AO rewards growth, not insiders. The majority of new AO still flows to bridged assets like stETH, DAI, and USDS. Every new dollar of liquidity earns its share through permissionless, on-chain distribution. No team allocation. No VC pre-mine. This isn’t a closed system — it’s built to expand. More capital + new users → broader distribution → stronger network. Over $213 M in deposits and growing. The door’s wide open: bridge assets, earn AO — or select PI to gain exposure to the entire permaweb stack.