Published: 02 Nov 2022 › Updated: 02 Nov 2022
LeoGlossary: Tokenomics
The economics of a distributed ledger technology (DLT) based coin or token. This will reside at the base layer of a blockchain, either in the original code or through a smart contract.
Aspects of tokenomics are:
- inflation rate
- total units produced
- token production reduction
- decimal points
- beginning circulating supply
Coins that are in the base code are harder to change since a hard fork is required to implement any updates.
General:
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