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 312,657,004
Total supply 381,695,866
MAX supply 520,000,000
% Staked 52.8%
# of Wallets 245,422
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.
zkOS privacy operations fees
6.
Governance voting processes
Onramps
Wallets
Aleph Zero has obtained a no-action letter from the Swiss Financial Market Supervisory Authority FINMA.
FINMA has classified Aleph Zero’s business model as compliant with Swiss law and has stated that there are no authorization requirements under Swiss financial market law for the issuance of the AZERO coin.
This means that the legal and regulatory requirements to launch the Aleph Zero Protocol are met.
AZERO Economics
AZERO will be distributed across different network participants and subject
to a vesting schedule as follows:
Initial distribution
Inflation
