Arweave AO: The AO token minting is now live, users can obtain AO by holding AR

PANews reported on June 14th that Arweave AO announced on Twitter that it has launched the minting of AO tokens, and AR holders have begun to receive AO. Before the cross-chain bridge rewards start on June 18th, the minted AO tokens will be granted 100% to AR token holders. After the launch of cross-chain bridge rewards, one third of AO tokens will be distributed proportionally to AR holders, while two thirds will go to users who transfer assets across chains to AO. Users can deposit stETH for token rewards and more assets will be supported in future. The AO tokens will remain locked until approximately 15% of supply is minted which is expected around February 8th, 2025.