This comprehensive guide explains token economics models by exploring three fundamental mechanisms that drive cryptocurrency project sustainability. Token allocation strategies balance stakeholder incentives across teams, investors, and communities through structured distribution frameworks and vesting schedules, preventing concentrated holdings that create market instability. Inflation and deflation design, powered by halving schedules and burn-and-mint equilibrium models, regulate supply growth and maintain long-term value preservation. Token burn mechanisms control circulation while strengthening governance frameworks, enabling community-driven decision-making that aligns stakeholder interests with ecosystem health. Whether you're designing tokenomics for new projects, evaluating token economics health, or understanding differences between Bitcoin's fixed supply model and Ethereum's dynamic mechanisms, this guide provides actionable insights for creating sustainable and resilient token systems on Gate and