tokenomics

Tokenomics refers to the study of the economic system surrounding a cryptocurrency or digital token. It involves understanding how tokens are created, distributed, and utilized within a blockchain ecosystem. Key elements include supply (total and circulating), demand (how tokens are used or needed), and incentives (rewards for holders and users). A well-designed tokenomics model can promote stability and growth, attracting investors and users while ensuring the token serves its intended purpose effectively. Ultimately, good tokenomics supports the overall health and sustainability of the project and its community.