Aleo Announces Token Economics, 34% Allocated to Early Backers

Odaily News Programmable privacy network Aleo announces token economics, with 1.5 billion Aleo tokens available at mainnet launch. After mainnet launch, the consensus algorithm will automatically generate tokens to reward provers and stakers. Of these: 34% to early supporters 25% to grants, ecosystem contributors, and education 17% to employees and project contributors 16% to the Aleo Foundation and Provable 8% to strategic partners Staking and proof rewards increase the supply of tokens in circulation by about 75% (from 1.5 billion to over 2.6 billion) in ten years. Inflation will gradually decrease from 13.5% in the first year to 1.6% in the tenth year.