Midnight has introduced a new tokenomics model emphasizing controllable supply, sustainability, and secure funding. It abandons inflation reward mechanisms in favor of protocol-level revenue to buy back its native token NIGHT and deposit it into a treasury. This creates a deflationary circular economy that directly links security and development budgets to network activity, aiming to reduce reliance on external incentives. The design focuses on resource optimization and self-sufficiency, but its success depends on practical implementation and execution.