Not bad, $APT continues to delight today 🎉 I think the best is still ahead. But it’s already looking good:
1. Hard cap on issuance: A maximum total supply of 2.1 billion APT tokens has been introduced. Previously, the coin had no fixed limit 👍
2. Lower staking rewards: The annual yield (APY) has been reduced from 5.19% to 2.6%, significantly slowing the rate of inflation 👍
3. And the most interesting part 😀 👍
Lockup of 210 million $APT : The foundation has permanently locked up and staked 210 million APT (about 18% of the current supply). These tokens will never be sold on the market, and the rewards will go toward the foundation’s operating expenses.
Overall, bullish! Let’s hope the coin regains its former glory!
1. Hard cap on issuance: A maximum total supply of 2.1 billion APT tokens has been introduced. Previously, the coin had no fixed limit 👍
2. Lower staking rewards: The annual yield (APY) has been reduced from 5.19% to 2.6%, significantly slowing the rate of inflation 👍
3. And the most interesting part 😀 👍
Lockup of 210 million $APT : The foundation has permanently locked up and staked 210 million APT (about 18% of the current supply). These tokens will never be sold on the market, and the rewards will go toward the foundation’s operating expenses.
Overall, bullish! Let’s hope the coin regains its former glory!