Aptos announced an update to its tokenomics, with key adjustments including: staking rewards APY reduced from 5.19% to 2.6%; Gas fees increased by 10x; a hard cap on total protocol-level supply set at 2.1 billion APT; and the Aptos Foundation will permanently lock and stake 210 million APT. Additionally, the team will explore a programmatic buyback plan and estimates that over 32 million APT could be burned annually after the launch of the ecosystem DEX.