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  • Aptos is a scalable layer 1 blockchain based on Move programming language.

  • APT is the native token of the project. The current use cases for APT include:

    • Network Fees: Pay for transaction fees on the network.

    • Validator Staking: Participate in DPoS network consensus.

    • Governance: Participate in on-chain community governance.

  • The project consists of the following major components working in conjunction:

    • Move: Aptos uses Move, a new smart contract programming language that focuses on safety and flexibility. It was originally developed at Meta to power the Diem blockchain.

    • Parallel Processing Execution: Aptos utilizes the parallel data model & execution engine to improve execution efficiency.

    • AptosBFT Consensus: Aptos utilizes a variant of Byzantine fault tolerance consensus mechanism to achieve higher efficiency.

  • As at October 19th 2022, the total token supply of APT is 1,000,000,000. The current circulating supply is 130,000,000 (~13.00% of total supply).

  • Learn more about the token distribution of APT here.