economics

Aptos released an update on its token economics. The main adjustments include: the annualized staking reward rate decreased from 5.19% to 2.6%; Gas fees increased tenfold (the cost of stablecoin transfers remains as low as approximately $0.00014); after the launch of Decibel DEX, on-chain trading volume and Gas fee burning will significantly increase, with an expected annual burn of over 32 million APT; setting a hard cap total supply of 2.1 billion APT at the protocol layer; the Aptos Foundation will permanently lock and stake 210 million APT; future incentives will be converted to milestone triggers; exploring a programmatic buyback plan.

The decentralized zero-knowledge proof verification layer Aligned updates the ALIGN token economics, with a total supply of 10 billion tokens and an initial circulation of approximately 16%.Of this, 23.5% will be allocated to the team (40% cliff unlock after 12 months, with the remaining portion unlocking linearly over 18 months), 19.71% will be allocated to investors, 18% will be allocated for the ecosystem (3.23% unlock at TGE, 6 months cliff unlock, with the remaining portion unlocking linearly over 24 months), 16.61% will be used for future reserves (40.24% unlock at TGE, 6 months cliff unlock, with the remaining portion unlocking linearly over 24 months), 11.4% will be allocated to the foundation (37.83% unlock at TGE, with the remaining portion unlocking linearly over 30 months), 8.74% will be used for airdrops (44.36% unlock at TGE), and 2.04% will be used for community sales (32.72% unlock at TGE).

Aster announced an update to its tokenomics and a restructuring of ecosystem emissions, replacing the previous monthly linear unlocking mechanism with a staking-only emission model.Previously, 78.4 million ASTER (approximately 1% of the maximum supply) were unlocked on a linear schedule each month; after the update, ecosystem tokens will only be released as staking rewards, currently at a rate of 450,000 ASTER per cycle (weekly), equivalent to a monthly release of 1.8 million to 2.25 million ASTER.Aster stated that since the TGE on September 17, 2025, all unlocked ecosystem and community tokens, aside from staking rewards, have remained untouched, and the relevant token holdings can be publicly verified through addresses starting with 0x0A55.

According to official news, the Opinion Foundation has officially announced the tokenomics and roadmap for its native token OPN.The total supply of OPN is 1 billion tokens, with an initial circulation of 198.5 million tokens, which will be deployed on Ethereum and BNB Chain. In terms of token distribution, airdrops account for 23.5% (235 million tokens), with 3.5% released at TGE and the remainder vesting over 7 months; investors account for 23% (230 million tokens), and the team and advisors account for 19.5% (195 million tokens), both of which have a 12-month lock-up period and a 24-month linear release period; the foundation accounts for 12% (120 million tokens), with 1% released at TGE; the ecosystem and incentives account for 11.1% (111 million tokens), with 5.65% released at TGE (including 3.5% of locked airdrop rewards and 2.15% of retroactive incentives); marketing accounts for 8.9% (89 million tokens), with 7.7% released at TGE; liquidity and market making account for 2% (20 million tokens), with 2% released at TGE.The OPN token has various uses, including accessing premium oracle data, paying ecosystem transaction fees, unlocking VIP privileges, and participating in governance. According to the roadmap, the project will conduct TGE in the first quarter of 2026, with a focus on promoting ecosystem growth and decentralized governance in the second quarter.

According to Jinshi reports, Pacific Investment Management Company economist Tiffany Wilding stated that the inflation report "looks quite encouraging on the surface," with two main positive developments. First, housing prices, which have been rising since the outbreak of the pandemic, are now indeed slowing down. Second, the impacts related to tariffs are gradually fading. As this trend dissipates, the Federal Reserve should be more willing to cut interest rates, and Wilding believes that it is reasonable to expect two more rate cuts this year.

At the "Build and Scale in 2026" themed forum recently held by ChainCatcher in Hong Kong, Spark co-founder Sam MacPherson delivered a keynote speech on "The Growth Engine of DeFi," systematically explaining how Spark builds an integrated solution to address the fragmentation and inefficiency of on-chain capital markets by integrating savings, lending, and institutional-level capital allocation.Sam MacPherson pointed out that the current on-chain capital market still faces challenges of severe fragmentation and low capital utilization efficiency. Spark builds its growth engine through three core products: first, the all-chain savings account Spark Savings, which has managed over $2.75 billion in deposits, providing users with a safe and stable income entry; second, the lending protocol SparkLend, which focuses on blue-chip assets and captures value by reducing external protocol commissions and protocol fees; third, institutional lending in collaboration with the Anchorage custodian, seeking risk-adjusted returns between DeFi, CeFi, and traditional finance.He believes that the next phase of DeFi's growth will rely on integrated protocols that can seamlessly integrate multi-chain liquidity, provide institutional-level risk control, and possess sustainable token economic models. Spark is promoting the evolution of DeFi towards a more efficient and robust direction through its product matrix and ecosystem development.

According to Jinshi News, Thomas Mathews, an analyst at Capital Economics, stated that the S&P 500 index may be supported by technology stocks this year, expecting it to rise to 8,000 points by the end of the year. Despite the turbulent performance at the beginning of the year, Mathews pointed out that the earnings outlook for tech companies remains "quite optimistic," and he holds a positive attitude towards the U.S. stock market.

