PANews reported on May 30 that Arweave AO, the Arweave public testnet, said on the X platform that AO will issue its own tokens and adopt 100% fair issuance. Each token will be minted by cross-chain to AO, holding AR or construction. There are 21 million AO tokens in total, with a 4-year halving cycle. The token economics and creation event are scheduled for 23:00 on June 13, Beijing time, and a new non-profit organization will launch AO according to this mechanism.

NOTE: Users in the US and sanctioned jurisdictions will not be able to mint AO tokens via the bridge network.