Gravity Alpha Mainnet Launch: A New Era of Chain Abstraction and User Experience for Web3 Explorers
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Aug 20, 2024
Company
Author
Gravity
We're thrilled to announce the launch of Gravity Alpha Mainnet, an important milestone in our quest to redefine cross-chain interactions and elevate the user experience for the web3 community. After weeks of stealth mode operations, Gravity Alpha Mainnet has already executed an impressive number of transactions, and we're on track to achieve an estimated 40 million transactions in the first month. This positions us among the top blockchains by transaction volume and user activity.
A New Era of Efficiency and Scalability
Built on the powerful Arbitrum Nitro stack and harnessing the combined capabilities of Galxe, Conduit, and Celestia, Gravity Alpha Mainnet offers a more efficient, scalable, and secure way to manage complex cross-chain interactions. With seamless compatibility with Ethereum, we're minimizing friction and maximizing potential.
Setting the Stage for Gravity Mainnet
Alpha Mainnet is more than just a launch; it's a proving ground for challenging the limits of cross-chain settlements. Once complete, Alpha Mainnet will merge seamlessly into Gravity Mainnet, featuring a high-performance Proof-of-Stake Layer 1 blockchain with Block-STM-based parallel EVM and sub-second finality.
Upgrading the Galxe Infrastructure
With Gravity Alpha Mainnet, we're supercharging the Galxe ecosystem, delivering a decentralized, interoperable platform designed to empower projects to tackle scalability challenges head-on.
Upgrade Highlights:
Fully Onchain Questing: As Galxe Quest moves to Alpha Mainnet, all rewards—be it loyalty points, token raffles, NFTs, or Galxe OATs—will be fully onchain and tokenized. This means you can trade, transfer, and track everything with complete transparency. Plus, you can use G or your Smart Savings balance to cover gas fees and claim rewards across all quests on Galxe Quest.
Smart Savings: Powered by Latch, Smart Savings now lets you pay Gravity gas fees with your Galxe ecosystem balance. Enjoy a smoother journey with chain-agnostic gas payments, yield-bearing structures, quick liquidity, and the ability to withdraw 100% of your balance.
G Token: The G token is now the native gas token of Gravity Alpha Mainnet, and it’s more than just fuel for transactions. It powers governance decisions, incentivizes growth, and enables payments across both the Gravity and Galxe ecosystems. Whether you’re staking, trading, or simply exploring, G is your key to the kingdom.
G Staking: With the migration from GAL to G complete, G Staking is live on Gravity Alpha Mainnet! GAL holders have transitioned to G on both Ethereum and BNB Chain, and now G holders can enjoy exclusive rewards through Galxe Quest, participate in governance, and support the long-term sustainability of the network.
But that’s just the beginning. The Galxe ecosystem will continue to evolve and integrate with Gravity Alpha Mainnet in the coming months. Here’s what’s on the horizon:
Looking Ahead:
Upgraded Smart Savings with Liquid Staking & DeFi: Smart Savings will evolve into a liquid staking solution, unlocking even greater potential in DeFi. You’ll be able to mint yield-bearing liquid staking tokens (“atUSD” and “atETH”) on Gravity and use them across the DeFi ecosystem to enhance liquidity and asset efficiency.
Galxe Passport & Score Migration: We’re taking security and privacy to the next level. Galxe Passport and Galxe Score will be migrated to Alpha Mainnet, allowing them to tap into advanced cross-chain functionalities that enhance their utility across web3 platforms.
Galxe Identity Protocol Onchain Utilities: To bolster security even further, the Galxe Identity Protocol will go live on Gravity. This will introduce enhanced onchain utilities like credential metadata management, issuer identity management, and proof verification functions.
And here’s a little bonus for you: From August 20th, 2024 to September 20th, 2024, all Galxe Quest users can enjoy up to 30 gas-free transactions on Gravity Alpha Mainnet.
About Galxe
Galxe is a decentralized super app and web3’s largest onchain distribution platform. Through its robust infrastructure and product suite of modular AI, digital identity, and blockchain technologies — Quest, Passport, Score, Compass, and Alva — Galxe supports the development of advanced, user-friendly web3 applications with an emphasis on secure and self-sovereign digital identity management. The recent introduction of Gravity, a layer 1 omnichain leveraging Galxe’s infrastructure, enables developers to tap into Galxe’s 20 million users and create new products that help onboard the world to web3.
About Gravity
Gravity is a Layer 1 blockchain designed for mass adoption and an omnichain future. Its approach abstracts the technical complexities of multichain interactions, integrating advanced technologies like Zero-Knowledge Proofs, state-of-the-art consensus mechanisms, and restaking-powered architecture to ensure high performance, enhanced security, and cost efficiency. Gravity serves the 20 million users in Galxe’s ecosystem, delivering a seamless and inviting experience to web3’s largest onchain distribution network.