$ALIGN Token Launches with Aligned's Full Ethereum Stack
Aligned has launched its native token, $ALIGN, as part of its full Ethereum stack. The project aims to simplify financial product development on Ethereum by providing a one-click solution for wallets, rollups, interoperability, and zero-knowledge services.
Currently, less than 1% of the world's assets are on-chain, with most residing on Ethereum in the form of stablecoins, tokenized treasuries, and wrapped assets. However, building on top of these is still a complex process due to the lack of standardization.
Aligned seeks to change this by providing a single integration for users to access various services, eliminating the need for multiple vendors and reducing the time spent integrating different systems. The project has already launched its Wallet-as-a-Service MVP, with Proof Aggregation Service live on mainnet alpha and Rollup-as-a-Service, LambdaVM, and interoperability protocol in development.
The $ALIGN token will be used to pay for services across the Aligned stack, including Proof Aggregation, Wallet-as-a-Service, and more. With a fixed supply of 10 billion tokens and an initial circulating supply of approximately 16%, the tokenomics outline the full allocation and Genesis airdrop.