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Merge pull request #115 from dusk-network/economic-protocol-feedback
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Additional feedback on econ model
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Eduardo Leegwater Simões authored Jan 31, 2024
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\subsection*{On Fee Denomination}\label{subsec:on-fee-denominations}
We have chosen to write this document under the assumption that fees are
denominated in \dusk.
Given a specification of other denominations known to the \transfercontract,
it is possible to extend this economic model to support other denominations
for fees.
It would then become viable for a \user pay for a contract's \fee in any
denomination supported by the \transfercontract, with particular emphasis
on EMT (Electronic Money Token) or ART (Asset Reference Token) as established
by the MiCA regulatory framework.

Paired with the receiving \contract being able to specify the denomination(s)
that it is willing to accept, this would allow for some interesting use cases,
such as frictionless digital currencies and tokenized loyalty programs.

\subsection*{Prior Art}\label{subsec:prior-art}
Some blockchains are also trying to create incentives for smart contract
developers/owners.
Fantom\footnote{https://docs.fantom.foundation/funding/gas-monetization} and NEAR\footnote{https://wiki.dusk.network/org/roadmap/economic-model\#platform-pays-contracts} propose
Fantom\footnote{https://docs.fantom.foundation/funding/gas-monetization} and NEAR\footnote{https://docs.near.org/concepts/basics/transactions/gas} propose
similar approaches to the one presented in this document, albeit with
slightly different implementations.

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