Aptos passes governance proposal to cap total supply at 2.1B APT

A governance proposal to cap the total supply of Aptos (APT) tokens at 2.1 billion has passed a community vote, ending the token's unlimited issuance mechanism, The Defiant reported. The proposal is part of a strategy to strengthen the deflationary structure of the APT token and includes measures such as reducing staking rewards, increasing gas fees, and using a portion of transaction fees for token buybacks.