnet (L2), i.e. `num_bridged G`
      * As a rollup on the Ethereum mainnet, G tokens bridged to the Gravity Alpha Mainnet are locked in [this contract](https://etherscan.io/address/0x7983403dda368aa7d67145a9b81c5c517f364c42): `0x7983403dda368aa7d67145a9b81c5c517f364c42`, utilizing the Arbitrum standard ERC-20 gateway.
      * The number of G tokens is dynamic, fluctuating as users bridge tokens in and out of the L2. You can view the real-time number by checking the G token balance of the [contract address](https://etherscan.io/address/0x7983403dda368aa7d67145a9b81c5c517f364c42) above.
  * [**BNB Chain**](https://bscscan.com/token/0x9C7BEBa8F6eF6643aBd725e45a4E8387eF260649#code)
    * Contract owner: [Safe multi-sig on BNB Chain](https://bscscan.com/address/0xBB86C74ecCA362D007293EE8A2E24E9De0B9E558)
    * Initial supply: 2,000,000,000 G
    * Current supply: 458,442,740 G
      * Rebalance Event 1: Sending 1,515,000,000 G To Ethereum <https://bscscan.com/tx/0xc144061a9a04099b2e004c7c2f713f8267b32332bc72c0c944c483cbf8776fb9>
      * Rebalance Event 3:  Sending 5,000,000 G to Base <https://bscscan.com/tx/0x2238d2181ef36cdc8cb9cfca70e5ad13ae1de9a6fa96a90860e8fe22e68c1c39>
      * Rebalance Event 4 (BNB Chain Token Upgrader): Sending 21,557,260 G to Ethereum Token Upgrader <https://bscscan.com/tx/0x9f9f6777593fb1e78776fab4e364ba1569ced2026e467964da9374a4dd357707>
  * [**Base**](https://basescan.org/token/0x9c7beba8f6ef6643abd725e45a4e8387ef260649#code)
    * Contract owner: [Safe multi-sig on Base](https://basescan.org/address/0x08bDCC846D80d81eF6e058bB64228Ec58CA6726a)
    * Initial supply: 0 G
    * Current supply: 15,000,000 G
      * Rebalance Event 2: Receiving 10,000,000 G From Ethereum <https://basescan.org/tx/0x3e3341ce3a9e2f9e7098dea8ae7935e74c5711630af56fcb010b681da92d5de3>
      * Rebalance Event 3:  Receiving 5,000,000 G From BNB Chain <https://basescan.org/tx/0x9abe5c88c3e4bc36214d5141b3b13cddefb658e0c5cbba14ce5ef8002b360d45>
* Audit report

{% file src="<https://1664081133-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZtdkwV6IW7ZSjaMZNmkU%2Fuploads%2FJ7wCsY4imFYBZcKBhMuO%2FSlowMist%20Audit%20Report%20Galxe%20G%20Token.pdf?alt=media&token=b2ff6a07-cb77-4fdc-8025-4bdba9333c4c>" %}

### As LayerZero OFT

For chains that do not have G token contract deployed natively, we use LayerZero's OFT standard to bring G tokens to those chains.

* Token Name: `GravityTokenG (OFT)`
* Token Symbol: `G.oft`

Deployed networks:

* [**Polygon**](https://polygonscan.com/address/0x7653235DA659c8e573B365B16EE95b847A1777ba)
  * Owner: [Safe multi-sig on Polygon](https://polygonscan.com/address/0x897a91caf592c42fcc953da16890c50372e63c61)
  * Initial supply: 0 G (minted on-demand by bridging from Ethereum mainnet)

Security configurations:

* [OFT Adapter](https://etherscan.io/address/0x71c066fd4949C44B2cB2f509E2CD2421FbD36bca) on Ethereum mainnet: `0x71c066fd4949C44B2cB2f509E2CD2421FbD36bca`
  * Owner: [Safe multi-sig on Ethereum](https://etherscan.io/address/0xbD6e434dB90FD8AD4E28d85C133AD34cA6fbfB6D)
* Ethereum -> Polygon
  * Confirmation required: 15
  * [LayerZero Labs](https://docs.layerzero.network/v2/developers/evm/technical-reference/dvn-addresses#layerzero-labs): `0x589dEDbD617e0CBcB916A9223F4d1300c294236b`
  * [Google Cloud](https://docs.layerzero.network/v2/developers/evm/technical-reference/dvn-addresses#google-cloud): `0xD56e4eAb23cb81f43168F9F45211Eb027b9aC7cc`
* Polygon -> Ethereum
  * Confirmation required: 512
  * [LayerZero Labs](https://docs.layerzero.network/v2/developers/evm/technical-reference/dvn-addresses#layerzero-labs): `0x23DE2FE932d9043291f870324B74F820e11dc81A`
  * [Google Cloud](https://docs.layerzero.network/v2/developers/evm/technical-reference/dvn-addresses#google-cloud): `0xD56e4eAb23cb81f43168F9F45211Eb027b9aC7cc`

