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#发帖赢代币NIGHT
. The Dual-Token Economy: NIGHT & DUST
The project uses a unique two-token system to manage the network:
NIGHT (Utility & Governance): This is the unshielded, public token. You can hold, trade, and stake it. Its primary job is to generate "DUST."
DUST (Operational Fuel): Think of this as the "gas" for the network. Unlike Ethereum where you spend your ETH to pay fees, in Midnight, you hold NIGHT to regenerate DUST. As long as you hold enough NIGHT, your transactions can essentially be "self-funding" because the DUST replenishes like a battery.
2. "Rational Privacy" Technology
Midnight uses zk-SNARKs (Zero-Knowledge Proofs) to allow for selective transparency. This is its "secret sauce":
Shielded Transactions: You can hide sensitive metadata like wallet addresses and transaction amounts.
Regulatory Compliance: Because it's "rational," developers can build apps that protect user data but still provide "proof of compliance" to regulators when necessary (e.g., for KYC/AML).
Developer Friendly: It uses a programming language called Compact (based on TypeScript), making it much easier for traditional web developers to build private smart contracts.
3. Market Performance & Distribution
As of mid-December 2025, the NIGHT token has seen significant activity:
Supply: The total supply is capped at 24 billion tokens.
Launch Momentum: Upon its recent debut, the token saw a massive surge in trading volume (exceeding 85 million ADA in DEX volume within its first week).
Distribution: A large portion of the supply (50%) was allocated to the Cardano community, with other portions airdropped to participants of Bitcoin, Ethereum, and Solana to encourage cross-chain adoption.
4. Ecosystem & Staking
The project isn't just a standalone chain; it is deeply integrated with Cardano:
Staking Rewards: Cardano Stake Pool Operators (SPOs) can act as validators for Midnight, earning NIGHT rewards in addition to their ADA rewards.
Real-World Use Cases: The project is targeting industries that need privacy but must follow laws, such as Healthcare (managing patient data), DeFi (private institutional trading), and Supply Chain