Aleo Announces Token Economics, 34% Allocated to Early Backers

Odaily Odaily News Programmable privacy network Aleo announced 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% is allocated to early supporters; 25% is allocated to grants, ecosystem contributors and education; 17% is allocated to employees and project contributors 16% is allocated to the Aleo Foundation and Provable; 8% is allocated to strategic partners Staking and proof rewards increase the supply of tokens in circulation by about 75% in ten years (from 1.5 billion to more than 2.6 billion). The inflation rate will gradually decrease from 13.5% in the first year to 1.6% in the tenth year.