Galxe launches GAL token staking feature, with the first reward pool of nearly 5 million dollars

ChainCatcher news, according to Decrypt, the Web3 infrastructure and digital credential network Galxe today announced the launch of the GAL staking feature, providing users with the ability to unlock exclusive rewards through the Galxe Earn platform, which is changing the way airdrop campaigns are conducted, offering smarter and more precisely targeted airdrops.

It is reported that by staking GAL, users can access Galxe Earn and participate in unique airdrop events using their staked GAL tokens. This integration creates a dynamic synergy between staking and reward mechanisms, offering over 18 million active participants a more attractive and directly beneficial way to interact with the ecosystem.

Additionally, powered by Galxe Quest, Galxe Earn enables direct interaction between projects and stakeholders, such as token holders, NFT collectors, and social media followers. It allows projects to offer exclusive rewards, including whitelist spots and limited airdrop access, thereby enhancing engagement and expanding the ecosystem's reach.