Cryptoeconomics is an evolving economic paradigm for a cross-disciplinary approach to the study of digital economies and decentralized finance (DeFi) applications.[1][2] Cryptoeconomics integrates concepts and principles from traditional economics, cryptography, computer science, and mathematical game theory disciplines.[3] Just as traditional economics provides a theoretical foundation for traditional financial (a.k.a., Centralized Finance or CeFi) services, cryptoeconomics provides a theoretical foundation for DeFi services bought and sold via fiat cryptocurrencies, and legally bound by smart contracts.