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Alex Pulatov
@swakkoo
๐Ÿ’ฐ Tokenomics: How Crypto Projects Build Their Economies ๐Ÿ’ฐ Tokenomics shapes the economics of every crypto project. But how do they differ? Here are some common strategies: ๐Ÿ”— Utility Tokens: Ethereum (ETH) and Binance Coin (BNB) use tokens to pay for services within their networksโ€”like transaction fees or access to features. ๐Ÿ—ณ Governance Tokens: Uniswap (UNI) and Aave (AAVE) give token holders the power to vote on decisions like protocol upgrades or fee changes. This makes users part of the decision-making process. ๐Ÿ“ˆ Staking: Cardano (ADA) rewards users for staking their tokens, which helps secure the network and encourages long-term holding. ๐Ÿ”ฅ Burn Mechanisms: Binance Coin (BNB) and Ethereum (after EIP-1559) burn tokens, reducing supply to increase scarcity, potentially boosting token value. ๐Ÿ‘‰ Which tokenomics model do you think is the most effective? Share your thoughts below! #crypto #tokenomics #blockchain #staking #governance #defi
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