Initial Listing: Gate to List Midnight (NIGHT) Spot Trading and Launch Launchpool

Gate will initially list Midnight (NIGHT) for spot trading at 10:00 on December 9, 2025 (UTC) and launch Launchpool project #344. Users can stake ETH, GUSD or NIGHT to share 1,250,000 NIGHT tokens for free. Airdrop rewards are distributed hourly.

Midnight (NIGHT) Spot Trading

Trading Starts: December 9, 2025, 10:00 (UTC)

Deposit NIGHT: https://www.gate.com/myaccount/deposit/NIGHT
Trade NIGHT in USDT Market Via: https://www.gate.com/trade/NIGHT_USDT

Airdrop Details

Mining Period: December 9, 2025 at 12:00 (UTC) – December 23, 2025 at 12:00 (UTC)

Total Staking Rewards: 1,250,000 NIGHT
Unlocking Rule: Unlock 100%

Early Staking:

Gate Launchpool allows users to stake in advance. You can stake your assets before the official launch of the project to ensure you start earning rewards as soon as mining begins.

Rewards Boost:

Users who stake ETH and choose to redeem into Simple Earn 7 Day Fixed Term product, can enjoy 25% extra airdrop rewards on top of their original staking earnings. Learn more.
Users who stake GUSD can enjoy a daily minting yield of 4.4%. Mint now .

Rewards Distribution:

The system will distribute token rewards to users’ spot accounts every hour based on the proportion of assets staked by each user.
How to Participate: Log in to your Gate account and complete Identity Verification - Navigate to Launchpool - Hold at least 0.00003 ETH / 0.05 GUSD / 1 NIGHT - Click [Participate].
Gate Launchpool FAQs

Project Information

NIGHT is the unshielded, native, utility and governance token of the Midnight Network, the cutting edge new privacy focused L1 from Charles Hoskinson.
Token name: NIGHT
Token symbol: NIGHT
Max Supply: 24,000,000,000
Token Type: Cardano
Token ID: https://cardanoscan.io/token/0691b2fecca1ac4f53cb6dfb00b7013e561d1f34403b957cbb5af1fa4e49474854
Token Distribution and Unlocked Rules:
Glacier Drop, 14.78%
Scavenger Mine, 4.17%
Midnight Foundation, 35.00%
Reserve, 25.00%
Midnight TGE, 15.00%
On-chain Treasury, 5.00%
Lost-and-Found, 1.05%
Website:
https://midnight.network/
https://midnight.foundation/
Whitepaper: https://docs.midnight.network/

Gate Labs Investment Disclosure

Gate Labs did not invest in Midnight (NIGHT).

Notes

1. Gate Launchpool is an innovative staking airdrop platform where users can earn hourly airdrops of trending and newly listed tokens by staking GT, BTC, ETH, USDT, GUSD or other tokens. With low entry barriers and high APR, it’s an easy way to capture market opportunities.
2. Please complete Identity Verification before participating in Launchpool to enhance the security of your account and assets.
3. Please follow the relevant rules of the event when participating. Any cheating behavior is prohibited, which will result in disqualification of the rewards.
4. In case of discrepancies between the translated and the original English versions, the English version shall prevail.
5. Gate reserves all rights to the final explanation.
6. This event is not affiliated with Apple Inc.
7. Users in the United Kingdom and other Restricted Locations cannot access the Services (including the participation in this event, game or competition). See the User Agreement for further details on Restricted Locations.

Risk Warning

1. As a blockchain startup still in its early stages, the project may involve significant risks in various aspects, including operations, underlying technology, and the legal and regulatory environment.
2. Understanding blockchain startups and assessing their inherent risks require advanced technical and financial knowledge.
3. Due to influences from technology, regulatory frameworks, market conditions, and other factors, the project you participate in may experience significant price volatility, with prices potentially rising or falling sharply.
4. Due to issues related to the underlying technology of the project or the Gate trading platform, you may be unable to withdraw all or part of your assets from the project.
5. Cryptocurrency projects are high-risk by nature, and cryptocurrency prices are highly volatile. The project team does not provide any form of margin, price commitment, or downside protection. Please ensure you fully understand the risks and are capable of bearing them before participating. While the platform strongly warns of potential risks, it cannot assume liability for any investment decisions or provide any guarantees or compensation.

Gate Team
December 6, 2025

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