Arweave AO Protocol: A decentralized open-access supercomputer

The AO Computer is an actor-oriented machine that spawns a network of nodes that adhere to its core data protocol, running on the Arweave network.

The AO computer is a single, unified computing environment (single system image) hosted on a set of heterogeneous nodes in a distributed network. This forms a massive, scalable computer where users can interact with any process, thus facilitating a highly collaborative ecosystem.

AO aims to provide an environment where any number of parallel processes can reside and be coordinated through an open messaging layer. This messaging standard connects the independently running processes of a machine into a "network", just like websites run on independent servers but are connected by hyperlinks into a cohesive, unified whole.

Simply put, when processing tasks, AO can assign tasks to different node computers for independent execution, and then collaborate through the AO network. For ETH, each node must perform the same process, and even if some of the nodes have completed the task, they still need to wait for other nodes to complete before executing the next task.

After the launch of AO, Arweave re-entered people's field of vision, and this round of bull market also rose from the bottom 3.7U to the highest 49.55U. Some people define it as the computing layer of AI, and Grayscale also classifies $AR as a token of the AI ​​sector.

Grayscale Q3 Market Research Link: https://www.grayscale.com/research/market-commentary/grayscale-research-insights-crypto-sectors-in-q3-2024

AO Token

AO tokens are not yet listed and are in the fair distribution phase. The tokens will be transferable after approximately 15% of the total token supply has been minted, which is expected to be around February 8, 2025.

$AO @aoTheComputer has a maximum supply of 21 million and follows a four-year halving cycle, similar to Bitcoin.

Since the launch of the AO testnet on February 27, 2024, 1.03 million tokens have been distributed as retroactive rewards.

There will be no pre-allocation, pre-sale or any form of sale of AO, nor any priority access. 100% of the tokens will be provided to the community in one of two ways.

1. Holding AR and CRED tokens

1. Hold AR Tokens

36% of the total supply will be distributed to AR token holders over time

Starting from February 27, 2024, until June 13, 2024, each AR token will receive 0.016 AO tokens airdropped.

If you hold AR now, new AO tokens will be minted every 5 minutes. For every 100 $AR held over the next 12 months, you can get 1.6 $AO.

2. Hold CRED tokens

Testnet users' reward $CRED tokens will be allowed to be exchanged for $AO at a 1000:1 ratio. The remaining 64% of the total supply of assets bridged to the AO network will be distributed as rewards for driving the economic growth of the ecosystem, bridging assets from other networks and using them within the AO network.

On June 18, 2024, the pre-bridge will facilitate the transfer of staked assets from Ethereum (stETH) to AO, with the staked tokens remaining on their native network until AO enters the mainnet. Users will receive derivative tokens representing their bridged assets that can be used throughout the AO ecosystem while passively minting AO tokens.

For example, bridged stETH will receive aoETH in the AO network. During this period, users can withdraw their staked assets at any time, but once withdrawn, their AO token minting will stop.

So currently there are only two ways to get AO tokens:

1. Purchase AR and transfer it to Arweave wallet.

2. Obtain stETH and bridge it to the AO network. (Currently TVL is 377 million US dollars, 125,883 million ETH, which is quite high)

Get stETH: https://stake.lido.fi/

Staking website: https://ao.arweave.dev/#/mint/ethereum/

Ecological Projects

Cross-chain bridge: @aox_xyz

DEX：@ar_swap

DEX：@Permaswap

A decentralized, over-collateralized stablecoin based on AO: @AstroUSD

AI + Portfolio：@autonomous_af

Metaverse Games: @ThePermaverse

Game launch platform: @aogamesorg

MMO Games: @LlamaLandAO

Cross-chain payment protocol: @everpay_io

Decentralized Oracle Network: @0rbitco

Arweave native wallet: @arconnectio

Blockchain browser: @viewblock

Not only that, the projects in the AO ecosystem have now attracted a large number of developers to join in the construction. It is still in a very early stage, and there will be more excellent projects to look forward to in the future.