Aptos Targets Deflation With 210M APT Permanently Locked
Aptos (@Aptos) is proposing one of its biggest tokenomics changes yet, including a permanent lock of 210 million aptos:native.
This makes up almost 18% of the existing number of tokens.
Meanwhile, staking rewards will be reduced from 5.19% to 2.6%, and transaction fees may soar ten times.
The main purpose is to achieve the situation where the burns of the tokens will outnumber the issuance, especially via Decibel exchange.
A 2.1 billion APT supply cap and potential buybacks are also on the table.
The proposals still need approval.
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