Aleo Announces Token Economics, 34% Allocated to Early Backers

According to BlockBeats, on September 17, 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% for employees and project contributors

16% allocated to the 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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