COINNEWSAptos Foundation Proposes Locking 210 Million APT Tokens
The Aptos Foundation has initiated a process to change the tokenomics of its native asset, APT. The plan involves blocking and staking a significant portion of the coins to stabilize the market.
Plans for Review
The Aptos Foundation intends to permanently block and stake 210 million APT tokens. This accounts for nearly 18% of the current total coin supply in the market.
Operation Funding Mechanism
Operations will be conducted exclusively using accumulated staking rewards. The Foundation does not plan to sell tokens to fund these actions, which eliminates price pressure through direct sales.
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