Tokenomics #
Number of maximum GALOs: 5,000,000,000
Number of total GALOs: 4,750,000,000
Initial supply: 250,000,000
The total supply of GALO (GALO) reaches 5 billion. A total of 200 million GALOs is put into circulation through a private sale process and a public ICO, which will be announced in advance, to finance the process of establishing the bank and launching all its services.
Subsequently, a public pre-sale will be held and 250 million GALOs will be put into circulation.
GALO adopts an inflationary model for network expansion. We estimate an initial inflation of around 4%, which shall be reduced with the progressive adoption and use of the network.
Liquidity will be increased through validator and staking rewards, as well as through incentive programs to attract more users and developers to the network.
Tokens will not be distributed to citizens, residents or individuals residing in countries or jurisdictions limiting the purchase of tokens. This may include China, the United States or other jurisdictions.
