AO token distribution in one article

AO @aoTheComputer has a maximum supply of 21 million tokens 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 the following two ways.

1. Hold 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, each AR token will receive an airdrop of 0.016 AO tokens as of June 13, 2024.

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

2. Hold CRED tokens

Testnet users are rewarded $CRED tokens, which will be allowed to be exchanged for $AO at a 1000:1 ratio

II. Assets bridged to the AO network

The remaining 64% of the total supply will be distributed as rewards for driving ecosystem economic growth, 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, and the staked tokens will remain on their native network until AO enters the mainnet. Users will receive derivative tokens representing their bridged assets, which can be used throughout the AO ecosystem while passively minting AO tokens. For example, bridging stETH will receive aoETH on the AO network.

During this period, users can withdraw their staked assets at any time, but once withdrawn, their AO token minting will stop.

Note: AO tokens are not yet in circulation and are in a locked state. Tokens will be transferable after approximately 15% of the total token supply has been minted, which will occur around February 8, 2025.

How to get AO tokens?

1. Hold AR

2. Wait for the bridge to be opened on June 18 and cross-chain stETH