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Altcoins & DeFi

Aptos Burns 174,195 Tokens in 30 Days as Staking Adds More

Image: TokenPost

Aptos (APT) burned 174,195 tokens over the latest 30-day period, but monthly staking rewards of about 1.5 million APT leave the network adding roughly 1.4 million tokens to supply. Cumulative burns reached 1.9 million APT since the mainnet launched in October 2022. The annualized burn estimate is 2.1 million APT. Current monthly figures put fee burns at about 174,200 APT, rounded, against gross staking emissions of 1.5 million APT. The annual staking reward rate is 2.6%. Aptos increased gas costs and storage fees 10-fold on March 19 through governance proposal No. 185. The network also has a 2.1 billion APT supply cap, established through proposal No. 183 on March 9. Minting above the ceiling requires further governance approval; the cap does not halt issuance below that level.

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