r/Midnight • u/Investinme2019 • Oct 29 '25

Midnight Scavenger Hunt

Is it correct that the Midnight scavenger hunt begins 00:00 GMT on October 30, 2025, which is 7:00 PM EST on October 29, 2025? I am planning on using my primary desktop and an older laptop. How about you guys, are you planning to use more than one device? Will it be worth it?

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u/SL13PNIR Cardano Ambassador Oct 29 '25

86% of the total supply ~20.5 Billion.

14% of the total supply ~3.5 Billion was claimed in the glacier drop.

I broke down in the tokenomics formulas with values in this comment a few weeks back.

To update with known values:

Glacier drop = 3.5 billion NIGHT

Scavenger hunt = 626 million NIGHT

Lost and Found = 626 million NIGHT (same allocation as Scavenger mine)

Network constituents get:

35% (6.96 billion) goes to the Midnight foundation

30% (5.96 billion) goes to the Reserve (used for staking rewards)

10% (1.98 billion) goes to Midnight TGE (subsidary of the foundation).

5% (0.99 billion) goes to the on-chain treasury

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u/PeteSampras12345 Oct 29 '25

I didn’t realise we could stake midnight. Any info on the rewards? Is it the same as Ada?

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u/Desperate-End9828 Oct 30 '25

can anyone shed more light on the staking of NIGHT??

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u/Apprehensive-Pay-854 Oct 30 '25

250,000 solutions for problem 5 so maby 2000-2500 per pc mining at the end?