$APT
The Aptos community has launched the "AIP-119" proposal, which aims to gradually lower the staking reward rate. This proposal plans to adjust the current staking reward rate of approximately 7% by decreasing it by 1% each month over the next 3 months, until the annual yield rate is reduced to 3.79%.
This move is intended to promote the long-term prosperity of the Aptos ecosystem, especially to stimulate more intense competition in the DeFi field. At the same time, it is significant for strengthening the token economy of APT and ensuring its long-term stable development, marking a key step in the innovation of the APTOS economic model. Currently, the proposal is humbly collecting feedback from various community members, and once successfully approved, a subsequent 6-month observation period will begin to comprehensively assess the impact of this adjustment.