Just added more NIGHT, let me share the key points that made me decide to increase my position today.
Actually I've been watching since last week but kept hesitating. This afternoon I pulled out Midnight's technical documentation and went through it again, and noticed a detail I'd previously overlooked:
In DUST's deflation mechanism, there's a line that says: deflation speed adjusts dynamically based on total network staking volume, but in the early period a "protection period" will be set.
I specifically asked about this in the Discord, and the official response was: for the first three months after mainnet launch, DUST output has a minimum guaranteed floor and won't experience cliff-like drops even if staking volume surges. What does this mean? The first batch of stakers have locked-in rewards.
Looking at the current price, it's down a bit more from last week. My personal judgment is that selling pressure from the Glacier Drop is still being digested, but at this level it's acceptable for me.
My entry logic is straightforward: · Mainnet countdown is two weeks, staking window about to open · Early DUST output has a guaranteed floor, entering now captures the rewards period · Price is in the tail end of selling pressure, limited downside
Just swapped more ADA for it, screenshot attached. Holding for three months to watch the data, will exit if it doesn't work out. (Recording actual operations, don't follow.)$NIGHT
Just added more NIGHT, let me share the key points that made me decide to increase my position today.
Actually I've been watching since last week but kept hesitating. This afternoon I pulled out Midnight's technical documentation and went through it again, and noticed a detail I'd previously overlooked:
In DUST's deflation mechanism, there's a line that says: deflation speed adjusts dynamically based on total network staking volume, but in the early period a "protection period" will be set.
I specifically asked about this in the Discord, and the official response was: for the first three months after mainnet launch, DUST output has a minimum guaranteed floor and won't experience cliff-like drops even if staking volume surges. What does this mean? The first batch of stakers have locked-in rewards.
Looking at the current price, it's down a bit more from last week. My personal judgment is that selling pressure from the Glacier Drop is still being digested, but at this level it's acceptable for me.
My entry logic is straightforward:
· Mainnet countdown is two weeks, staking window about to open
· Early DUST output has a guaranteed floor, entering now captures the rewards period
· Price is in the tail end of selling pressure, limited downside
Just swapped more ADA for it, screenshot attached. Holding for three months to watch the data, will exit if it doesn't work out.
(Recording actual operations, don't follow.)$NIGHT