Understanding the claim process for Incentive Programs💸

📊 Since 2020, Aleo’s programs have involved the community in developing zero-knowledge (ZK) applications on the Aleo Network. These efforts have created a decentralized ecosystem with applications addressing various use cases, such as identity and DeFi, while protecting data confidentiality. Incentive programs have tested Aleo’s potential, distributing tokens to reward participants and ambassadors.

🔹After the mainnet launch, eligible participants can claim rewards in phases, with the schedule to be released. Details on eligibility, the claiming process, and support will be provided to ensure a smooth experience.

💎Who is eligible for incentive tokens?

To earn Aleo reward tokens, you must participate in programs such as the Ambassador Program, Testnet 2 and 3, Prover Incentives, and others. These tokens can be used to deploy programs, perform transactions, and pay network fees. Note: Aleo tokens are not an investment and do not provide economic benefits or ownership rights in Aleo.

⚡️How to claim your incentive tokens

To claim your Aleo incentive tokens, follow these steps:

1. Log in to your Aleo account using either Wallet or Signature, ensuring you have your address and private key ready.
2. Navigate to the claims page to locate your earned tokens; ensure the entered address or email matches the claims.
3. Complete KYC verification through Persona by uploading a government-issued ID, proof of address, and a live selfie.
4. Agree to the distribution terms, review lockup requirements, and finalize your claim to receive the tokens. Double-check all details and terms before completing the process to avoid issues.

💥Understanding claim status and lockup

Once an application for Aleo tokens is completed, it goes through several stages: On Hold, Submitting, Waiting to Unlock, Waiting to Payout, Transaction in Progress, and Payout Complete. A lockup period delays the transfer of tokens until a set date, depending on the category, country of residence, and other factors. For residents of the United States and other countries, there is a mandatory lockup period of one year from the mainnet launch, during which tokens cannot be transferred or sold. If you have any questions, you can contact support via Discord, email, or check out the FAQ on the Aleo website. The Aleo team is committed to rewarding network participants and supporting the continued development of Zero-Knowledge technology.

For more details, check our official announcement and continue exploring Aleo’s technology!