Aptos Foundation has announced a significant update to its tokenomics, shifting from an 'incentive period subsidy' to a supply mechanism linked to network utilization. The new approach aims to achieve a scenario where token burning exceeds new issuance during high-throughput application expansion. Key proposals include reducing the annualized staking rewards from 5.19% to 2.6% through governance, and initially increasing Gas fees tenfold, with all fees paid in APT and burned.
Additionally, the foundation has proposed a hard cap of 2.1 billion APT tokens at the protocol level and plans to permanently lock and continuously stake 210 million APT tokens held by the foundation. Future grants will transition to a 'performance-triggered' distribution model linked to KPIs, and the foundation will explore a programmatic buyback mechanism.
Aptos Foundation Updates Tokenomics with New Supply Mechanism
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
