MANY people are confused about the dual-token system in the
@MidnightNetwork so let’s break it down simply.. MIDNIGHT doesn't use a traditional "Gas" model like Ethereum. Instead, it uses a Token-Generates-Resource model...
THE CONNECTION:
THINK of
$NIGHT as a solar panel. It is your capital asset—you hold it, stake it, and use it for governance. $DUST is the electricity that the solar panel produces...
GENERATION: Your
$NIGHT automatically generates $DUST over time.You don't "buy" Dust; you earn it by being a holder...
SUSTAINABILITY: When you send a private transaction, you spend the $DUST, not your
$NIGHT .This means your core investment stays intact while you use the network for free.
THE Devay Rule: Unlike regular tokens, $DUST is non-transferable and decays if unused. This prevents spam and ensures the resource is only used by active participants...
WHY it matters for the Rank..:
THIS "Deterministic Cost" model means businesses can predict their costs perfectly. No more gas wars or high fees during congestion. This is real-world utility.💯
#night #MidnightNetwork #Cardano #Web3 #Tokenomics Personal Research —Always DYOR...!