PANews reported on December 11 that the EigenLayer-based ZK verification layer Aligned Layer announced that its first product, Proof Verification Layer, has entered the mainnet Beta phase and released the $ALIGN token plan. In addition, Aligned also released detailed information on the $ALIGN token, with a total supply of 10 billion and an initial circulation of 30%. The token will be used to pay for verification fees (pay-as-you-go or subscription model) and double staking to ensure network security. The token distribution is 44% for the community and ecosystem, 10% for the foundation, 23.5% for the team, and 22.5% for investors.
The Aligned team said that it will launch more products in the future, including Proof Aggregation Layer and zk-powered bridging services, and has cooperated with more than 30 projects to jointly promote the application and development of zk technology.
Earlier news, the decentralized ZK proof verification layer Aligned Layer completed a US$20 million Series A financing, led by Hack VC.