### **Bridging G Between Networks**

Bridging G between BNB Chain <> Ethereum <> Base <> Gravity Alpha Mainnet&#x20;

* [Gravity Alpha Mainnet official canonical bridge](https://bridge.gravity.xyz/) for Ethereum <> Gravity Alpha Mainnet
* [Symbiosis](https://app.symbiosis.finance/swap?amountIn\&chainIn=BNB\&chainOut=Gravity\&tokenIn=0x9C7BEBa8F6eF6643aBd725e45a4E8387eF260649\&tokenOut=G) for all networks&#x20;

### **Token Release Schedule**

Please [refer to this table](https://docs.google.com/spreadsheets/d/e/2PACX-1vQKC7RmjjYkPbgPWbY9XPTiZFBgLHDQnQJaKszhiu80AAKIoS4gf6E1C20I55a3JFNm7V5HDF9giCmW/pubhtml) for the completed **token release schedule of G**.&#x20;

To find the previous token release schedule of GAL, [visit this table](https://gal.org/token-table).

### How to get G

* Buy G with credit card
  * [Alchemy Pay](https://ramp.alchemypay.org/?appId=Ds23NPiP1aeapVES#/index)&#x20;
  * [Onramp Money](https://onramp.money/main/buy/?appId=1\&coinCode=g\&network=erc20)&#x20;
* Get G on supported exchanges&#x20;
  * Find the list of supported exchanges on [CoinMarketCap](https://coinmarketcap.com/currencies/gravity-token/) or [CoinGecko](https://www.coingecko.com/en/coins/gravity)&#x20;
* Get G onchain
  * [Jumper Exchange](https://jumper.exchange/?fromChain=1\&toChain=1625\&toToken=0x0000000000000000000000000000000000000000)
  * [Uniswap](https://app.uniswap.org/explore/tokens/ethereum/0x9C7BEBa8F6eF6643aBd725e45a4E8387eF260649)
  * [Symbiosis](https://app.symbiosis.finance/swap?amountIn\&chainIn=Ethereum\&chainOut=Gravity\&tokenIn=ETH\&tokenOut=G)&#x20;
  * [Gas.zip](https://www.gas.zip/)
  * [Comet](https://cometbridge.app/instantGas)
  * If you have a balance in any vault in [Smart Saving](https://app.galxe.com/SmartSavings), click the corresponding vault and choose to receive the withdrawal token as G

### API

To get G supplies:

* **Total Supply:** <https://api.galxe.com/services/g-supply/total>&#x20;
* **Circulating Supply:** <https://api.galxe.com/services/g-supply/circulating>&#x20;

## **G Utilities**

Beyond migrating the existing utilities from GAL, G will expand its range of applications to serve all users within our ecosystems. Here are the key functionalities of G:

* **Staking:** Stake G to actively participate in governance, secure the network, and contribute to the long-term sustainability of both the Gravity and Galxe ecosystems. Additionally, G stakers gain convenient access to exclusive rewards from applications built by Galxe.
* **Governance:** G DAO is governed by G holders. Acting as a transparent, secure, and decentralized framework, G DAO fosters unity and progress among its members.
* **Transacting:** As the native gas token of Gravity Chain, G is used for executing and paying for all onchain transactions.
* **Payments:** As the utility token in the Galxe ecosystem, G is used to pay fees for applications built by Galxe, including Galxe Quest, Galxe Passport, Galxe Score, Alva, and more.

### Additional Examples of G Utilities in the Galxe Ecosystem

* **Galxe Shop**

  Shop from thousands of online merchants and earn cash back in G. Galxe Shop offers a seamless and rewarding shopping experience, exclusive to the Galxe community.
* **Galxe Earn**

  G stakers may be eligible for exclusive airdrops from partners within the Galxe ecosystem. Powered by Galxe Quest, Galxe Earn facilitates direct engagement and smarter distribution of rewards.