Aleo Announces Tokenomics: 1.5 Billion Tokens at Mainnet Launch

ChainCatcher reports that Aleo, the programmable privacy network, has unveiled its tokenomics. At mainnet launch, there will be 1.5 billion Aleo tokens in circulation. After mainnet launch, the consensus algorithm will automatically generate tokens to reward provers and stakers.

Here's the breakdown:

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

Staking and proving rewards will increase the circulating token supply by approximately 75% 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.