Utility & economics
Here you will find a thorough overview of the technical aspects of the AZERO coin that are crucial for the functioning of the entire Aleph Zero ecosystem.
Basic metrics
AZERO is the native coin of the Aleph Zero platform and is used to secure the network through staking, pay for fees, and provide a basic unit of account between the multiple subnetworks created on the Aleph Zero platform.
Ticker AZERO
Type Utility
Circulating supply 355,950,706
Total supply 405,010,799
MAX supply 520,000,000
% Staked 25.5%
# of Wallets 283,973
Volume $642,306
Market cap $120,570,385
AZERO utility
AZERO coin is the base currency that powers the Aleph Zero ecosystem. It's used for:
1.
Validator node staking
2.
Decentralized Exchange (DEX) swap fees
3.
Aleph Zero WASM fees
4.
Aleph Zero EVM fees
5.
native coin
6.
Governance voting processes
Wallets
AZERO Economics
AZERO will be distributed across different network participants and subject
to a vesting schedule as follows:
Initial distribution
Inflation
