Introduction
If you have been following my previous blog posts you will be aware of the recent monumental price rise of the crypto token, $GALA.
$GALA is the native token for the decentralised gaming platform that is GALA Games.
Whilst the Coinbase listing has certainly been the catalyst for the huge “green candles” on the $GALA charts of late, it appears that all metaverse related coins have been enjoying impressive price rallies such as $SAND which is also up by circa 50% in the last 7 days.
The $GALA coin reached an all time high of $0.84 on the 26th November. The price did face rejection at this level and now seems to be finding support at circa $0.70.
What does this mean for GALA Games Node operators?
GALA Games node operators provide support such as bandwidth, CPU, and memory etc. to the GALA network in a decentralized manner. In return for their support to the network, node operator receive daily rewards in the form of $GALA.
At present, node owners are receiving around 300 $GALA per day providing their node is online for at least 6 hours a day.
At a price of $0.70, this equates to daily earnings of $210 (300 x $0.70), which is just over $6k per month, or $6,300 to be precise ($210 x 30).
How is the daily distribution of GALA calculated?