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  • WELCOME TO ALEPH ZERO
  • EXPLORE
    • About Aleph Zero
    • AlephBFT Consensus
    • The Economy of Aleph Zero
    • Where to Buy AZERO
    • Decentralized Governance on Aleph Zero
    • Ecosystem
    • Aleph Zero Foundation Treasury Management
    • Community
    • Glossary
    • Audit & Research Papers
  • USE
    • Wallets
    • Explorer
    • Ledger
    • Telegram Notifications
    • Aleph Zero Signer
      • General introduction
      • What does Signer do?
      • What are Sub-accounts and Sub-account paths?
      • Why is it critical to store your Secret Phrase in a safe place?
      • How to forget and restore accounts?
      • What are Networks?
      • What are Trusted apps?
    • Dashboard
      • Dashboard basics
      • Overview
    • Stake
      • Staking Basics
      • Staking Menu Overview
      • How to Start Staking with the Aleph Zero Dashboard
      • How to Start Staking With the Developer Wallet
      • How to start staking using Ledger hardware wallet
      • How to Change Nominations
      • How to Stop Staking
      • Staking Rewards
      • Validators
      • Commission and Foundation Nodes
      • Proxy Accounts
    • Validate
      • Validating Overview
      • Hardware requirements
      • Running an Aleph Node on Testnet
        • Downloading and running the node
        • Verifying your setup
        • Customizing your setup
        • Building and running from source [advanced]
          • Building from source
          • Set environment variables
          • Download DB snapshot
          • Running the binary
        • Appendix: Ports, addresses, validators, and archivists
      • Running an Aleph Node on Mainnet
        • Running the node
        • Building and running from source [advanced]
      • Setting your identity
      • Making the node validate
      • Securing your validator
      • Troubleshooting
      • Elections and Rewards Math
      • Testnet Validator Airdrop
      • Foundation Nomination Program
    • Using the EVM-layer
    • Governance
      • Token
      • Multisig Accounts
  • BUILD
    • Aleph Zero smart contracts basics
      • Setting up a Testnet account
      • Installing required tools
      • Creating your first contract
      • Deploying your contract to Aleph Zero Testnet
      • Extending your contract
    • Cross contract calls
      • Using references
      • Using dynamic calls
    • Migrating from Solidity
    • Writing e2e tests with ink-wrapper
    • Aleph Zero Signer integration
    • Front-end app: smart contract interaction
    • Security Course by Kudelski Security
      • ink! Developers Security Guideline
      • Lesson 1 - Getting started with ink!
      • Lesson 2 - Threat Assessment
      • Lesson 3 - Integer Overflow
      • Lesson 4 - Signed-integer
      • Lesson 5 - Role-Based Access Control
      • Lesson 6 - Address Validation
      • Lesson 7 - Smart Contract Control
    • Development on EVM-layer
  • PROTOCOL DETAILS
    • Shielder
      • Overview
      • Design against Bad Actors
      • Preliminaries - ZK-relations
      • Notes and Accounts
      • ZK-ID and Registrars
      • Anonymity Revokers
      • PoW Anonymity Revoking
      • Relayers
      • Deterministic Secret Management
      • SNARK-friendly Symmetric Encryption
      • SNARK-friendly Asymmetric Encryption
      • Cryptography
      • Token shortlist
      • User Wallet
      • Versioning
      • PoC
      • Version 0.1.0
      • Version 0.2.0
    • Common DEX
      • Common Whitepaper - Differences
      • Dutch Auctions
  • FAQ
  • Tutorials
    • Withdrawing coins from exchanges
      • How to withdraw your AZERO coins from KuCoin
      • How to withdraw your AZERO coins from MEXC Global
      • How to withdraw your AZERO coins from HTX
  • Setting up or restoring a wallet
    • How to set up or recover your AZERO account using Aleph Zero Signer
    • How to set up or recover your AZERO account using the official mainnet web wallet
    • How to set up or recover your AZERO account using Nova Wallet
    • How to set up or recover your AZERO account using SubWallet
    • How to set up or recover your AZERO account using Talisman
  • Staking
    • How to stake via a direct nomination using the Aleph Zero Dashboard
    • How to stake via a nomination pool using the Aleph Zero Dashboard
    • How to destroy a nomination pool via the Aleph Zero Dashboard
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  1. EXPLORE

The Economy of Aleph Zero

Tokenomics are a crucial element that can make or break a project. Read on to learn about the solutions Aleph Zero pursued to create an economically viable ecosystem.

PreviousAlephBFT ConsensusNextWhere to Buy AZERO

Last updated 6 months ago

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The Initial Circulating Supply was set at 160M AZERO. The current total supply of AZERO is available on , labeled “total issuance.” After the Aleph Zero community voted in mid 2024, . This came into effect on October 14th, 2024. For the first year, 27M coins will be emitted and this number will be reduced every year until the community-agreed max supply (520M coins) is reached. 10% of the emitted coins go to the ecosystem growth fund and 90% distributed to the nominators.

The history of AZERO

During the pre-seed funding round in 2018, the project issued AZERO coins to contributors via a Simple Agreement for Future Tokens (SAFT) basis at $0.04 and distributed 16,667% of the coins. Approximately 50% of these coins were unlocked at the Token Generation Event (TGE, or mainnet launch in other words), with the remaining 50% vested for 15 months.

The seed round resulted in 16,667% of the coins being distributed, with the difference that 71,42% were unlocked at TGE and 28,57% were vested for a period of 6 months. For this round, the tokens were priced at $0.057.

A special Early Community round distributed 5% of the tokens. These tokens in their entirety were vested for a period of between 14-64 days following the mainnet launch. For the duration of this round, the tokens were valued at $0.07.

The public presale that occurred next resulted in the further distribution of 18,33% of the total token supply. These coins were vested for a period of 12 months.

Finally, the public sale that took place in 2021 was priced at $0.10 per coin (150% higher than the pre-seed price). All of the coins distributed in this round have been unlocked upon TGE.

Learn more about the role of inflation in Aleph Zero
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an exponentially decreasing annual rate of inflation was chosen