🧱 What is cryptocurrency $APT ?

Aptos (APT) is the native token of the Aptos blockchain, a layer 1 network that seeks high performance, security, and a refined user experience. Developed by former engineers of Diem (a project originally led by Meta, formerly Facebook), Aptos was officially launched in October 2022.

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🚀 Key Features

Parallel transaction execution: utilizes Block‑STM technology, allowing for processing up to 160,000 TPS (theoretically), with rapid block finalization.

Move Language: created to ensure security and facilitate the management of critical resources in smart contracts.

AptosBFT consensus mechanism: combines Proof‑of‑Stake with Byzantine fault tolerance, supporting governance via token staking.

Modular infrastructure: separates the stages of consensus, execution, and storage, facilitating updates without downtime.

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⚙️ APT Token Utilities

1. Payment of fees (gas fees) for transactions and execution of smart contracts.

2. Staking and validation: users can stake APT to become validators or delegate to existing validators, strengthening the network and earning rewards.

3. On-chain governance: APT holders participate in decisions regarding updates and protocol parameters. #APT