#DAOBaseAIBinanceTGE

What Is the G Token?

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

The utilities of G include:

#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 can gain access to exclusive rewards, enhancing their participation in governance and network security while earning rewards from Galxe’s suite of applications.

Governance: G #DAO is governed by G holders, serving as a transparent, secure, and decentralized framework. G Token holders can submit proposals and vote on changes that directly impact both ecosystems, ensuring a collaborative decision-making process.

Transacting: As the native gas token of Gravity Chain, G is used for executing and paying for all #onchain transactions. Its role in transactions ensures the smooth operation of DApps on the network, while providing #liquidity for #cross-chain interactions.

Payments: As the utility token in the Galxe ecosystem, G is used to pay fees for applications such as Galxe Quest. This allows users to seamlessly interact with Galxe’s applications, paying for services within a unified token framework