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.

The Initial Circulating Supply was set at 160M AZERO. The current total supply of AZERO is available on Subscan, labeled “total issuance.” After the Aleph Zero community voted in mid 2024, an exponentially decreasing annual rate of inflation was chosen. 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