binance wodl words 8 letters today , The Binance WODL word of the day for August 18, 2023 is CREATION; BURN. It is an 8-letter word related to Tokenomics.
CREATION; BURN
Tokenomics is the study of the economic properties of a token. It includes factors such as supply, demand, and utility. The goal of tokenomics is to create a token that has a sustainable value.
The word "creation" refers to the process of minting new tokens. The word "burn" refers to the process of destroying tokens. Both of these processes can affect the supply and demand of a token, which can in turn affect its value.
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