$NAT is a Bitcoin-native token derived directly from Bitcoin’s block data, making it inseparable from the network itself. Launched through a fair mint with no pre-mines or insider allocations, it aligns with Bitcoin’s ethos of openness and decentralization. Today, $NAT is earned by Bitcoin miners as a second subsidy alongside block rewards, creating an additional incentive layer designed to strengthen Bitcoin’s long-term sustainability and security budget. By embedding value creation into the chain, $NAT reframes the question: how much is Bitcoin’s security worth?