Gala's tokenomics confuses me a little bit. On their website it says the total supply of GALA is approximately 50 Billion. However on etherscan it show the total supply being 39,306,548,883.0245601.
Additionally, 50% of the supply is allocated to Founder's Node Operators and the other 50% to Gala Games Conservatorship to support future development, growth and maintenance of their platforms.
Gala has implemented a halving schedule which came into effect starting July 21st, 2022. The daily distribution was reduced from 17,123,286 to 8,561,643 and will further decrease to 4,280,821 in 2023.
Current price is around $0.04 with 7,542,496,572.00 GALA circulating.
Furthermore, the 10,693,451,117 that hasn't been accounted for in the total supply. Does or can it affect their tokenomics/projects? If anyone has any idea I'd love to understand this better.
Sources: https://support.gala.games/series/4691021/posts/4612514-gala-tokenomics https://etherscan.io/token/0x15D4c048F83bd7e37d49eA4C83a07267Ec4203dA#tokenInfo Show Less
