You have explained this post in a very beautiful post. I really like the way that you presented the ideas about the Tokenomics.

The components of the Tokenomics can be considered properly and manages well to improve the position of that token in the market and this thing can also improve the overall economics of the Blockchain on which that token is based.

Another major component of tokenomics is the burning of the token. To burn a token means to send some portion of the token to a null address where the private key of such address is unknown by everyone.

Yes, burning of the tokens is one of the most common components of the Tokenomics study. Burning of the token plays a very important role in the growth of the token.

When the respective tokens are sent to the null or zero address that are no longer in use of any one on the Blockchain, the curculating supply of the token is reduced which effect the price positively.

Thanks a lot for sharing your Quality post with us. I wish you a very good luck for the contest ahead 🤞