In Brief:
- GalaChain‘s node operators voted to approve a new disinflationary emission model.
- The change replaces the gap-based system and introduces permanent token burns.
- Node operators will share 50% of gas fees, with a floor of 1.5% for ongoing rewards.
GalaChain approves disinflationary emission model
GalaChain’s node operator community has voted in favor of a new disinflationary emission model, shifting away from the previous gap-based approach. This transition is designed to streamline token management and incentivize node operator participation.
Under the approved proposal, gas fees collected on the network will be evenly distributed, with 50% allocated to node operators while the remaining half will be permanently burned. This permanent burn mechanism marks a significant change, ensuring that every token destroyed will no longer circulate while eliminating the previous minting behavior.
The emission schedule will start at 15%, featuring a 15% annual decay rate, with a guaranteed minimum emissions floor of 1.5%. This setup is intended to provide sustained rewards for node operators over the long term. Initial rewards on day one are expected to increase based on current estimates, alongside a continuous fee-sharing model.
The community vote concluded on April 30, 2026, signaling a new direction for the network. Following this approval, GalaChain plans to begin implementing the details, with further updates expected as key milestones are achieved.
