Aptos Foundation locks 210M APT, shifts funding to staking rewards
- —210M APT locked, about 18% of circulating supply and 37% of the foundation's original allocation
- —Annual staking rewards cut from roughly 5.19% to 2.6%
- —Hard supply cap of 2.1 billion APT introduced
- —Gas fees to rise tenfold and be fully burned; about 1.9M APT burned since launch
Why it matters: The foundation stops selling tokens to fund itself, easing supply pressure, but its budget now depends on a staking rate it just voted to halve.
Source: Crypto Briefing
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