> For the complete documentation index, see [llms.txt](https://docs.satoshiterminal.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.satoshiterminal.io/research-suite/data-coverage/tokenomics/token-circulation-and-deflation.md).

# Token Circulation & Deflation

The **Token Circulation & Deflation** feature focuses on how a token’s supply interacts with market demand and network utility. It encompasses mechanisms like **token burns**, **staking rewards**, and **inflation models**, providing insights into the scarcity and long-term value retention of tokens.

**Usage**:\
For tokens with **deflationary models** (e.g., **Binance Coin (BNB)**), understanding **burn schedules** or **staking yields** allows users to optimize their holdings and forecast potential scarcity. **Token burns**, such as those seen in **SHIB** or **Binance Coin**, directly affect supply, often increasing the perceived value of remaining tokens.

**Key Data**:

* **Burn Events**: Frequency and size of token burns, impact on circulating supply.
* **Staking and Lock-up Impact**: Amount of staked tokens, yield rates, and future supply projections.
* **Circulation and Scarcity**: Historical supply trends, inflation/deflation projections.