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What is Aptos Tokenomics? 51.02% Token is allocated to the community

By Barry Stidham
Oct 19, 2022
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According to official news, Aptos released an overview of Tokenomics, with an initial supply of 1 billion pieces, and 51.02% of Tokens are allocated to the community.

Among them, 410,217,359.767 APTs in the community are held by the Aptos Foundation, and 100,000,000 are held by Aptos Labs. The community part of the Token is expected to be distributed within ten years: 125,000,000 APT can initially be used to support the current and future ecosystem projects, grants and other community growth plans of the community category; 5,000,000 APT can initially be used to support the Aptos Foundation's plans for the foundation category; The remaining tokens of the community and the foundation are expected to be unlocked linearly every month in the next 10 years.

Core contributors and investors will have a four-year lock-up unlock period. The first year is the lock-in period, followed by linear unlocking.

In addition, the project party stated that more than 82% of the tokens on the network are currently in a pledged state, and most of them are currently locked according to the above distribution schedule and cannot be circulated.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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