A paradigm-shifting event may be taking shape for Akash.
#1408 is the missing ingredient for BME
Link:
github.com/orgs/akash-networโฆ
Credit first: the
@akashnet team built BME because they wanted the token to matter. Their own spec admits the old payment rails "reduced demand for AKT"-- so they engineered the fix.
But a conversion machine [BME] only converts what flows into it, and that inflow is a number the chain can't fully show us today.
By design, customers pay in plain dollars and never touch
$AKT.
@gregosuri has said it himself: enterprises see crypto as friction. Removing it from the UI is how you sign them โ and $7K/day of growing on-chain business, visible in the chain data itself, says it's working.
The trade-off: the dollars-to-token conversion happens out of public view. Unverifiable from outside. Until now.
#1408 would change that.
Overclock Labs (OCL) would remit a share of managed-provider revenue to the community pool..., monthly, in
$AKT, scaling with the buildout.
Most critically: Thie author confirmed the strictest version. OCL's own usage pays the highest rate -- 90% to the pool.
They didn't have to scope it that way. They did.
Here's what changes [if passed as it stands]:
The remittance is a disclosure. When 70โ90% of revenue lands on-chain monthly, anyone can work backwards to the whole income picture; and check it against OCL's quarterly reports.
Overclock keeps a fixed, published fee; they're a business doing real work: sales, settlement, counterparty risk. That's not extraction. Don't mistkae that. It replaces the old open-ended expense deductions with a number anyone can audit.
An
$AKT bill has only two funding sources:
[1] Oppen-market buying: external demand, measurable for the first time, or
[2] Existing inventory: equally visible.
Either way, the meter starts running.
Putting it together:
The market already showed what it does when Akash ties activity to the token -->BME's launch repriced AKT once.
#1408 is that logic with a multiplier:
@gregosuri is publicly pushing for more GPUs, citing demand he can't serve. Every GPU that lands grows the monthly obligation.
Here's the key:
@akashnet is courting enterprises of crypto-averse demand; Customers who will never touch a token, by design.
#1408 connects that ocean to
$AKT anyway. The customer pays plain dollars; the bill settles in the token. Two stories, finally the same one.
Now the scale.
Today, $5โ6K/day flows through BME. The stated buildout demands: 512 GPUs now, 2,000 in three months -- per
@gregosuri is multiples of today's numbers flowing acorss the network. Multiples.
[I'm not holding him to that time-frame, but only citing his tweets]
Against the other side of the ledger: at today's prices, absorbing the chain's entire issuance takes roughly $18โ19K/day of real buying....
A A 2,000-GPU fleet remitting under #1408 crosses that line on conservative assumptions. Past it, every additional GPU is buy-pressure the schedule can't absorb --> and governance just cut inflation in half this spring.
Same dollars, twice the coverage. Supply and demand converging from both directions at once.
BME was the engine. #1408 is the fuel line. The buildout is the throttle ---> and for the first time, all three bolt to the same machine.
A seminal moment is upon us.
DYOR.
#DEPIN