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Tokenomics is the economic engine of Cardano—shaping adoption, participation, and trust. As part of the Cardano Vision program, Input | Output Research has outlined three key research streams under the Tokenomics research area:
1️⃣ Tokenomics design
2️⃣ Rewards & fees
3️⃣ Stablecoins
Together, they aim to build a resilient, decentralized, and growth-ready economic foundation. As Paolo Penna explains, the token economy is shaped by validator incentives, the expanding system of partner chains and on-chain governance, and the dynamic feedback loop of ada’s market price.
To navigate this complexity, he called for integrated models that treat Cardano as a living economy—one where incentives, adoption, and governance co-evolve in real time.
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