Aptos Network Holds Vote on Major Upgrade for Tokenized Real Estate and Fungible Assets

07/11 20:35

The Aptos network is currently conducting a vote on a significant upgrade that includes new standards for creating fungible assets. This upgrade is necessary for handling on-chain asset classes such as tokenized real estate. The package, known as v1.5, covers a range of new and updated features that will enhance the capabilities of the Aptos blockchain. One of the changes, AIP-21, will improve the network's abilities when it comes to tokenized securities, real estate, in-game currencies, and other fungible assets. Additionally, staking rewards will decrease by 1.5% annually, which will slightly limit payouts to token stakers who lend their assets to the network's security.
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