The economic design of a token - issuance, supply schedule, distribution, utility, and incentives.
Tokenomics covers how a token is created, allocated, and used: emission schedule, unlocks/vesting, utility, burn/mint rules, and incentive design. Good tokenomics align stakeholder behavior with protocol goals.
"A protocol with high emissions but long vesting for the team reduces immediate sell pressure while rewarding early users via liquidity mining."
All terms and definitions may update as the Cryptionary improves.