GALS meaning in Cryptocurrency ?

Answer:

Galaxy Surge Galaxy Surge ($GALS) is a community-based token that aims to reward the $GALS token holders via a decentralised smart contract distribution of 5% of all Buys & Sell transaction in BUSD. The roadmap will see Galaxy Surge implement a DAO decision structure for investing in other blockchain and crypto projects once the marketing threshold balance is exceeded.

Whilst 3% of all buy and sell transaction fees are allocated to Marketing & Operations (M&O), the Galaxy Surge Team believes that the fee allocated to M&O should have a cap. A quarterly balance cap of 1000BNB will be set for M&O. During the quarterly snapshot to be taken on the last day of the quarter, any BNB rewards balance in excess of 1000BNB in the M&O wallet will be moved to a dedicated Investment wallet where the community will vote on the decision to invest in other blockchain and cryptocurrency projects. 85% of tokens received from investing in other projects will be distributed to the top 500 holders of the GALS token. This would be implemented during the phase 2 road map.

reference

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