- Charles Hoskinson reveals that Cardano users will soon earn NIGHT.
- He says that they can earn NIGHT on top of their regular ADA staking rewards.
- The Cardano Treasury will inevitably become a multi-chain treasury.
The latest news around Cardano has brought more attention to the only truly decentralized blockchain and its native asset, ADA. The recent launch of the Midnight Sidechain and the Glacier Drop brings more users to the Cardano ecosystem. Cardano Founder Charles Hoskinson states that Cardano users will soon earn NIGHT on top of their regular ADA staking rewards.
Cardano Users Will Soon Earn NIGHT Alongside ADA
The Cardano ecosystem has been gaining a lot of attention this bull cycle, mostly due to all of its accomplishments since the last bull cycle. In under 4 years, Cardano has launched multiple upgrades that have made the Cardano blockchain the only truly decentralized ecosystem, complete with smart contracts, NFT minting, DeFi options, speed, security, infinite scalability, and enhanced interoperability.
What’s more, Cardano also launched the Midnight Sidechain, a network that connects the Cardano blockchain to several other blockchains, making collaboration and innovation across chains an easy feat. Cardano also recently introduced the Bitcoin DeFi Toolchain, which allows BTC holders to earn passive income and build alongside other chains. With this, Hoskinson hopes to further innovation in the web3 realm.
Hoskinson has always been a true believer in decentralizing power and did not compromise anything despite repeated discouragement from non-believers. Thus, he took a slow and steady approach to deliver the Cardano blockchain he envisions and strives to connect all future ventures to Cardano with ADA at its core. He promises to give back to the community, starting with the Midnight Drop.
ADA Staking Rewards Will Be Accompanied By NIGHT
The Midnight Sidechain launched recently, promising NIGHT tokens to all ADA holders across 8 ecosystems. Those who qualify can begin to claim their ADA as soon as possible. In the long run, Cardano will be able to earn NIGHT alongside their ADA staking rewards, building a cohesive and active community that always gives back to its users. Charles Hoskinson adds more on the matter.
As we can see from the post above, Cardano Founder Charles Hoskinson reminds Cardano users that they will be able to earn NIGHT on top of their regular ADA staking rewards. He also talks about how Cardano’s treasury will eventually include billions of dollars in ADA and other assets. He says thanks to partnerships via Midnight, Cardano’s Treasury will be a multi-asset Treasury, leading to an even more active crypto community.
