Aptos Tokenomics Overview
The Aptos Foundation presents a summary version of the Aptos protocol tokenomics. A more comprehensive explanation of Aptos tokenomics and values is coming soon. Initial Supply Mainnet was launched on October 12, 2022. The initial total supply of Aptos tokens (APT) at mainnet was 1 billion tokens. APT will have 8 digits of precision as part of the fraction where the minimal unit is called an Octa. Category % of Initial Token Distribution Initial Tokens Community 51.02% 510,217,359.767 Core Contributors 19.00% 190,000,000.000 Foundation 16.50% 165,000,000.000 Investors 13.48% 134,782,640.233 Distribution Schedule for the Community and the Aptos Foundation This pool of tokens is designated for ecosystem-related items, such as grants, incentives, and other community growth initiatives. Some of these tokens have already been allocated to projects building on the Aptos protocol and will be granted upon the completion of certain milestones. A majority of these tokens (410,217,359.767) are held by the Aptos Foundation, and a smaller portion (100,000,000) are held by Aptos Labs. These tokens are anticipated to be distributed over a ten-year period: 125,000,000 APT available initially to support ecosystem projects, grants, and other community growth initiatives now and in the future for the Community category 5,000,000 APT available initially to support the Aptos Foundation initiatives for the Foundation category 1/120 of the remaining tokens for the community and the Foundation are anticipated to unlock each month for the next 10 years Distribution Schedule for Core Contributors and Investors All investors and current core contributors are subject to a four-year lock-up schedule, excluding staking rewards if applicable, from mainnet launch that unlocks according to the following schedule: No APT available for the first twelve months 3/48ths of such tokens unlock on the 13th month after mainnet launch and each month thereafter up to and including the 18th month 1/48th of the tokens unlock each month thereafter beginning on the 19th month after mainnet launch so that all such tokens are unlocked on the four-year anniversary of mainnet launch Estimated Token Supply Schedule Today, more than 82% of the tokens on the network are staked across all categories, and a majority of these are currently locked in accordance with the distribution schedule above and not available for release. Note: Both unlocked (i.e. tokens that are available for distribution) and locked (i.e. not available for distribution) tokens can be staked Aptos Tokenomics Overview Chart Anticipated Token Supply Changes Token holders who stake their tokens to a validator operator for purposes of securing the network and achieving consensus may receive staking rewards Staking rewards are split between validator operators and stakers and are not subject to restrictions on distribution Currently, the maximum reward rate starts at 7% annually and is evaluated at every epoch The maximum reward rate declines by 1.5% annually until a lower bound of 3.25% annually (expected to take over 50 years) These rewards increase the total supply of the Aptos network and are dependent on the staked amount and validator performance Transaction fees are currently burned, although this may be revisited in the future with on-chain governance voting All rewards and reward mechanisms are also modifiable via on-chain governance Disclaimer: THIS IS NOT AN OFFERING OR THE SOLICITATION OF AN OFFER TO PURCHASE TOKENS. THIS DOCUMENT CONTAINS HYPOTHETICAL, FORWARD-LOOKING AND/OR PROJECTED FIGURES WHICH ARE NOT GUARANTEED; ACTUAL NUMBERS MAY VARY. APTOS MAKES NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO THE COMPLETENESS OR ACCURACY OF THIS PRESENTATION AND IT IS SUBJECT TO CHANGE WITHOUT NOTICE.