Midnight Token Model: Redefining the Economic Balance of Privacy and Compliance
The token model of Midnight Network innovatively adopts a dual-token architecture of NIGHT and DUST, aiming to resolve the long-standing contradiction between privacy protection and regulatory compliance.
NIGHT (Governance and Asset Layer): As the governance token of the network, NIGHT does not participate in daily transaction consumption, thereby avoiding the impact of price volatility on usage costs. Its core functions are to stake for network security, participate in on-chain governance, and serve as a 'mining machine' for generating DUST.
DUST (Utility and Resource Layer): DUST is a non-transferable resource automatically generated by NIGHT holders, specifically used for paying transaction fees and executing smart contracts. DUST has a 'decay' mechanism, where unused resources disappear over time, which prevents speculative hoarding and ensures the dynamic circulation of network resources.
This model cleverly separates 'equity' (NIGHT) from 'usage rights' (DUST), ensuring low costs and predictability for privacy transactions, while also paving the way for institutional-level applications through compliant design. @MidnightNetwork #night $NIGHT
