ZK verification layer Aligned Layer announces ALIGN token economics: 44% allocated to the community and ecosystem
<PANews> on December 11, announced that Aligned Layer, a ZK verification layer based on EigenLayer, has announced that its first product, the Proof Verification Layer, has entered the mainnet Beta phase, and released the $ALIGN token plan. In addition, Aligned also released detailed information about the $ALIGN token, with a total supply of 10 billion and an initial circulating supply of 30%. The tokens will be used to pay for verification fees (on-demand or subscription model) and dual staking to ensure network security. The token allocation is 44% for the community and ecosystem, 10% for the foundation, 23.5% for the team, and 22.5% for investors.
The Aligned team stated that they will launch more products in the future, including the Proof Aggregation Layer and zk-powered bridge services, and have already collaborated with more than 30 projects to promote the application and development of zk technology.
Previously, the decentralized ZK proof verification layer Aligned Layer completed a $20 million Series A funding round, led by Hack VC.
[Aligned Layer, the ZK verification layer, announces the ALIGN token economics: 44% allocated to the community and ecosystem]