$ALEO
-6.66%
Why You Should Pay Attention to $ALEO > Privacy-focused Layer 1 that raised $200M in its last round at a $1.45B valuation, currently trading at a 60% discount. >Lovechild between Ethereum’s programmability and Zcash’s privacy. Developers can build various zk-focused use cases on Aleo using the Leo programming language. >Paxos Labs has announced a private stablecoin on Aleo called USDA. > Coinbase is the leading validator on Aleo. > Aleo has a network of around 170 provers delivering cost-effective zk proofs for apps. > The current proving cost for a basic zk proof is around $0.001–$0.003 (based on current Aleo price). Proving costs are paid using $ALEO. >Around 73% of the $ALEO supply is currently staked, with a staking APR of about 9%, which is quite decent. > $ALEO is part of the BNB token ecosystem and is available for trading on PancakeSwap. Not financial advice, you can lose 100% of your capital you invest just based on this post, and i know nothing about crypto.
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