Burn-and-Mint Goldilocks Tokenomics for DePIN
summary
Burn-and-mint models map token value to the net present value of future fiat revenue, proved with game-theoretic analysis and simulations that show too-high rewards cause speculative collapse while too-low rewards starve contributors. Key rule: ratio of burn to token pile = incoming revenue / total expected value. Practical fix is to price mint rewards in fiat via an oracle (rather than fixed deflation), which flattens contributor pay and stabilizes mu·m.
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