DUST
DUST is the shielded and renewable network resource whose single function is to allow users to execute transactions on Midnight.
Shielded
DUST allows for transactions to take place without exposing metadata.
Consumable
DUST is consumed when used – meaning it is destroyed and does not cycle back into circulation.
Renewable
DUST is continually generated by NIGHT balances in perpetuity.
Decaying
A DUST balance decays when disassociated from the NIGHT address that generates it, meaning it cannot act as a store of value.
Non-transferrable
DUST cannot be transferred between addresses – insulating it from volatility and strengthening its sole utility.