I am 100% supportive of the tokenomics changes proposed by Aptos Foundation. Aptos is transitioning from bootstrapping and building revolutionary products to sustained economic value onchain. Sometimes people ask, why are you so obsessed with extreme latency, scale, and enterprise-grade reliability? Because unless the rails are better than the existing system, what are we doing? The world needs a global trading engine, a new financial infrastructure. As Decibel and other trading products roll out imminently, trading tokenomics is the next phase for APT. These 7 proposals from Aptos Foundation align trading-driven demand for APT with reduced supply-side emissions into a new economic engine. •Cuts emissions in half from 5.19% to 2.6% •Burn scaling with trading activity - targeting over 32M with Decibel alone at 100 markets (and still aiming for more) •10X gas fees (while still maintaining industry low pricing ~$0.00014) •Hard supply cap of 2.1B APT •Permanent lock of 210M APT •KPI-gated grants •Programmatic buybacks I highly recommend reading the full proposal in detail (see below), it’s well thought out. Combine all of this with the right execution and burn exceeds emissions. Aptos has been building toward this path since the beginning (nearly 8 years now for me). I wish we could have delivered this product plan quicker, but I believe this disciplined direction is the right way forward. I’m a big believer in this vision and am a long-term APT holder, having never sold any token granted to me as a co-founder.

Top-tier financial assets being globally accessible and tradable is inevitable through decentralization.

Compliant privacy in blockchains isn’t sufficient. It must extend throughout every use case. Compliant privacy for global trading and payments. Compliant privacy for hot storage. Especially in a world where LLMs need fast, private context and long term memory. This is not marketing or narrative. It’s what we believe at Aptos and how we build.