Aptos updates token economy model, with supply cap set at 2.1 billion tokens

Aptos announces an update to the APT token economic model, with major adjustments including: 1 The annualized pledge reward rate has decreased from 5.19% to 2.6%, incentivizing long-term stakers; 2. Gas fees increase by 10 times, and stablecoin transfer fees are approximately $0.00014; 3. Introduce a deflationary mechanism, and trading activities will destroy APT; 4. The maximum supply of fixed tokens is 2.1 billion; 5. The foundation permanently locks in 210 million APTs; 6. Grant issuance is linked to performance and must be realized after achieving key milestones; 7. Launch a programmatic repurchase plan to repurchase APT based on market opportunities.