Aptos (APT)

For this guide, we will use the Petra wallet developed by Aptos Labs as an example. However, you can opt for any other wallet from the list below.

Step 1. Add the Petra Wallet to Chrome

Step 2: Create a Wallet

Step 3. Transfer APT Coins to Your Petra Wallet

Step 4: Connect Your Petra Wallet to the Aptos Explorer

Step 5: Stake Your APT Coins with the Everstake Validator

Yes, there are some Aptos blockchain explorers available to use.

• Aptos Explorer

• Aptscan

• AptoStake

• TraceMove

• OKLink Explorer

APT is the Aptos blockchain native token. It is used to pay transaction fees and interact with smart contracts.

The initial supply of Aptos tokens at mainnet was 1 billion tokens. The Aptos tokens are distributed between different categories, among them:

• Community: 51.02% of Initial Token Distribution or 510,217,359.767 Initial APT Tokens

• Core Contributors: 19% of Initial Token Distribution or 190,000,000 Initial APT Tokens

• Foundation: 16,5% of Initial Token Distribution or 165,000,000 Initial APT Tokens

• Investors: 13,48% of Initial Token Distribution or 134,782,640.233 Initial APT Tokens

Each category has it is own Distribution Schedule. You can find more details in the Aptos Tokenomics Overview.

Liquid staking on Aptos allows users to stake their APT tokens while maintaining liquidity through tokenized staking derivatives. This means you can earn staking rewards while still being able to use your assets in DeFi.

• Amnis Finance

• Tortuga Finance

• Thala Labs

• TruStake by TruFin

• Ditto

A validator fee is a charge imposed by a validator for validating transactions and maintaining the network. When you stake your tokens with a validator, they perform the necessary tasks to secure the blockchain and validate transactions. In return for these services, they take a small percentage of the staking rewards as a fee.

Everstake determines the validator fee by analyzing and considering various factors, such as network requirements, operational costs, and market dynamics.

Validators do not have control over users' funds in blockchain networks. Their primary role is to validate transactions and participate in the consensus process according to the network protocol's rules. Users maintain control over their funds through private keys used to sign transactions and authorize transfers. While validators confirm the validity of transactions and blocks, they do not have the authority to access or manipulate users' funds.

APR stands for Annual Percentage Rate, which represents the percentage return you receive when staking with a validator. However, APR is not a fixed rate and can fluctuate based on several factors, including the number of nodes, service fees, the pool's top-up amount, the network's conditions, and the validator's uptime rank. As more users begin staking, the APR typically decreases.

APY stands for Annual Percentage Yield and reflects the projected annual return, factoring in compounding interest. To understand APY, it's essential to grasp the concept of compound interest, which is the interest earned on both the initial principal and the interest previously accrued. Essentially, APY provides a more comprehensive view of potential earnings by accounting for the effect of interest compounding over time.

Aptos has a large ecosystem of 300+ projects that includes NFT, DEX, GameFi, Metaverse, and Launchpad, to name a few.

By the way, you can find Everstake in the Infra category on the Aptos Foundation Ecosystem Projects page and learn more about our Wallet SDK for Aptos Network.

APT is available on most exchanges, including Binance, Coinbase, Kraken, and others.

First, you have to create a wallet that supports Aptos. There are many options, such as Petra, Nightly, Martian Wallet, Pontem Wallet, Fewcha Wallet, and others.

Once you have created a wallet, buy an APT coin on any exchange, select the withdraw function, and enter your wallet address.

Important: make sure you paste the correct address. We recommend sending a test transaction with a small amount of APT tokens and then sending the rest.

Aptos founders are experienced leaders Mo Shaikh and Avery Ching. Aptos has a team of accomplished designers, analysts, and engineers, including the creators of Move Language, Move Prover, and BlockSTM.