The privacy public chain Aleo launches Testnet 3 incentive measures, with the initial portion used for validator incentives

2022-12-02 15:00:50

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ChainCatcher news, according to the official Twitter, the privacy public chain Aleo has announced the launch of Testnet 3 incentive measures, with an initial portion allocated for prover incentives. Aleo has reserved 25 million Aleo Credits for Testnet 3 incentives, of which 7.5 million Aleo Credits (30%) are for prover incentives.

The prover incentive period will last from December 2, 2022, 8:00 AM to January 27, 2023, 07:59 AM, or until the 7.5 million Aleo Credits are fully released, whichever comes first. The credits will be used as a payment mechanism for the Aleo mainnet and can be exchanged at a ratio of 5:1 when the mainnet goes live.

In a previous announcement in August, the privacy public chain Aleo stated that Testnet 3 would be launched in three phases, with the first phase aimed at developers already initiated. The second phase aimed at provers was launched in September. This incentive measure is the third phase of the launch of Aleo Testnet 3. (source link)

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Privacy Public Chain Aleo

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