Aligned Layer announces the ALIGN token economic model: total supply of 10 billion tokens, initial circulation of 30%

ChainCatcher news, based on EigenLayer, has announced the economic model of the token ALIGN for the decentralized zero-knowledge proof verification layer targeting Ethereum by the Aligned Layer Foundation. The total supply of ALIGN is 10 billion tokens, with an initial circulating supply of 3 billion tokens (i.e., 30%), most of which will flow to the community to incentivize early work and contributions. The specific allocation plan for ALIGN is as follows:

• Ecosystem and community: 44%;
• Foundation: 10%;
• Team: 23.5%;
• Investors: 22.5%.

Previous news, Aligned Layer completed a $2.6 million seed round financing, led by Lemniscap. On April 25, Aligned Layer completed a $20 million Series A financing, led by Hack VC.