Token Engineering: Designing Sustainable Crypto Economies
Introduction Token engineering sits at the intersection of economics, computer science, and systems design. It is the discipline that turns a conceptual token model into a robust, secure, and incentive‑compatible economic system that can thrive in a decentralized environment. While the term is relatively new—popularized by the Token Engineering Community (TEC) and the rise of decentralized finance (DeFi)—the underlying principles draw from decades of research in mechanism design, game theory, and monetary economics. ...