
James Patel
2.1K posts

James Patel
@PatelDoesTech
MY THOUGHTS ARE MY OWN. I ONLY ENDORSE "Is It Cake?" 🎂 Sharing the latest in tech and tasty illusions | Nottingham 📍





tokens burned on 26/03 = 8116 APT; this is more than a 10x increase compared to 18/03 (770 APT), the day before the 10x gas fee hike took effect Aptos is looking good here. defillama.com/fees/chains








Aptos Proposal #185: 10x Gas Fee Increase has passed and been executed: govscan.live/aptos/proposal… Stay tuned for more updates.



10x increase in gas fees was executed on March 19th. same day result: 1,875 APT tokens were burned



#14 in txn fees burned in just a few days after 10x'ing gas! Looking forward to further growth with new products & markets with @DecibelTrade & @shelbyserves mainnet.







Will @Aptos go deflationary after AIP-184? Short answer: NO Even after a 10x gas fee increase, Aptos with a 2.6% emission rate will still issue more APT than it burns daily. Aptos max supply is capped at 2.1B, and the current supply is ~1.19B. It will continue issuing rewards at a 2.6% rate until it hits that cap. After that, a portion of gas fees will be shared with validators. Is it possible for @Aptos to ever go deflationary? – YES If @DecibelTrade adds a lot of market (~100) and trading activity reaches ~20–30 TPS, the new 10x gas fees could make Aptos deflationary. Note: @shelbyserves is also launching soon, and it could drive a significant amount of transactions on the Aptos mainnet. TL;DR: Aptos looking better than it did last month.


Trade all 100+ new RWAs on @Aptos soon.









