Tokenomics is a term used to describe the economic system of a particular cryptocurrency or blockchain project. It refers to the way in which tokens are designed, distributed, and used within a network. Tokenomics takes into account factors such as the total supply of tokens, their distribution, and their utility within the network. It is essentially the study of the economic incentives and mechanisms that drive the value of a particular token. In simpler terms, tokenomics can be defined as the economic principles behind the creation and management of a cryptocurrency or blockchain project's token.

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