Aptos Burns 174,000 APT In A Month, Yet Token Supply Keeps Rising
TL;DR: Aptos reports roughly 174,570 APT burned in the past 30 days, but gross staking issuance is about 1.5 million APT a month. Fee burns reduce issuance; they have not made the token deflationary. Burning tokens sounds attractive to investors until the other side of the supply equation comes into view. Aptos provides a useful […]
Key Takeaways
- TL;DR: Aptos reports roughly 174,570 APT burned in the past 30 days, but gross staking issuance is about 1.5 million APT a month.
- Fee burns reduce issuance; they have not made the token deflationary.
- Burning tokens sounds attractive to investors until the other side of the supply equation comes into view.
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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