Gala Games posted on the X platform that it has destroyed nearly 1 billion GALA.
Yesterday, the Gala community launched a governance proposal for "temporary GALA token contract upgrade and token destruction".
The proposal pointed out that in view of the recent security incidents that led to the unauthorized minting and sale of approximately 600 million GALA tokens and the permanent lock-up of approximately 4.4 billion tokens, this proposal aims to formally destroy these approximately 4.4 billion GALA tokens, as well as approximately 600 million GALA tokens from the GALA treasury, to ensure the stability and sustainability of the ecosystem.