JUST IN: Charles Hoskinson updates his X profile picture and banner. "Building a better world is a war worth winning. Cardano: a Proof of Stake foundation. Midnight: Privacy is our right. Decentralization, sustainability, interoperability, privacy." $ADA $NIGHT
Hello Dune!
Hot off the back of last week’s announcement welcoming Pyth to Cardano, the Critical Integrations program is now bringing first-class analytics to the ecosystem, making Cardano’s on-chain activity legible in the same data environment used by the rest of the industry.
Following approval by the Steering Committee representing @IOGroup@Cardano_CF@emurgo_io@midnightfdn, we have signed a multi-year agreement with @Dune to integrate Cardano data directly into their analytics platform.
A thread 🧵
Midnight is currently ranked 77th by market cap. That's a bigger market cap than Polygon and Filecoin, while also being slightly behind Arbitrum and Algorand.
Who expected this?
Redemption of NIGHT tokens starts on December 10, 2025.
How to redeem NIGHT?
NIGHT will be released gradually over 360 days according to a fixed schedule.
The gradual release of NIGHT can prevent high selling pressure in the short term.
Every destination address is assigned a random first day between December 10, 2025, and early March 2026.
Everyone will have their allocation released gradually in 4 phases. You must perform the following process four times consecutively.
In each phase, you will receive 25% of your allocation, for a total of 100% in 4 phases.
There is a 90-day gap between each phase.
If you are lucky, you may receive your first allocation on December 10, 2025. If you are unlucky and are among the last, it will be on March 10, 2026.
You have to insert your destination address into the redemption portal to find out the time of the first allocation.
In my case, it was in 38 days.
I looked at the calendar and found that I can get the first allocation on January 13, 2026.
Then I add 90 days each time to find the dates of the remaining 3 allocations:
▪️April 13, 2026
▪️July 12, 2026
▪️October 10, 2026
Write down the dates.
PRO TIP: Google will calculate the allocation date for you if you enter "January 13, 2026 + 90 days".
For redemption, you need 2 things:
▪️The address you used during the claim process. You may have destination addresses in the certificate that the portal generated for you during the claim process.
▪️A Cardano wallet with enough ADA to cover the transaction fees.
You can use any Cardano wallet with ADA regardless of the destination address.
If you connect a Cardano wallet with a destination address, the portal will detect it immediately. You can redeem directly.
You can manually enter the destination address next to any Cardano wallet with ADA.
You will see the amount of NIGHT that you can redeem.
If NIGHT is not yet redeemable, you will see the number of days left until the next possible redemption.
NIGHT tokens will always be sent to the destination address regardless of the connected Cardano wallet.
To redeem NIGHT, you must sign the transaction and, of course, pay the transaction fees.
Just click the Redeem button. The portal will prepare everything for you.
Link to the Redeem portal (check it to be sure!): https://t.co/z8WESC2JA5
1/ Two big updates are coming to Scavenger Mine.
1️⃣ The total NIGHT allocation for the Scavenger Mine phase is increasing to 1B NIGHT.
2️⃣ The final day will be browser-only to better increase the opportunity for all participants.
Details below 👇🧵
@Cardanians_io I've had quite a lot of issues happen. But I'm still mining. But sometimes it said mining active but then I look down at the questions solved and it's not giving me new ones so I wind up missing out on a number of them. Especially when I'm sleeping and it happens
4 Reasons I'm not bearish on ADA this month
-November historically strong month for BTC
-QT ending Dec 1st will be front ran
-ETF inflows held steady over last 30 days
-Weekly RSI oversold on ADA
Repost if you agree!