Aptos plans to set a hard supply cap of 2.1 billion APT, and commits to permanently lock and stake 210 million APT.

BlockBeats news, October 9th, according to official sources, the Aptos Foundation has announced a token economic model reform plan, aiming to push APT from a subsidy-driven model to one tied to network usage through measures such as reducing staking rewards, increasing transaction fees, and setting a hard supply cap. Specifically, this includes reducing the annualized staking reward rate from 5.19% to 2.6%, increasing transaction fees to 10 times the current level through governance proposals, and setting the total supply cap of APT at 2.1 billion tokens. Once the relevant proposals are approved without community approval, the protocol will be unable to mint tokens exceeding this cap. In addition, the foundation has committed to permanently locking and staking 210 million APT, and future ecosystem grants will be more closely tied to project performance and key milestones.

The Aptos Foundation stated that the current circulating supply of APT is approximately 1.196 billion tokens, and the four-year unlock period for early investors and core contributors will end in October 2026, with the annualized token unlock volume expected to decrease by about 60%. At the same time, the foundation expects that with the growth of on-chain transaction activity and the launch of the decentralized trading platform Decibel, the scale of network fee burning will further expand. Decibel adopts a fully on-chain trading execution model, with order submission, matching, and cancellation all completed on-chain; the foundation expects that as its number of markets increases to more than 100 next year, the annual burn volume is expected to exceed 32 million APT and further grow as transaction throughput increases. All transaction fees currently charged by the Aptos network are paid in APT and permanently burned.

In addition, the Aptos Foundation is also exploring a plan to repurchase APT through the open market, with funds potentially coming from the foundation's existing cash reserves and future revenue from licensing, ecosystem investments, and other sources. The foundation believes that after the coordinated implementation of measures such as reduced staking rewards, lower early token unlocks, increased fee burning, the permanent lock-up of 210 million APT, and potential buybacks, APT burn volume is expected to exceed new issuance, thereby pushing the token supply into a deflationary phase. Many of the above measures still need to pass governance proposals or have further implementation details developed, and the foundation expects related supply pressure to decline significantly starting in 2027.