Charles Hoskinson, founder of Cardano, has presented a new Whitepaper about the anticipated Midnight tokenomics.
The report explains how Night (A token to drive value and governance) and DUST (A new type of protected resource to facilitate transactions) work financially, according to Gamza Khanzadaev in U Today.
The NIGHT token has a fixed supply of 24 billion, minted on Cardano and divided between Cardano and the new Midnight network, through a cross-chain mechanism to prevent double counting or exploitation.