#projectdeeplearning 0927476033#dymension-6:
How to understand the dysmension protocol economic model
First, let us explain Sequencer Stake. In the dYmension protocol, Sequencer is a role responsible for handling the order and execution of applications. In order to become a Sequencer, a certain amount of DYM tokens need to be mortgaged. The purpose of this is to ensure the security of the network and provide incentives for Sequencers that process transactions.
Next is RollApp Income. RollApp is the concept of a specific application built in the dYmension protocol. Users can interact directly with RollApp and pay user/network fees based on specific application logic. These fees can be paid using any external token specified by the community and developers, such as stablecoins, DYM tokens, or RollApp’s own native token. RollApp’s autonomy determines how fees are paid.
Finally, let's look at an example of RollApp. Suppose there is an application called RollApp Example, which is built on the dYmension protocol. Users can use this application to perform certain tasks, such as buying and selling digital assets. When users make transactions on RollApp Example, they are required to pay certain fees, which will be paid based on the application's logic. These fees can be DYM tokens, stablecoins, or other external tokens. By using the dYmension protocol and RollApp Example, users can conveniently conduct digital asset transactions and pay corresponding fees according to the rules of the application.
In short, dYmension Economics is about the economic model of the dYmension protocol, which includes key concepts such as Sequencer Stake, RollApp Income, and RollApp Example. Sequencer Stake is the DYM token that needs to be staked to ensure network security and provide incentives, and RollApp Income is the fee paid between users and the network based on application logic.