Aleo (ALEO)
Unlock Schedule
Aleo (ALEO) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the Aleo (ALEO) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence ALEO price performance.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
ALEO is the native token. It pays for execution and storage, secures the network through staking, and compensates participants who contribute proving and validation services. At mainnet launch, the initial supply was 1.5 billion tokens. Rewards to validators and provers increase the supply over time, with the monetary base projected to grow to a little over 2.6 billion within the first decade as emissions step down from roughly 13.5% in year one to about 1.6% by year ten. The base block reward is set per block, and puzzle rewards are shared pro‑rata among provers who contribute valid solutions for that block. (aleo.org)
The initial allocation outlined by the Foundation provides:
- 34% to early backers,
- 25% for grants, ecosystem contributors, and education,
- 17% to employees and project contributors,
- 16% split between the Aleo Foundation and Provable (the core engineering company),
- 8% to strategic partners. (aleo.org)
Independent research summarized an additional detail: initial allocations were subject to a one‑year lockup, with certain categories vesting over two more years. As the network matures, staking and proving rewards naturally shift ownership toward active participants who run infrastructure or delegate stake. (messari.io)
In day‑to‑day use, ALEO serves three main purposes:
- Fees: pay for executing programs and storing state.
- Security: stake with validators (directly or by delegation) to help secure the network.
- Incentives: earn rewards for validating and for solving PoSW coinbase puzzles as a prover. (developer.aleo.org)
Assumptions
- Supply is inflationary and effectively uncapped.
Validator base rewards continue indefinitely; ARC-0042 targets ~5% annual staking issuance, plus ongoing coinbase rewards for provers/validators.
- Genesis allocations are subject to a 1-year lock from mainnet; investors, strategic partners, and foundation modeled with an additional 24-month linear vest.
Aleo mainnet FAQ confirms 1-year lock; 24-month post-lock vest derived from secondary research (Messari) due to absence of a detailed official vesting post.
- Pre-ARC-0042 validator base rewards modeled at 23 ALEO per block assuming 10s average block time.
Official tokenomics post cites 23 tokens/block; average block interval not fixed; 10s used as common reference in ARC-0042 discussion.
- Post-ARC-0042 validator base rewards computed at ~5% of average supply per year, apportioned monthly.
ARC-0042 on governance site provides the formula for staking rewards as a function of time between blocks with an annual 5% target.
- Prover (coinbase) rewards decrease by ~10% annually through Year 9, then remain fixed at the Year 9 baseline; Year 1 level calibrated to explorer totals.
Aleo Tokens page and developer docs describe 10% annual decay until Year 9; Year 1 amount back-solved from explorer 'Total Puzzle Reward' observed on 2025-10-22.
- Validator coinbase share equals 1/3 of total coinbase; implemented as 50% of the modeled prover reward each year.
Developer docs specify coinbase split of 2/3 to provers and 1/3 to validators.
- 1. https://aleo.org/post/announcing-aleo-mainnet/
- 2. https://aleo.org/post/introduction-to-aleo-tokenomics/
- 3. https://aleo.org/faq/
- 4. https://aleo.org/post/aleo-mainnet-faq/
- 5. https://developer.aleo.org/concepts/network/provers/
- 6. https://aleo.org/ko/aleo-tokens/
- 7. https://vote.aleo.org/p/42
- 8. https://explorer.provable.com/provers
- 9. https://messari.io/report/understanding-aleo-a-comprehensive-overview