【Market News】Aptos Foundation announces permanent lockup of 210 million $APT
It is reported that on October 8, the Aptos Foundation announced that it would permanently lock up 210 million APT tokens held under its custody, no longer selling or distributing them, thereby reducing potential supply that could flow into the market in the future. These tokens will be used for staking to support network security. The staking rewards generated will be used for the foundation’s day-to-day operations rather than withdrawing the principal. However, this is not a burn: the tokens still exist on the network and continue to generate rewards, only the principal is no longer circulated. It is reported that in the early stages of the Aptos network’s launch, the foundation held about 37% of the APT supply.
#Aptos #Staking
（Source: X）
⚠️Risk Warning: The above is for sharing market information and does not constitute investment advice. Investing involves risk; proceed with caution when entering the market.
It is reported that on October 8, the Aptos Foundation announced that it would permanently lock up 210 million APT tokens held under its custody, no longer selling or distributing them, thereby reducing potential supply that could flow into the market in the future. These tokens will be used for staking to support network security. The staking rewards generated will be used for the foundation’s day-to-day operations rather than withdrawing the principal. However, this is not a burn: the tokens still exist on the network and continue to generate rewards, only the principal is no longer circulated. It is reported that in the early stages of the Aptos network’s launch, the foundation held about 37% of the APT supply.
#Aptos #Staking
（Source: X）
⚠️Risk Warning: The above is for sharing market information and does not constitute investment advice. Investing involves risk; proceed with caution when entering the market.