We’ve just covered the tech behind @Aptos_Network on @TheOasisLabs.
Check it out if you would like to learn more about what makes #Aptos tick! ⏰
Today we're gonna take a look into the Tokenomics of Aptos!
Read below to learn more 🧵👇🏻
#Web3 #Aptoscommunity $APT
Check it out if you would like to learn more about what makes #Aptos tick! ⏰
Today we're gonna take a look into the Tokenomics of Aptos!
Read below to learn more 🧵👇🏻
#Web3 #Aptoscommunity $APT
1/ If you haven't heard of Aptos here's a quick run-down!
Aptos is a Proof of Stake-based Layer 1 blockchain founded by ex-Meta members, Mo Sheikh and Avery Ching.
The blockchain was created to solve scalability issues, security issues, and maintain decentralization.
Aptos is a Proof of Stake-based Layer 1 blockchain founded by ex-Meta members, Mo Sheikh and Avery Ching.
The blockchain was created to solve scalability issues, security issues, and maintain decentralization.
2/ Let’s jump right into the tokenomics
Their initial supply is 1 billion $APT tokens at TGE and are divided accordingly into each segment.
With that as a base let’s look a little deeper into each segment and overall token distribution.
Their initial supply is 1 billion $APT tokens at TGE and are divided accordingly into each segment.
With that as a base let’s look a little deeper into each segment and overall token distribution.
3/ Community & Foundation
Despite stating that 51.02% of the tokens will be allocated to the Community a majority of the $APT tokens (410,217,359.767) will be held by the Foundation with a small portion being held by Aptos Labs (100,000,000).
Despite stating that 51.02% of the tokens will be allocated to the Community a majority of the $APT tokens (410,217,359.767) will be held by the Foundation with a small portion being held by Aptos Labs (100,000,000).
4/ The Aptos team mentioned that this pool of tokens is designated for the building of the ecosystem, grants, incentives, and community growth.
These tokens are anticipated to be released over a course of 10 years.
The initial distribution tokens will be as follows:
These tokens are anticipated to be released over a course of 10 years.
The initial distribution tokens will be as follows:
5/ Core Contributors & Investors
We can see from the table above both investors and contributors are subject to a 4-year lock-up schedule. This does not include staking rewards.
In terms of the token distribution for this segment here are a few things to note :
We can see from the table above both investors and contributors are subject to a 4-year lock-up schedule. This does not include staking rewards.
In terms of the token distribution for this segment here are a few things to note :
6/ Aptos Staking (Investors + Core)
Up to this point, we know the tokens are locked for 4 years.
However, these locked tokens are also staked, to date 82% of the token supply is currently staked.
Staking generates 7 % p.a and is reduced by 1.5 % p.a till a base rate of 3.5 %.
Up to this point, we know the tokens are locked for 4 years.
However, these locked tokens are also staked, to date 82% of the token supply is currently staked.
Staking generates 7 % p.a and is reduced by 1.5 % p.a till a base rate of 3.5 %.
7/ Distribution Schedule
We've covered the basics, but how about the distribution schedule?
This graph shows the token release according to each segment.
One thing we can deduce is that $APT seems to be inflationary with no information on a token cap announced.
We've covered the basics, but how about the distribution schedule?
This graph shows the token release according to each segment.
One thing we can deduce is that $APT seems to be inflationary with no information on a token cap announced.
8/ Key Takeaways
1.The ideal time to consider getting in would be after Nov 2023 (after first unlock)
2. The yield earned from staking $APT is unlocked and can be sold at any time by investors + core.
3. $APT could become hyper-inflationary (no limit announced)
4. #NFA #DYOR
1.The ideal time to consider getting in would be after Nov 2023 (after first unlock)
2. The yield earned from staking $APT is unlocked and can be sold at any time by investors + core.
3. $APT could become hyper-inflationary (no limit announced)
4. #NFA #DYOR
9/ There you have it!
Thank you for reading till the end! 🙏🏻
1. RT if you found this insightful
2. Follow for more awesome content! 🚀🔥
Want to learn more about the tech behind @Aptos_Network?
Check out this thread by @TheOasisLabs
Thank you for reading till the end! 🙏🏻
1. RT if you found this insightful
2. Follow for more awesome content! 🚀🔥
Want to learn more about the tech behind @Aptos_Network?
Check out this thread by @TheOasisLabs
https://twitter.com/1583313020809117696/status/1595404551842332672
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