Gate News bot message, according to the official Gate announcement on December 26, 2025
Gate Launchpool launches its 351st activity, featuring Midnight (NIGHT) token mining. Users can stake BTC, ETH, or NIGHT tokens to share 2,250,000 NIGHT tokens for free, with rewards distributed hourly. The mining period runs from December 26, 2025, 20:00 (UTC+8) to January 5, 2026, 20:00 (UTC+8), with 100% token unlock.
The ETH staking pool’s lock-up limit is determined by the user’s total trading volume over 60 days, which includes spot trading volume, futures trading volume (weight 40%), and options trading volume (weight 5%). After redemption, BTC stakers can transfer assets into the YuBiBao 7-day fixed-term product to earn an additional 35% airdrop reward. Users must meet the minimum total trading volume requirement of $60,000 over 60 days to participate in BTC staking and receive hourly airdrops.
Midnight is a privacy-first Layer 1 public chain launched by Charles Hoskinson, with the NIGHT token serving both network utility and governance functions. Gate Labs has not participated in the investment of this project.
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