#night $NIGHT The hidden rules on page 40 of the white paper: the moment you receive coins, the algorithm randomly generates a lock-up period of 1 to 90 days. This means that you and Lao Li both received ten thousand coins, Lao Li rolls out 15 days, and you roll out 85 days. Half a month later, Lao Li has already been buying low and selling high on the market, while you can only watch the profits on your account anxiously like a fool.
Abandoning the rigid linear unlocking, the pressure points have been completely turned into blind boxes. Institutions can't predict which day there will be a massive sell-off, and the bears can't find an auspicious day to gather. Market makers want to control the market for hedging? Facing this Schrödinger's circulation, just go crazy first. Even worse is the recovery mechanism on page 42, where not claiming for four years leads to a direct return to the treasury. The chips in those dead addresses can turn into a massive sell-off at any time after four years.
This is not token economics; this is a naked human nature test. It uses random numbers to dissolve concentrated selling pressure into nothingness, but it shoves the most deadly anxiety onto the coin holders. @MidnightNetwork