$NIGHT is not used directly for transaction fees
Instead, holding $NIGHT generates a resource called DUST, which is what actually powers transactions on the network.
Think of it like this:
• $NIGHT the asset
• DUST = the fuel for the network
As long as you hold $NIGHT, it continuously produces DUST over time, and that DUST is used to:
send transactions
interact with smart contracts
run dApps on Midnight
This model separates token price from network usage, since the real consumable resource is DUST rather than the token itself.
In simple terms:
NIGHT is the power plant.
DUST is the electricity.
It’s a token design that’s quite different from most blockchain gas models.
#Night @MidnightNetwork