Cardano (ADA) holders might receive a Midnight (DUST) giveaway, as per an unofficial forecast made by a member of its community.
Cardano (ADA) investors could potentially receive an exciting reward boost via a speculated giveaway campaign associated with the Midnight Protocol, which is expected to be initiated in the near future.
A Generous Payout in Store for Cardano (ADA) Investors
The initial report surfaced on the X app, shared by a community member known as @bigpeyYT. This development has generated increased curiosity within the Cardano community, given that big pey is a respected figure with a following from Input Output Global (IOG), the parent company of the Cardano protocol. In response to this announcement, some community members are already raising queries, such as the specific wallet requirements and eligibility criteria.
According to big pey, users may qualify for the airdrop if their chosen Stake Pool Operators (SPOs) are operating on the Cardano platform. He emphasized that while the plans may evolve in the future, currently, those staking in support of Midnight take precedence.
As the official announcement is eagerly anticipated, ADA holders are placing their trust in the strong connection between big pey and the project’s founders as they prepare for the impending event.
Cardano unveiled the Midnight Protocol and its native token, DUST, as a significant step towards realizing the vision of decentralized privacy, catering to the needs of numerous Web3.0 users.
Even though Midnight (DUST) is not yet in full operation, IOG disclosed this month that it has chosen the initial set of pioneers for the Devnet. Recognized for its commitment to decentralization, the Midnight Devnet could potentially be expanded to include a wider range of testers in the near future.
An Annual Overview of Cardano
The past year has been quite eventful for Cardano, marked by the implementation of numerous innovations on the mainnet. One noteworthy development was the introduction of the algorithmic stablecoin DJED in collaboration with Coti, which helped reshape perceptions of such tokens following the 2022 setback caused by the collapse of TerraUSD (UST).
In addition to DJED, Cardano introduced its scaling solution, Hydra Head, on the mainnet, demonstrating the team’s commitment to enhancing chain scalability in comparison to other blockchain projects. The Lace Wallet, another product rolled out by Cardano, has been providing valuable service to the members of its ecosystem.
Apart from Midnight, IOG is also spearheading fresh stablecoin projects and has enlisted new management teams to manage them. The upcoming Midnight giveaway to Cardano (ADA) holders might be IOG’s way of expressing gratitude for the community’s steadfast support of its innovations throughout the year.
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