Smart contracts used
Last updated
Last updated
The GALLUX project utilizes various smart contracts to enable different functionalities within its ecosystem. Here are a few examples of the smart contracts used in the GALLUX project:
Governance Smart Contracts: These contracts facilitate the decentralized governance of the GALLUX platform. They enable community members to vote on proposals, such as game listings, platform upgrades, or changes to protocol parameters. The governance smart contracts ensure transparent decision-making and allow stakeholders to actively participate in shaping the direction of the ecosystem.
Token Smart Contracts: GALLUX has its native token, known as GALLUX ($GLX). Token smart contracts handle the issuance, distribution, and management of $GLX tokens. These contracts define token transfer rules, allow for the creation of new tokens, and govern token-related functionalities such as staking, rewards, and incentives within the ecosystem.
Gaming Smart Contracts: GALLUX incorporates smart contracts specifically designed for gaming applications. These contracts define the rules, mechanics, and interactions within each game built on the GALLUX platform. They handle various aspects of gameplay, including item ownership, in-game economies, rewards, and virtual asset management.
Escrow Smart Contracts: GALLUX employs escrow smart contracts to facilitate secure and trustless transactions between users. These contracts hold assets in escrow until certain conditions are met, ensuring that both parties fulfill their obligations before the transfer of tokens or assets occurs. Escrow smart contracts provide an added layer of security and fairness in peer-to-peer transactions.
Random Number Generator (RNG) Smart Contracts: To ensure fair gameplay and unbiased outcomes, GALLUX employs RNG smart contracts. These contracts utilize cryptographic techniques and secure random number generation algorithms to generate unpredictable and tamper-proof random numbers. RNG smart contracts are crucial for gaming applications, such as determining game outcomes, generating loot drops, or conducting random events.
These are just a few examples of the smart contracts used within the GALLUX project. The specific smart contracts employed may vary depending on the functionalities and features offered by the platform. The GALLUX team continuously explores and develops innovative smart contract solutions to enhance the gaming experience and promote a thriving ecosystem