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📰 【Aptos Releases Tokenomics Update, Staking Reward Rate Reduced to 2.6% and Gas Fees Increased】
BlockBeats News, April 14th, Aptos announced a tokenomics update. The main adjustments include: staking annual reward rate decreased from 5.19% to 2.6%; Gas fees increased tenfold (transfer costs for stablecoins remain low at about $0.00014); after the launch of Decibel DEX, on-chain transaction volume and Gas fee burns will significantly increase, with an estimated annual burn of over 32 million APT; the protocol-level hard cap on total supply set at 2.1 billion APT; the Aptos Foundation will permanently lock and stake 210 million APT; future incentives will be milestone-triggered; exploring programmatic buyback plans.
Damn it, $APT this move is really savage! Staking yields are cut in half, Gas fees are ten times higher—obviously forcing retail investors to exit? Burning tokens and hyping up the pie, the foundation locking up tokens to earn passively, and all the benefits are being gobbled up by the big whales, right? Folks, this wave of slaughter is faster than a damn electric fan! 👇👇👇👇👇