Wu said that the Aptos Foundation has released an update to its tokenomics, shifting from a "guidance period subsidy" to a "network utilization-based" supply mechanism. The goal is to achieve "burning that exceeds new issuance" during high-throughput application expansion. Key points of the proposal include: proposing to reduce staking rewards from an annualized 5.19% to 2.6% through governance; initially increasing Gas fees by 10 times (Gas paid in APT and fully burned); proposing a protocol-level hard cap of 2.1 billion APT tokens, with the foundation permanently locking and continuously staking 210 million APT; future Grants will be tied to KPIs with a "performance-triggered" distribution, and exploring a programmatic buyback mechanism.
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Wu said that the Aptos Foundation has released an update to its tokenomics, shifting from a "guidance period subsidy" to a "network utilization-based" supply mechanism. The goal is to achieve "burning that exceeds new issuance" during high-throughput application expansion. Key points of the proposal include: proposing to reduce staking rewards from an annualized 5.19% to 2.6% through governance; initially increasing Gas fees by 10 times (Gas paid in APT and fully burned); proposing a protocol-level hard cap of 2.1 billion APT tokens, with the foundation permanently locking and continuously staking 210 million APT; future Grants will be tied to KPIs with a "performance-triggered" distribution, and exploring a programmatic buyback mechanism.