Aleo Announces Token Economics, 34% Allocated to Early Supporters
Article is form Jinse
September 17, 2024
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Aleo Announces Token Economics: 1.5 Billion Tokens at Mainnet Launch
On September 17th, Aleo, the programmable privacy network, unveiled its token economics. At mainnet launch, there will be 1.5 billion Aleo tokens. After mainnet launch, the consensus algorithm will automatically generate tokens to reward validators and stakers. The distribution breakdown is as follows:
- 34%: Early supporters
- 25%: Grants, ecosystem contributors, and education
- 17%: Employees and project contributors
- 16%: Aleo Foundation and Provable
- 8%: Strategic partners
Staking and validation rewards will result in an approximate 75% increase in circulating token supply over ten years (from 1.5 billion to over 2.6 billion). The inflation rate will gradually decrease from 13.5% in the first year to 1.6% in the tenth year.
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