Don’t Buy The Hype and Become Exit Liquidity!
There is a lot of hype around Aptos, with many talking about how there is very little selling pressure on the token for the first year with the 1-year cliff for all investor tokens.
I’m telling you, don’t buy the hype; these tokenomics are TWO Star at best, and here is why…
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First, they didn’t publish the tokenomics until right before the launch (Big Red Flag).
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No fixed supply.
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7% inflation rate based on staking emissions (more on this below)
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Only a modest 1.5% reduction in the inflation rate per year based on burning Tx Fees. This will take an estimated 50 years to hit the target of a 3.25% inflation rate.
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Over 82% of the initial 1 Billion tokens are staked (smells like whales).
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Aptos is apparently allowing staking rewards with no restrictions. This means the team and foundation can sell their staking rewards, and they are!
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Aptos Foundation & Labs are the custodians of vested Community tokens (> 51% of the initial supply), which are reportedly staked and earning 7% and can be dumped on the market.
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The circulating supply has increased by 1.7% in less than 90 days, and these tokens are all reward tokens. All these 1.7 Million tokens are at zero cost and can and will be dumped on the retail market profitably at any price point.
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There will be a massive unlock in October 2023 when the investors can sell some tokens.
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Based on the rest of the distribution schedule, the biggest release is in mid-2024, when everyone expects the next bull run, so there is a high likelihood of massive profit taking at the retail buyer’s expense.
Check out the Aptos Explorer for on-chain data Show Less
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