Tokenomics

Tokenomics, a portmanteau of "token" and "economics," is the comprehensive study of the economic design and principles governing a cryptocurrency or blockchain-based token, encompassing factors like supply, distribution, utility, and incentive mechanisms to ensure network health and value accrual. Effective tokenomics is crucial for the long-term sustainability and success of a decentralized project, as it dictates how the token's value is created, maintained, and distributed among participants.