Bullish
Aptos burns 159,600 APT in 30 days, signaling deflationary tokenomics shift.
Over the past 30 days, Aptos has burned 159,600 APT tokens, contributing to a cumulative burn of 1.8 million APT since the mainnet launch. This aligns with the network's recent tokenomics overhaul, which includes a 2.1 billion APT supply cap, a tenfold increase in gas fees, and a reduction in staking rewards from 5.19% to 2.6%. These measures aim to create a deflationary environment by reducing token emissions and increasing burns.
Key points
- Aptos burns 159,600 APT in 30 days, signaling deflationary tokenomics shift.
- Aptos Foundation commits over $50 million to ecosystem projects, including AI.
- Aptos Foundation and Labs commit $50 million to blockchain ecosystem growth.
Sources
AI-generated from public news sources. Not financial advice.
