Tokenomics is the combination of "token" and "economy", and it refers to the economic model behind a crypto project. It defines how tokens are created, distributed, used, and regulated within a blockchain ecosystem.
🔹 Key elements:
💰 Supply and demand – Models of token issuance and circulation
🔥 Burning and minting – Mechanisms to control inflation
🔗 Utility – Function of the token within the ecosystem
📜 Governance – Voting rights and decision-making
A good tokenomics design ensures the sustainability and long-term success of a crypto project. 🚀