Arweave AO will issue AO tokens, and the token economics will be announced on June 13

Golden Finance reported that the hyper-parallel computer project Arweave AO will issue the token AO, which will be 100% fair sale, with zero pre-mining, zero pre-sale, zero discounts, etc. Each token will be minted by bridging AO and holding AR. The total number is 21 million, with a 4-year halving cycle. The token economics and creation event are scheduled for 11:00 EST on June 13, and a new non-profit organization will launch AO based on this mechanism. Note that users in the United States and sanctioned jurisdictions will not be able to mint AO tokens through the bridge network.