$APT APT Coin (Aptos Coin) is the native token of the Aptos blockchain, primarily used for transactions and payments on the chain. Below are some key information about APT Coin:

1. Purpose

• Transactions and Payments: APT Coin is used to pay transaction fees on the Aptos network, similar to SOL Coin on Solana. Users need to use APT Coin to pay relevant fees when conducting transactions in the Aptos ecosystem.

• Governance: APT holders can participate in governance voting for the network, influencing protocol upgrades and decision-making processes both on-chain and off-chain.

• Staking: Users can stake APT Coins to earn rewards, supporting the security and stability of the network.

2. Issuance

The initial total supply of APT Coin is 1 billion tokens, with no upper limit. The initial inflation rate is 7%, decreasing by 1.5% each year, ultimately reaching 3.25%.

3. Ecosystem

The Aptos blockchain uses the Move programming language, aiming to enhance scalability and security. Since the mainnet launch on October 17, 2022, the Aptos ecosystem has introduced several decentralized finance protocols and NFT markets. Currently, there is a stablecoin protocol called Argo on Aptos, allowing users to mint stablecoins by staking relevant assets.

4. Market Performance

APT Coin has experienced significant price fluctuations over the past period, reaching a historical high of around $20 in 2023, before falling back to lower levels. Current market sentiment and usage have a direct impact on the value of APT Coin.