Aptos Foundation commits to permanently staking 210 million APT

The public chain Aptos posted on X that the Aptos Foundation has committed to locking and permanently staking 210 million APT, which accounts for about 37% of the APT it held at the launch of its mainnet.

The aforementioned tokens will not be sold or distributed. The foundation's operations will be supported by the staking rewards generated from these tokens, rather than selling the locked tokens themselves. Aptos stated that more updates will be released in the future and has synchronized a complete update on the token economics.