Tokenomics

Tokenomics is a portmanteau of “token” and “economics” and refers to the study of the economic aspects and principles governing the behavior and dynamics of cryptocurrencies or tokens within a blockchain ecosystem.

It includes aspects like token supply, distribution, usefulness, governance, and incentives, and how these components affect how well a blockchain project or cryptocurrency functions and how much it is worth.

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Trustless

The word "trustless" describes a feature of blockchain and decentralized systems where users can communicate and conduct transactions without having to believe in a centralized authority or middleman. To guarantee the legitimacy and security of transactions, it uses smart contracts, consensus procedures, and cryptographic techniques.

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