Aptos Foundation Proposes Major Tokenomics Overhaul with Supply Cap
- The Aptos Foundation plans to set a maximum supply limit of 2.1 billion APT tokens.
- Proposed changes include reducing staking rewards from 5.19% to approximately 2.6%.
- Gas fees may increase by tenfold, though they will remain competitively low.
- Currently, around 65% of the total supply, or approximately 1.19 billion APT, is circulating in the market.
- The network currently has a total value locked (TVL) of $275.9 million.
These proposed tokenomics adjustments are aimed at transitioning Aptos from an inflationary model to a deflationary one through mechanisms like token burning and increased transaction efficiency. Community feedback has been mixed, with concerns raised about potential centralization and impacts on small validators.
With the proposed changes, Aptos seeks to enhance network sustainability while addressing current supply pressures as seen with approximately 65% of its total supply already in circulation.
