Sinks, Seasons, and Smart Wallets: Practical Tokenomics Patterns Shipping in 2025

If 2021-22 was the hype cycle for “earn,” then 2025 is the year tokenomics quietly gets practical. Lower L2 costs, smarter wallets, and live ops learnings are pushing Web3 game economies toward durable loops: clear sinks, activity-tied rewards, and seasons that reset without nuking trust. Below is a 4-5 minute field guide to what's working right now-and how to ship it.