How to Claim Your Aleo Incentive Tokens: Step-by-Step Guide

04 OCT 2024
9 min read
Aleo
Guide
9 min read
Article content
What is Aleo?
What are Aleo tokens?
How to claim Aleo tokens?
Last words

Since 2020, Aleo has encouraged community participation through various incentive programs focused on developing and deploying zero-knowledge (ZK) applications. These efforts have advanced ZK technology and supported the general goals of the Aleo Network Foundation.

The token distribution for these programs rewards participants, including developers, testers, and Aleo Ambassadors, who contributed to Aleo’s growth.

If you are part of the Aleo community, it’s time to claim the rewards you’ve earned. This guide will walk you through the step-by-step process of claiming your Aleo tokens.

What is Aleo?

Aleo is a privacy-focused decentralized blockchain platform built on zero-knowledge (ZK) technology. This approach allows developers to create secure decentralized applications (dApps) without exposing user data. 

Unlike traditional blockchains, where transactions are fully visible, Aleo provides shared access to only the information necessary for verification and keeps all other information confidential.

What are Aleo tokens?

Aleo tokens are the core currency of the Aleo network. These tokens power the network’s privacy-preserving applications and allow users to interact without exposing personal data.

Key uses of Aleo tokens include:

  • Transaction Fees. Aleo Tokens are used to pay for transactions and access computational resources.
  • Governance. Token holders can vote on protocol upgrades and changes.
  • Staking. These tokens can be staked to secure the network and reward stakers.
  • Incentives. Provers and validators are rewarded in Aleo tokens for securing the network.

Today, we focus on Incentives, specifically how Aleo tokens are distributed as rewards. We’ll walk you through the process and show you how to claim your Aleo tokens. Let’s begin! 

How to claim Aleo tokens?

This guide will help you navigate the process of claiming your Aleo tokens. Follow the steps below to get your rewards. 

Step 1: Access the Claim Page

  • Go to the official Aleo claim page.
  • Tap Log in and choose your login method (either with a wallet extension or a signature). In this guide, we’ll proceed with a wallet extension.

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Step 2: Connect your wallet

  • Click Connect Wallet to link the address associated with your claim and KYC. You can also use an email for confirmation.
  • Choose Leo Wallet or Puzzle wallets and confirm the connection in the wallet pop-up window.
  • Once your wallet address is shown on the claim page, click Request Signature.

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Step 3: Sign In

  • Approve the sign in your wallet pop-up window.
  • You’ll be redirected back to the claim page. Now, click Locate.

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Step 4: Connect wallet for a claim 

  • Now, connect the wallet where you’d like to receive the tokens by clicking Connect Wallet.
  • Choose between Leo and Puzzle Wallet.
  • Sign the message in your wallet to confirm the allocation.

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Step 5: Verify Your Identity

  • After confirming the addresses, you’ll need to complete identity verification. Click Start Persona Verification.

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  • Prepare your ID, passport, residency permit, or driver’s license.
  • Select your country of residence and the type of document you will use.

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  • Upload the documents or take a photo with your camera. If you need to use another device, click Continue on Another Device.

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Step 6: Face Verification

Now, you need to approve your identity.

  • Click Get Started to approve your identity with a live photo. Position your face in the camera frame, move your face left and right to show both sides.
  • If you cannot use the camera on the device, click Continue on Another Device
  • Wait until the verification is complete.

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Step 7: Finalize the Claim

  • When verifying is complete, click Done to be redirected to the token claim page.
  • Read the Distribution Terms and Conditions.
  • When the button becomes live, tap I Agree to finalize your claim. 

Congratulations, you’ve claimed your tokens!

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Tokens claimed by participants are subject to a one-year lockup and cannot be transferred or sold during that period. But can be staked, and rewards will be claimable.

Looking to stake your Aleo tokens? Join Everstake at the address below:

aleo18xwgkgzwvzpw6yz8cdhrvrv6ztpd26zll46kd4kfcd79c9x90grsah3jug

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Now that you have received your Aleo tokens, you are ready to take the next step in supporting the Aleo network. Whether you decide to stake your tokens with us or keep them, your participation will help this project grow. 

Subscribe to Everstake and stay tuned for future updates and opportunities in the Aleo ecosystem!

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Everstake is the world's leading validator, with 735,000+ delegators across 77 blockchain networks. We stake $4.8 billion in assets and provide best-in-class staking services to institutional and retail clients.

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