#night $NIGHT
Midnight Network is indeed a highly forward-looking project that attempts to solve a core contradiction in the blockchain world: how to satisfy regulatory compliance while protecting privacy. It is not simply an anonymous coin, but rather has built a set of underlying infrastructure for "rational privacy".
Dual token mechanism: separating capital and fuel
To balance privacy and compliance, Midnight has designed a unique dual token model:
- NIGHT: as a governance token, it is open and transparent, used for staking and governance.
- DUST: as privacy fuel, it is non-tradable, used to pay for privacy transaction fees and will decay over time. @MidnightNetwork