• Aptos eyes tokenomics overhaul to scale APT deflation The Aptos Foundation will propose a 2.1 billion token hard cap, short-term staking reward reductions, and a 10x gas fee increase. • Cointelegraph in your social feed The Aptos Foundation is proposing a significant shake-up to the dynamics of the Aptos token, announcing a range of potential policy changes designed to spur greater APT deflation. • In an Xposton Wednesday, the Aptos Foundation said it would submit several governance proposals to help transition the ecosystem away from its current subsidy-based emissions model toward a focus on “performance-driven mechanisms” and reducing APT supply. • “The Aptos network is transitioning to performance-driven tokenomics designed to align supply mechanics with network utilization,” the Aptos Foundation said, adding: One of the foundation’s proposals is to set a hard cap of 2.1 billion tokens, as APT currently has no maximum on its total supply. • The team said there are currently 1.196 billion APT in circulation. • Under the current emission structure, new tokens are continuously minted to support the ecosystem by funding things like development, grants, and staking rewards.
Article Summaries:
- The Aptos Foundation is proposing a significant shake-up to the dynamics of the Aptos token, announcing a range of potential policy changes designed to spur greater APT deflation. In an X post on Wednesday, the Aptos Foundation said it would submit several governance proposals to help transition the ecosystem away from its current subsidy-based emissions model toward a focus on “performance-driven mechanisms” and reducing APT supply. “The Aptos network is transitioning to performance-driven tokenomics designed to align supply mechanics with network utilization,” the Aptos Foundation said, addi
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