[Initial launch: Gate will launch Midnight (NIGHT) spot trading and activate Launchpool] Gate will launch Midnight (NIGHT) spot trading on December 9, 2025 at 18:00 (UTC+8) and open the 344th phase of Launchpool. Users can stake ETH, GUSD, or NIGHT to split 1250000 NIGHT tokens for free and receive airdrop rewards every hour. Midnight (NIGHT) spot trading Starting time: 18:00 on December 9, 2025 (UTC+8) NIGHT recharge address: https://www. ((gate.com))/zh/myaccount/deposit/NIGHT NIGHT transaction address: https://www. ((gate.com))/zh/trade/NIGHT_USDT Airdrop Details Mining time: 20:00 on December 9, 2025-20:00 on December 23, 2025 (UTC+8) Total mining amount: 1250000 NIGHT Unlock method: 100% unlock /image/000_20251206_183659_2003b14cc00887f01c3267cf70eeb61f.png) Immediately pledge to earn coins Advance Pledge: Gate Launchpool supports users to stake in advance. Before the project is officially launched, you can pledge assets in advance to ensure that you start earning rewards as soon as the project starts mining. Reward Bonus: After pledging ETH and choosing to redeem it, users can transfer their assets to the Yu Coin Treasure [7-day] fixed-term product, which can add an additional 25% airdrop reward on top of the original staking income. Learn more. Users who pledge GUSD can enjoy a daily casting income of 4.4%. Immediately cast. Reward distribution: The system will distribute token rewards to users' spot accounts every hour based on the proportion of pledged assets. How to participate: Log in to Gate account, complete identity authentication - enter [Launchpool] - hold no less than 0.00003 ETH/0.05 GUSD/1 NIGHT - click [Participate]. Gate Launchpool Frequently Asked Questions and Answers Basic project information NIGHT is the exclusive token of Midnight Network - a cutting-edge new privacy first L1 public chain launched by Charles Hoskinson, which combines network utility and governance functions. Full name of token in English: NIGHT Chinese full name of token: N/A Token symbol: NIGHT Total amount of tokens: 24000000000 Token type: Cardano Contract Address: https://(cardanoscan.io)/token/0691b2fecca1ac4f53cb6dfb00b7013e561d1f34403b957cbb5af1fa4e49474854 Token allocation ratio and unlocking rules: Glacier Airdrop, 14.78% Scavenger mining pool, 4.17% Midnight Foundation, 35.00% Reserve fund, 25.00% Midnight TGE，15.00% Chain vault, 5.00% Lost and Bound Pool, 1.05% Project official website: https://midnight.network/ https://midnight.foundation/ White Paper: https://docs.midnight.network/ Gate Labs Investment Announcement Gate Labs did not participate in Midnight (NIGHT) investment. Precautions 1. Gate Launchpool is an innovative staking airdrop platform where users can earn hot coins and new currency airdrops every hour by staking GT, BTC, ETH, USDT, GUSD or other tokens. With low threshold and high annualization, users can easily capture market opportunities. 2. Participating users need to complete identity authentication first to ensure the security of their accounts and assets. 3. Please follow the relevant activity rules when participating, and any cheating behavior is prohibited. Any cheating behavior will result in disqualification from the award. If there are any differences between the translated version and the English version, the English version shall prevail. Gate has the final interpretation right for this event. 6. This activity is not related to Apple Inc. 7. Users in the UK and other restricted areas are unable to use all or part of the services (including participation in this activity, game, or competition). For detailed information on restricted areas, please refer to the User Agreement. Risk statement 1. Blockchain startup projects are still in their early stages, and there may be significant risks in project operation, underlying technology, legal and regulatory environment, etc. 2. Understanding blockchain startups and assessing their inherent risks requires advanced technical and financial knowledge. 3. Due to the influence of technology, laws and regulations, market and other factors, the price of the project you participate in may fluctuate sharply, and the price may decrease or increase significantly. 4. Due to the underlying technology of the project or the Gate trading platform, the project you are participating in may not be able to withdraw all or part of it. 5. Cryptocurrency projects have high risks. Cryptocurrency prices have high volatility. The project party has not set up a security deposit and does not provide any price commitment or breach guarantee. Please be sure to participate with a complete understanding of the risks and the ability to bear them. The platform strongly reminds you of the risks, but cannot assume responsibility for investment behavior such as guarantee compensation. Gate team December 6th, 2025