The decentralized token swapping protocol of the GalaChain ecosystem continues to make great strides and regular updates to its interface. Today we’re pleased to announce a handful of updates surrounding account inventory and p2p transactions beyond the standard creation and acceptance of swaps.
If you haven’t started using GalaSwap yet, it’s now easier than ever to swap any of your GalaChain tokens for $GALA. With a fee of only 1 $GALA to create or accept a swap, this is the cheapest way to swap tokens anywhere on the decentralized web. All it takes is a free Gala account and a little bit of $GALA.
Sending Tokens
In addition to accepting and creating swaps, you can now send tokens directly to other GalaChain wallets through the GalaSwap interface. This is especially useful for the abundance of Project Tokens that have been created by the community– Until this update, there has been no simple way to transfer these tokens, with the exception of distribution by the project owner and in the completion of swaps.
Now all users have the option to send any fungible token listed on the platform to any GalaChain wallet. The ability to transfer NFTs will come with a future update.
This can be accomplished in a variety of ways, including through the Send tab or the Token list view, by choosing the 3-dot menu on the right as pictured below.
Additionally, you can now easily generate a QR code to receive tokens to your GalaChain wallet, using the updated navigation menu on the left side of the page.
View Your NFT Inventory
You can also now browse your GalaChain NFT Inventory right there on GalaSwap. Soon we’ll implement the ability to trade and transfer NFTs directly from GalaSwap, but for now you can only view them.
We’re extremely excited to bring the community this new and improved GalaSwap interface, and we want to remind you that this is only the beginning. We have a lot more awesomeness in store! Thanks for being part of this community.