Aptos Caps Total Token Supply to Enhance Value

Aptos (APT) has set a cap on its total token supply at 2.1 billion, following governance approval. According to NS3.AI, this move ends the previously unlimited minting supply and aims to foster a more deflationary token economy. The strategy involves reducing staking rewards, increasing transaction gas fees, and using a portion of transaction fees for token buybacks. These initiatives are intended to bolster the token's long-term value proposition and enhance supply scarcity.