At around 15:40 pm on October 18th, Aptos officially announced the token economic model of APT, and the figures are roughly consistent with the previous Upbit leak.

According to the official introduction, the initial total supply of APT is 1 billion pieces (from the browser data, it will continue to inflate), the minimum precision is 8 digits after the decimal point, and the minimum unit is Octa. Distribution:

• 51.02% will be allocated to the community, 510217359.767 pieces;

• 16.5% allocated to the Foundation, 165,000,000 pieces;

• 19% allocated to core contributors, 190,000,000 pieces;

• Community and Foundation Section

Community and Foundation Section

Community (51.02%) and Foundation (16.5%) shares will be earmarked for ecosystem-related projects such as donations, incentives, and other community growth initiatives, some of which tokens have already been allocated to projects developed on the Aptos protocol , will be awarded when the project completes certain milestones. The majority of these tokens (410,217,359.767) are currently held by the Aptos Foundation, and a smaller portion (100,000,000) is held by Aptos Labs, which are expected to be distributed over a ten-year period. The specific locking and circulation conditions are as follows:

• In terms of community shares, 125 million APTs entered circulation at the time of creation, which can be used for ecological support, donations and other community growth plans;

• In terms of foundation shares, 5 million APTs will also enter circulation at the time of creation, and can initially be used to support the plans initiated by the Aptos Foundation;

• The shares of core contributors (19%) and investors (13.48%) will be fully locked for 1 year and will be distributed in the next 3 years. The specific locking and circulation conditions are as follows:

Core contributors and investors section

The shares of core contributors (19%) and investors (13.48%) will be fully locked for 1 year and will be distributed in the next 3 years. The specific locking and circulation conditions are as follows:

• In the first 12 months after creation, no core contributors and investor shares will enter circulation;

• From the 13th to the 18th month after creation, this part of tokens will be unlocked month by month at a rate of 3/48 each month;

• secondary title

Token Unlock Estimated Timetable

At present, more than 82% of the tokens on the Aptos network have been pledged. These tokens span multiple entities in terms of ownership. That is, according to the distribution and unlocking plan above, most of the tokens are currently locked and have not entered Circulation (but can be pledged).

Aptos official estimated unlocking timetable is as follows:

In addition, Aptos also explained about the impact of staking on the total supply of APT tokens.

• For the purpose of securing the network and reaching consensus, APT holders can pledge their tokens to verification nodes to obtain staking rewards, which will be distributed among verification nodes and stakeholders.

• Currently, the maximum reward rate (APY) for staking on the network is 7%, and this number will decrease by 1.5% every year until it reaches 3.25%.

• The existence of pledge rewards will increase the total supply of APT, and the increase is related to the total amount of pledged tokens and the overall operation of the verification node.

• Transaction fees on the mainnet will be burned for the time being, but the future use of these tokens may change with on-chain governance decisions.

• All reward mechanisms are modifiable through on-chain governance.