ICYMI: Last week, @MidnightNtwrk released their tokenomics whitepaper, unveiling IO’s Glacier Drop model—a new approach to value distribution and sustainability in Web3. Here are the four core principles behind the design 🧵

Predictable operations The model introduces a structure where transaction costs remain predictable and consistent over time. This helps reduce reliance on volatile token prices and allows developers to plan with more stability. 🧵2/6

Rational privacy Transactions are designed to shield user metadata while still supporting compliance. It strikes a balance between privacy and responsibility, creating space for private activity within a legal framework. 🧵3/6

Cooperative tokenomics @MidnightNtwrk is challenging the common model where public blockchains motivate users to stay confined within a single ecosystem. This model introduces a truly interoperable layer that enables participation across chains, allowing users to engage with multiple networks or even pay with fiat. It supports a future where Web3 becomes a connected and collaborative space, with economic incentives aligned across ecosystems. 🧵4/6

Fair by design Midnight’s implementation uses a phased and transparent distribution approach. The goal is to grow a diverse and engaged community from the beginning by focusing on active participation rather than early capital. 🧵5/6

Midnight is the first to put this model into action, but its design offers a path forward for networks aiming to build more inclusive, interoperable systems. Learn more: 🧵6/6