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Onchain · DeFi

Tokenomics as an attack surface

Supply schedules, vesting, and incentives are code too. We break down the economic exploits.

Token supply and incentive mechanics visualised as an attack surface
AN3 Security · · 10 min read

If your tokenomics can be gamed, your protocol will be gamed — often without touching a single line of Solidity.

Common economic exploits

  • Emission schedule cliffs that enable governance capture
  • Vesting contracts with unlock logic bugs
  • Liquidity incentive loops that drain the treasury
  • Oracle-dependent rebasing mechanisms

AN3 Intel Brief · DeFi & economic modeling.