The omnichannel trading platform Based announced the launch of its native token BASED and released the tokenomics. The total supply of BASED is 1 billion tokens, of which 36% is allocated to the community, 23.64% is allocated to ecosystem and community rewards, 20.36% is allocated to investors, and 20% is allocated to core contributors.Among them, the 36% of tokens allocated to the community is specifically distributed as follows: 23.5% (235 million tokens) is allocated to Based community members participating in the Season 1 and Season 2 points activities, PUP holders, BasedPal NFT holders, and launch partners supporting the TGE. It is planned to be open for claiming in March 2026, with no lock-up period. 7.5% (75 million tokens) is allocated to the Ethena community. 5.0% (50 million tokens) is reserved for Season 3 participants.

Celo announced on platform X that the Celo Foundation and cLabs have officially merged into a unified core contribution organization, temporarily named Celo Core Co.This reorganization aims to accelerate the delivery and speed of the Celo platform by 2026 and enhance alignment with market demand. At the same time, the official statement mentions that details regarding the upgrade of CELO token economics (including potential buyback and burn mechanisms) will be released soon.

The lending platform HyperLend has announced the HPL tokenomics, with 30.14% allocated for ecosystem growth and incentives, 25% for genesis distribution, 22.5% for core contributors, 17.36% for strategic investors, and 5% reserved for liquidity.In addition, HyperLend disclosed that it has completed $1.7 million in financing to date, with investors including RockawayX, No Limit Holdings, Nucleus, Duplicate Capital, and Dumpster. Strategic investors will receive 10% equity at the Token Generation Event (TGE), followed by a 4-month lock-up period, with the remaining shares gradually unlocking over 2 years. Staking and locking features will be launched shortly after the token generation event, with rebates coming from the reserve factor and distributed based on participation.The team emphasizes that HPL has not officially launched yet and reminds users to only trust information released through official channels.

The decentralized confidential computing project Acurast has announced the ACU token economics. The total supply of ACU tokens is 1 billion, of which 24% will be used for community activation (early computing providers, Cloud Rebellion airdrop, listing incentives, CoinList token issuance), 11.5% will be used as operational funds, 24% will be allocated to the community treasury, 24% will be distributed to the team and advisors, 10% will be used for liquidity, and 6.5% will be allocated to early supporters.

The ZK smart verifiable computing platform Brevis has announced its token economic model, with a total supply of 1 billion BREV tokens, distributed as follows:Ecosystem Development: 37% of the total token supply, used for ecosystem development, research and development, strategic partnerships, initial market building, and long-term protocol expansion;Community Incentives: 32.2% of the total token supply, used for rewards for validators, stakers, and community contributors, including different categories of initial airdrops to eligible contributors and community members;Team: 20% of the total token supply, allocated to current and future core developers and contributors of Brevis;Investors: 10.8% of the total token supply, allocated to seed round investors of Brevis.Ecosystem development and community incentive plans will be unlocked linearly over 24 months after the TGE, with 14.50% and 10.50% of tokens circulating at the TGE, respectively. The allocation for the team and investors will be fully locked for the first year after the TGE, with no initial unlock, and will then be distributed according to a 24-month linear unlock schedule. Additionally, the airdrop registration portal will be launched soon.

According to Caijing magazine, Zhao Zhongxiu, president of the University of International Business and Economics, and others wrote an article titled "Global Stablecoin Regulation Taking Shape, 'China Plan' Can Be Piloted in Free Trade Zones," which states that with stablecoin legislation becoming a reality in several major jurisdictions worldwide, China should not miss this historic opportunity.To prudently carry out stablecoin-related business and regulation in mainland China, it is suggested to open pilot programs in free trade experimental zones (hereinafter referred to as "free trade zones"), such as the Qianhai Free Trade Zone in Shenzhen, adjacent to Hong Kong, and the Hainan Free Trade Port. Specific suggestions for pilot programs in free trade zones include: establishing a "Cross-Border Financial Technology Laboratory," creating a stablecoin "white list" system, setting up offshore RMB stablecoin innovation pilot programs, promoting digital trade and intellectual property financing, and strengthening blockchain infrastructure construction; at the same time, a strict risk prevention and control mechanism should be established, including: stringent institutional and individual access, transparent reserve audits, and tracking and preventing compliance arbitrage and capital flow risks.

CoinList announced the tokenomics of the crypto wallet Rainbow's RNBW token, with a total supply of 1 billion tokens. The airdrop accounts for 15% at TGE, the community presale through CoinList accounts for about 3%, the treasury accounts for 47%, the team accounts for 12.2%, investors account for 7.8%, and the community accounts for 15%. The circulation ratio at TGE is about 20% (including airdrops, presales, etc.).

According to Jinshi News, Wolf Research's chief economist Ross stated that the Federal Reserve may not cut interest rates in the first half of next year.

According to Cysic's official Twitter, $CYS will be used to ensure network security, reward contributors, and coordinate the interests of all parties, thereby promoting the development of the ComputeFi ecosystem.At the time of the Token Generation Event (TGE), the circulation of $CYS is 160.8 million, with a total supply of 1 billion at genesis.The token distribution ratio is as follows:Ecosystem Incentives 40.19%Investors 23.62%Contributors 12.11%Foundation 8%Community Incentives and Liquidity 16.08%