#发帖赢代币NIGHT

Why Gate Launchpool NIGHT?

Launchpool is a platform where users can stake their assets or earn rewards in new project tokens by providing liquidity. Users can lock tokens specified in the Launchpool pool to receive the corresponding project token rewards.

To ensure fairness and participation on Launchpool, different staking limits are set based on user trading volume.

When you stake BTC, GT, GUSD, ETH, and USDT on Launchpool, you receive a bonus subject to individual hourly reward limits by choosing to transfer your staked assets to the Simple Earn Fixed Term (Simple Earn Fixed Time) option.
Joining Gate Launchpool NIGHT is very simple. All you need to do is log in to the Launchpool page and stake NIGHT, ETH, and GUSD tokens, even if it's a small amount, from your wallet.

You will receive hourly NIGHT rewards on Gate Launchpool with the tokens you stake. You can add these NIGHT rewards to your staked NIGHT. You can see the received rewards in your wallet.

Besides Gate Launchpool NIGHT, you can also participate in Gate CandyDrop, another great Gate application.

By logging into the Gate CandyDrop page, clicking the "Join" button, and completing the given tasks, you can receive the following rewards: First Spot Trade Prize Pool 750,000 NIGHT, Daily Check-in Pool 750,000

NIGHT, Deposit 750,000 NIGHT, and Invite and Share with New Friends 750,000 NIGHT.

CandyDrop is an airdrop reward campaign launched by Gate; it's a reward campaign where users complete tasks such as trading, depositing, and referring to earn candy. The more tasks you complete, the more candy you can earn, and the higher your chances of receiving airdrop rewards.

Users can earn candy in CandyDrop by completing specific tasks. There are various tasks, including depositing money and participating in certain transactions. Each completed task gives the user a certain number of candies.

NIGHT is the transparent and public native and governance token of the Midnight Network. Midnight provides programmable privacy using zero-knowledge proof-of-stake smart contracts. Unlike classic privacy-focused cryptocurrencies, all transactions of NIGHT are conducted openly and auditably. The primary function of NIGHT is to secure the network and generate the DUST resource used to run transactions.

Token's Core Function: Resource Generating Model

The Midnight network uses a dual-component token model to separate governance and capital from operational costs:

NIGHT (Native Token): This is the capital asset. NIGHT holders automatically generate DUST.

DUST (Resource): Used as a shielded, non-transferable resource to pay transaction fees and run smart contracts.

Key Advantages

Different Economic Tiers: Separating NIGHT and DUST provides a clear economic advantage to users and developers.

Battery Renewal Model: DUST, like a battery, is regenerated over time as it is consumed, depending on NIGHT ownership.

Predictable Operational Costs: Because DUST is constantly renewed, organizations and frequent users can perform transactions without depleting their NIGHT core assets.

Easy Application Launch (Self-Funding DApps): Developers can generate enough DUST for their users by holding NIGHT, making applications free for users.

Protection of Governance Rights: Users spend DUST; NIGHT ownership and governance rights remain unaffected.

Total Supply: 24 billion NIGHT

Maximum Supply: 24 billion NIGHT

Circulating Supply: 10.8 billion NIGHT

Token Launch: December 2025

Thawing Period: 450 days (quarterly equal thawing)