🧐 About #Bybit's Launchpool and Token Splash, the recently popular $NIGHT has launched.

It seems that this is the largest new coin airdrop from Bybit in recent times, with 250 million NIGHT definitely representing a prize pool worth tens of millions!

$NIGHT Midnight Network (@MidnightNtwrk) is a fourth-generation blockchain project focused on "rational privacy," aiming to address the data leakage issues caused by excessive transparency in Web3.

Utilizing zero-knowledge proofs (ZKPs) technology, it allows users to verify transactions and facts without exposing sensitive business or personal information, supporting the development of privacy-first DApps, such as compliance audits and identity management.

Three trends worth observing in this Bybit event:

1) Launchpool - 50 million tokens:

Current yield: Current APR up to 800.00%;

Participation method: Stake NIGHT or MNT to participate;

Event duration: December 10 to December 16 (6 days)

Details of the two staking pools:

- NIGHT Pool Reward: 10 million NIGHT

- MNT Pool Reward: 40 million NIGHT

2) The value narrative of MNT has been amplified

Here we can see that Bybit's "continuous empowerment" of MNT is the strongest, as almost all coins with impressive growth have MNT pools.

In this NIGHT Launchpool, MNT directly takes 80% of the reward pool, as if it is "binding the core assets of the ecosystem."

My judgment is:

Bybit treats MNT as the "connector" of the entire ecosystem:

3) The threshold for the trading competition is not high:

The Token-splash threshold is still very low; new users can trade with 100 USDT to receive beginner rewards, while existing users can participate with a trading volume of 500 USDT, with single numbers potentially earning up to 10,000 USDT.

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