Dynamic Balance Strategy:
Phase One: Network Cold Start Period (Priority Node Revenue and Security)
Strategy: Through higher token inflation, heavily subsidize early nodes to quickly establish a foundational computing power network and secure staking. User costs may be deliberately lowered or even free to attract the first batch of developers.
Triangle Status: High node revenue, low user cost, but security/decentralization may be weak (due to a limited number of nodes which may be centralized).
Phase Two: Ecological Growth Period (Seeking Balance)
Strategy: As real demand grows, gradually reduce inflation subsidies, making network transaction fee income the main source of node revenue. By optimizing technology and scale effects, strive to lower user costs while ensuring reasonable node revenue. Additionally, promote decentralization through mechanism design (such as penalizing centralized nodes).
Triangle Status: Seeking a balance among the three in dynamic fluctuations. This is the phase that tests the design of the economic model the most.
Phase Three: Mature Stable Period (New Equilibrium)
Strategy: The network forms a strong brand and scale effects. Node revenue primarily comes from the substantial transaction fees generated by a large, stable real demand. Security is guaranteed by massive staking capital and mature code. User costs remain competitive due to network efficiency.
Triangle Status: Reaching a sustainable and relatively stable equilibrium point.
Possible Imbalances and Correction Mechanisms:
Node revenue too low → Node loss → Network shrinkage: Governance can correct this by temporarily increasing the transaction fee distribution ratio or launching new incentive programs.
User costs too high → Demand decreases → Node revenue decreases: Governance can lower costs through technical upgrades (reducing overhead), introducing subsidies, or adjusting parameters.
Excessive centralization → Security and trust risks: Governance can modify the reward formula, penalize large mining pools, and reward independent nodes.
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