Arweave AO: AO token minting has been launched, and users can obtain AO by holding AR.
On June 14th, Arweave AO tweeted that AO token minting has been launched, and AR holders have started to receive AO. Before the launch of the cross-chain bridge reward on June 18th, 100% of the minted AO tokens will be awarded to AR token holders. After the launch of the cross-chain bridge reward, 1/3 of the AO tokens will be distributed proportionally to AR holders, and 2/3 of the AO tokens will be distributed to users who cross-chain their assets to AO. Users can deposit stETH to receive token rewards, and more assets will be supported in the future. AO tokens will remain locked until about 15% of the supply is minted. This will happen around February 8th, 2025.