Independent Tokenomics
Quickly recap our past learnings about Avalanche Custom Blockchains.
Avalanche Custom Blockchains offer multiple ways to implement independent tokenomics. This gives developers more control and can enable new business model that would not be economically feasible on single-chain systems.
The customizations include:
- Native Token: Every Avalanche L1 has their own native token used for paying transaction fees.
- Transaction Fees: We can configure how the transaction fees should be calculated.
- Initial Native Token Allocation: We can specify how the inital token supply is distributed.
- Native Token Minting Rights: We can specify if and who can mint more native tokens.
- Staking Token: If our Avalanche L1 allows public and permissionless validation, we can define our logic how a node can become a validator.
You will learn about all these topics and get hands-on experience how you can configure the tokenomics of your own custom blockchain.
