727 FinancePANews October 9 news: Aptos posted on X platform that the Aptos Foundation has committed to lock and permanently stake 210 million APT, accounting for approximately 37% of the APT it held at the time of its mainnet launch. These tokens will never be sold or distributed, and the foundation's operations will be supported by the staking rewards they generate, rather than by selling locked tokens. According to the previously announced tokenomics update, Aptos also proposed setting a supply cap of 2.1 billion APT, lowering the staking reward rate, and increasing Gas fees.
PANews October 9 news: Aptos posted on X platform that the Aptos Foundation has committed to lock and permanently stake 210 million APT, accounting for approximately 37% of the APT it held at the time of its mainnet launch. These tokens will never be sold or distributed, and the foundation's operations will be supported by the staking rewards they generate, rather than by selling locked tokens. According to the previously announced tokenomics update, Aptos also proposed setting a supply cap of 2.1 billion APT, lowering the staking reward rate, and increasing Gas fees.