2. Token Fundamentals

2.1 Emissions, Burns, and Supply Dynamics

The long-term sustainability of a token depends on how its supply evolves.

• Emissions add tokens into circulation (through vesting, rewards pools, or liquidity incentives).

• Burns permanently remove tokens from circulation, creating scarcity

• Controlled Supply Models balance emissions and burns, preventing both inflationary collapse and excessive scarcity.

M87 follows a controlled supply model:

• Fixed maximum supply TBD.

• Gradual emissions via vesting and a 5-year Rewards Pool.

• Multiple burn mechanisms tied to real user activity (tournament fees, venue usage, governance buybacks).

This approach ensures that supply growth is directly linked to adoption and activity, not arbitrary inflation — aligning the economic engine of M87 with genuine ecosystem engagement.