The economic structure and mechanics governing a blockchain digital token. These are key elements like total supply (e.g., fixed like Bitcoin's 21 million cap or inflationary), if the token can be staked, utility (governance voting, transaction fees, or accessing services), and how fee revenue is employed, i.e., burn to reduce supply. Essentially, tokenomics designs the rules for adoption, value appreciation, and sustainability, influencing investor decisions by balancing scarcity, demand, and real-world functionality.