Setting aside the fluctuations in coin prices, the ATH's DAT is a very interesting mechanism: This system has three types of assets: coins, DAT stocks, and points. There are four types of players: coin holders, stockholders, point providers (providing computing power to earn coins), and enterprise clients (paying with coins to receive services). The previous business model was quite simple: computing power providers offered services to enterprise clients, settled through coins. The normal DAT model involves the foundation buying coins; when the coin value is high, the DAT stocks are valuable, and if someone buys, they continue to sell stocks to finance the purchase of coins. In Aethir's model, there is an additional concept of computing power; tokens are not directly linked to DAT stocks, but rather to computing power, which is linked to stock prices. The premise of this gameplay is that the computing power business can remain hot, allowing ATH to steadily take a cut from the computing power market. Under these conditions, during an upward cycle, the foundation provides a 20% grant to DAT to attract cash investors, which means that if cash is used to buy computing power, the foundation will give an additional 20% of stocks to amplify NAV, reducing costs for buyers. A higher stock price corresponds to higher computing power, as users with 20% free stocks will be more inclined to use cash to buy computing power. More computing power leads to more business, allowing the foundation to take a 20% platform fee, which essentially means that the foundation is providing extra stocks to users who purchase computing power with cash. Higher stocks mean higher NAV, which attracts users participating with coins, bringing in spot buying pressure for the coins. In a downward cycle, enterprise clients pay with ATH coins in the computing power leasing business; this selling pressure will be redeemed by DAT to hedge against the selling pressure. By converting the tokens held by the stock company into company revenue, DAT can then sell computing power leases to generate cash flow. Therefore, as long as enterprise clients exist, DAT will earn money slowly using revenue to prevent token collapse and gradually pull back the discount. Holders of locked tokens will receive stocks, effectively transferring the selling pressure from unlocked tokens to stocks, which are backed by income-generating computing power. Computing power providers are essentially aligned with token holders because they rely on this network to make money. When locked token users release coins, computing power providers offer computing power, and investors provide cash to exchange for stocks together. Without the pressure of unlocking tokens, it becomes easier to drive up prices; computing power providers contribute both cash and coins, allowing for a deeper binding with the network, while the foundation allocates a portion of revenue as the basic support for the entire system. Logically, this is a win-win-win situation. So where are the risk points? Firstly, if the business does not meet expectations, the available pie may not be large enough, or it may not be able to sustain the 20% grants; without new buyers entering the system, it could be very dangerous. Secondly, if the coin price collapses, when the price of the coins that token investors take out does not match the value of the machines, there will be more providers of coins than users providing machines, putting short-term pressure on the stocks. Therefore, maintaining revenue from enterprise clients and coin prices is the most critical issue for the team to consider~ This should be the most reasonable and strategically engaging DAT I've seen recently; compared to a purely coin-stock DAT, it is much better and worth watching for future performance.