TechFlow reports that the zero-knowledge proof network Aleo has announced details of its incentive token distribution plan. The program aims to reward contributors who have participated in Aleo community initiatives since 2020, including categories such as ambassadors, testnet participants, miners, and developers.
Aleo stated that these incentive programs helped explore the boundaries and possibilities of Aleo's decentralized ZK technology.
Token distribution will occur in phases following mainnet launch, with the specific timeline to be announced after launch.
Eligible participants can use these tokens to deploy applications, execute transactions, and pay network fees. The claiming process includes steps such as logging into an Aleo account, locating the reward, completing KYC verification, and final confirmation.
Notably, tokens allocated to U.S. residents will be subject to a one-year lock-up period starting from mainnet launch; tokens for non-U.S. residents will also face a one-year restriction on transfer and sale.
