Let me tell you a heart-wrenching little story: Last night my friend wanted to make a small interaction on a privacy chain, after half an hour of messing around, first buying native coins, then transferring chains, adjusting Gas, and finally the transaction got stuck and failed. Gas was deducted, money didn’t move, and privacy was not enjoyed, which made him so angry that he directly deleted his wallet. Isn’t this our daily life as retail investors? Interacting on the chain is not playing with the chain; it’s clearly paying a “network rent” monthly, while miners and sorters earn toll fees, and we spend money without even hearing a sound.
Recently I came across the newly updated (Tokenomics) white paper, and I realized that someone is really changing this “bloodsucking logic”. They created the DUST Capacity Marketplace, which directly solved all the old problems of privacy chains.
In the past, the most discouraging aspect of privacy chains was the threshold: to initiate hidden transactions, one had to first buy the native coin and then study how to pay Gas, with complicated steps and uncontrollable costs, making it nearly impossible for project parties to attract new users. Midnight has adopted a very pragmatic cooperative economic model: holding will linearly generate DUST—this is specifically used as fuel for privacy transactions, straightforward and uncomplicated.
The best part is that idle resources are not wasted. Those who hoard coins rarely engage in privacy transactions, while excess DUST is purely idle on other chains; in Midnight, it can be directly listed for P2P or spot market sales, generating rental income and turning idle network resources into real cash flow.
From the perspective of dApp developers, this is simply a dimensional reduction benefit. For example, when creating an institutional-grade privacy OTC platform, there is no need to force clients to learn how to buy Gas or navigate complex processes; they can directly rent DUST in bulk at low prices from large holders in the capacity market, with the backend covering the privacy Gas for users, allowing zero-threshold access to privacy features, significantly enhancing user acquisition and experience.
This capacity market essentially serves as a second-hand trading platform for privacy computing power and network bandwidth, and the protocol fees generated in the market will flow back to the chain's treasury, benefiting the entire ecosystem and forming a positive cycle, rather than a zero-sum game or relying on reckless issuance for survival.
Of course, the market depth and final pricing mechanism of the Mohalu stage still need to wait for the mainnet to go live for verification, but this set of logic that monetizes idle resources and allows both retail investors and developers to win is much more appealing than many public chains that only focus on internal consumption and rely on inflation.
