Aleo announces token economics, total 1.5 billion tokens, 34% allocated to early supporters

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According to ChainCatcher, the programmable privacy network Aleo announced its token economics. When the mainnet is launched, there will be 1.5 billion Aleo tokens. After the mainnet is launched, the consensus algorithm will automatically generate tokens to reward provers and stakers. Among them:

  • 34% allocated to early supporters
  • 25% allocated to grants, ecosystem contributors, and education
  • 17% is allocated to employees and project contributors
  • 16% allocated to Aleo Foundation and Provable
  • 8% allocated to strategic partners

Staking and proof rewards will increase the circulating supply of tokens by approximately 75% over ten years (from 1.5 billion to over 2.6 billion). Inflation will gradually decrease from 13.5% in the first year to 1.6% in the tenth year.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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