Aleo Announces Token Economics, 34% of Tokens Allocated to Early Supporters
Article is form followin
September 17, 2024
This article is translated by ChatGPT Show original
Aleo Announces Tokenomics
Foresight News reports that Aleo, the programmable privacy network, has announced its tokenomics. The initial supply will be 1.5 billion tokens. After mainnet launch, the consensus algorithm will automatically generate tokens to reward validators and stakers.
Token Distribution:
- 34%: Early supporters
- 25%: Grants, ecosystem contributors, and education
- 17%: Employees and project contributors
- 16%: Aleo Foundation and Provable
- 8%: Strategic partners
Inflation and Token Supply:
Staking and validator rewards will lead to an increase in the circulating token supply of approximately 75% over ten years, rising 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.
Source
1. Disclaimer: The views expressed are solely those of the author and do not reflect the stance of Gen3. They are not intended as investment advice.
2. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as investment or other advice.