Layer 1 blockchain Aptos is proposing a major shift in its tokenomics, intended to reward long-term stakers and use transaction fees to fund token buybacks, as the APT token continues to hit new lows.
The team posted the update on X today, stating that “The Aptos network is transitioning to performance-driven tokenomics designed to align supply mechanics with network utilization.”
Through this update, Aptos aims to transition from its high-inflation, subsidy-based model to a deflationary, revenue-driven supply. The update proposes a hard cap of 2.1 billion APT, and the Aptos Foundation will permanently lock 210 million APT, worth $180 million, and use staking rewards to support network operations rather than token sales.
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