Aptos Foundation permanently stakes 210 million APT, locking 37% of its initial holdings

Aptos said monitoring data shows the Aptos Foundation has committed to lock and permanently stake 210 million APT, equal to about 37% of the APT it held when the mainnet launched. The tokens will not be sold or distributed, according to the update. Instead, the foundation said its operations will be supported by staking rewards generated from those locked tokens rather than by selling the underlying APT itself. Aptos also said more updates will follow, along with a full tokenomics update that will provide additional details on the arrangement. The disclosure centers on how the foundation plans to handle a sizable portion of its token holdings and how those assets will be used to support ongoing operations without direct token sales.