Aptos Tokenomics Update: Total Supply Cap of 21 Billion, Foundation permanently locks 2.1 Billion APT

BlockBeats News, February 19th, Aptos announced that it will conduct a tokenomics update for APT, transitioning to a performance-driven token supply mechanism, pegging APT supply to network actual usage. The core proposal of this update includes: reducing staking rewards from 5.19% to 2.6%, introducing a 21 billion APT hard cap, permanently locking 2.1 billion APT in the foundation, increasing Gas fees by 10x (still remaining low at around $0.00014), with full burn, KPI-linked grants, and a potential buyback mechanism.