Aleo Announces Token Economics, 34% Allocated to Early Backers

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% in 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.