The word inflationary is used to describe coins or tokens that are created (minted) at a higher rate than are destroyed (burned). Conversely, deflationary cryptocurrencies have mechanisms for burning more tokens than are created.

The concept of economic inflation, whereby the prices of goods or services increases over time, and the measures that can be taken to affect inflation are also often mirrored in cryptocurrencies.

Tokenomics is the blockchain practice where developers and token issuers incorporate inflationary or deflationary strategies into the economic design of their assets.

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