defi
Aptos Pivots Tokenomics Towards Performance-Driven Deflation
📰 sources⭐ 8.0
TL;DR:
The Layer 1 network proposes token buybacks, raising gas fees by 10x, and reducing the staking rewards rate.
Key Points:
Background:
Decentralized Finance (DeFi) refers to financial services built on blockchain networks without traditional intermediaries.
Why It Matters:
This development contributes to the ongoing evolution of the cryptocurrency ecosystem and may influence market trends.