Aptos Proposes Major Tokenomics Overhaul with Supply Cap and Buybacks

Aptos has introduced a significant governance proposal aimed at overhauling its tokenomics model to enhance long-term value. The proposal suggests implementing a hard supply cap of approximately 2.1 billion APT tokens to combat future inflation. Key changes include a tenfold increase in gas fees alongside a reduction in staking rewards to prioritize network performance over subsidies. Furthermore, the network plans to launch an on-market buyback program to link token value more directly to actual network usage. This strategic shift moves Aptos away from an inflationary model toward a scarcity-driven framework focused on utility. Analysts view these changes as fundamentally bullish, as they align the token's value with network growth and performance.