When I was researching the Kite ecosystem recently, I found a very interesting threshold - want to issue coins on it? Stake KITE tokens first.

When I first heard this rule, my first reaction was: Isn't this clearly raising the threshold? But if you think about it, this is exactly what Kite is most clever. I have seen too many projects, and I am in a hurry to issue coins and harvest before the white paper is finished, and the team runs faster than anyone else.

Why is it necessary to stake? Say three heart-wrenching realities**

Let's talk about the first one first - keep the speculators out of the door.
If the cost of issuing coins is zero, then Kite has already been occupied by various air projects. The mortgage mechanism is like a sieve: those who just want to get in and out quickly will not pay this money at all; Teams that really want to do things for a long time are willing to bet real money in. Sincerity is not sincere, wallet is the most honest.

The second is more direct - interest bundling.
The moment you stake KITE to issue coins, your fate is tied to the entire ecosystem. If your project does well, the token will rise, and the collateralized KITE will also rise; If the project is bad, the mortgaged KITE will still shrink. This is the real "glory and glory", not just words.

The third is the most overlooked - the cost of ecological security.
Every new project is a potential source of risk, there may be contract loopholes, and the economic model may be a mine. Collateralized KITE is like a risk reserve, in case of a thunderstorm, there is still room for buffer in the ecosystem. To put it bluntly, this is protecting the interests of all participants.

**Data Talks**

After observing for a period of time, I found a noticeable change: since the strict implementation of staking rules, the average survival time of projects on Kite has become significantly longer, and the community activity has become more stable. Those teams that really wanted to do things stayed, and speculators naturally took a detour.

The threshold is sometimes not used to reject everyone, but to screen the right people.