How Does the Tokenomics of a Governance Token Influence Its Options Market Liquidity?

Tokenomics, including supply schedule, vesting periods, and utility, directly affect the token's price stability and available supply. A token with a large, unpredictable release schedule (poor tokenomics) creates uncertainty, which increases implied volatility and may deter market makers, reducing options liquidity.

Clear, stable tokenomics lead to more predictable price action and a more liquid, robust options market.