Premine
A premine is a quantity of a crypto asset created and allocated before normal public mining, validation, or broad network participation begins.
✦ Key Insight
It can materially affect early ownership concentration and incentive design.
✕ Common Misconceptions
A premine is not automatically malicious, but users should examine disclosure, size, control, and vesting.
Detailed Explanation
In Practice
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Tokenomics
Tokenomics describes how a crypto token's supply, distribution, incentives, and utility are designed to influence how the token functions over time.
Treasury
The pool of assets a protocol or DAO controls, used to fund development, incentives and operations.
Holder Concentration
Holder concentration measures how much of a token's supply is controlled by a relatively small number of addresses or entities.
Token Emissions
Token emissions are new tokens issued or released into circulation according to a protocol's reward, incentive, or distribution rules.
Token Allocation
Token allocation describes how a token's total or initial supply is assigned among groups such as users, investors, team members, treasury, and ecosystem programs.