Cryptocurrencies are governed by a set of rules called “tokenomics.” The term, a portmanteau of token and economics, refers to the monetary policies baked into each token or coin. A cryptocurrency's tokenomics govern its supply, outlining how and when more tokens are added into circulation.
The tokenomics model has three primary pillars: utility, economic security, and value. A successful crypto token must offer utility within its ecosystem, possess inherent value, and ensure economic stability. These factors collectively influence the token's usage and value.
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Cryptocurrencies are governed by a set of rules called “tokenomics.” The term, a portmanteau of token and economics, refers to the monetary policies baked into each token or coin. A cryptocurrency's tokenomics govern its supply, outlining how and when more tokens are added into circulation. The tokenomics model has three primary pillars: utility, economic security, and value. A successful crypto token must offer utility within its ecosystem, possess inherent value, and ensure economic stability. These factors collectively influence the token's usage and value. $FAY #ContentShowcase #FrenzayCommunity #Frenzay #FAY @hifrenzay
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