TechFlow reports on September 17 that according to an official announcement, the team behind Aleo, a zero-knowledge proof blockchain project, has released its mainnet token economics model. The Aleo token will serve as the network's native asset, used for paying service fees, incentivizing validators and provers, staking, and future governance. At mainnet launch, 1.5 billion tokens will be issued, with 34% allocated to early supporters, 25% to grants, ecosystem contributors, and education, 17% to employees and project contributors, 16% each to the Aleo Foundation and Provable, and 8% to strategic partners.
After token issuance, new tokens will be automatically generated by the network's consensus algorithm to reward provers solving computational tasks and stakers. Validators will receive a fixed reward of 23 tokens per block, a mechanism that will continue indefinitely. The Aleo team expects the circulating supply of tokens to grow from 1.5 billion to over 2.6 billion within the next decade, an increase of approximately 75%.
