Last night I figured out the ledger of @MidnightNetwork , especially the consumption rate of the main currency's fuel. The more I analyze it, the more I feel it is a precise harvest for the deadweight party. According to regulations, DUST is a pure consumable; if not used, it becomes void. Let's extrapolate: if a thousand of $NIGHT are pressed into the pool, the ledger shows new fuel generated every day, but as long as there’s no action that day, resources evaporate directly according to the slope. This is completely different from the internet fees we used to accumulate; it forcibly binds people to a 'must continuously spend' production line. The longer the chips are pressed down, the more the real profits extracted by the consumption algorithm are ruthless.

Even more toxic combos are buried in the release table. With a massive plate of 4.5 billion divided into four waves, a quarter is unlocked every ninety days, with the end of March and June being two storm centers for unloading. Calculating the inflation coefficient: if the real consumption doesn't keep up, once the unit price of the main currency collapses, the strongly bound purchasing power of the fuel will immediately shrink significantly. The price drop of the currency leads to the consumables produced by the same quality collateral being insufficient; the teams that are actually coding and working inside will have to spend extra money to fill the gaps, and this account is definitely losing more the more you do.

What I find most outrageous is that consumables subleasing platform. The document states that it will only open in the second quarter, allowing you to rent out idle resources to recover. But right now, the network has just connected, and the place for flipping consumables doesn’t even have a shadow; who are you going to rent to? This forces small to medium teams to choose one of two options: spend heavily to stubbornly withstand evaporation losses, or buy spot goods daily and pay internet fees, leading to a terrible capital utilization rate. Several veterans in trading shook their heads after reviewing the data, asserting that this 'if not used, it clears to zero' rule is purely a pitfall during the barren period. Who dares to make a large fixed deposit now is destined to be strangled by both depreciation curves and the wave of unlocking. #night $NIGHT #BTC #ETH