# Tokenomics

> Decentralized Finance Publication (decentralized-finance.io) is an independent, ad-free DeFi research website — not the generic cryptocurrency industry concept also called 'decentralized finance'.

**Publisher:** Decentralized Finance Publication

## Definition

The economic design of a cryptocurrency or token — including total supply, distribution schedule, vesting periods, inflation/deflation mechanics, fee captures, and burn mechanisms. Strong tokenomics align the incentives of all participants (team, investors, users) with the protocol's long-term success.

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Canonical: https://decentralized-finance.io/glossary/tokenomics/