Excited to announce that the first perps dApp on Midnight mainnet launches TODAY 🚀 Private mainnet participants can trade probabilities with leverage, across crypto, stocks, commodities, politics, sports & more! Multi-chain from Day 1: ASCEND

Moving between Cardano and fiat is still too complicated, so we shipped an open-source MidnightZK Off-Ramp SDK! This developer toolkit allows Cardano wallets and dApps to convert ADA into fiat via web2 payment rails (Wise / Cash App / Revolut) without anyone taking custody of the user's funds. On the Cardano side, an Aiken Plutus V3 escrow validator holds the user's ADA under an inline EscrowDatum and only releases it on an operator-signed RELEASE redeemer — or refunds it on a sender-signed REFUND after a deadline if the fiat leg never settles. Privacy comes from a Midnight Compact zk-SNARK circuit that proves the payee handle and fiat amount match the on-chain commitments (plus an optional compliance flag) without ever revealing the underlying values on the public ledger. We've exercised the full validator surface on Cardano Preprod — five real transactions across both the Cash App and Wise paths: LOCK #1 (Cash App) → REFUND, and LOCK #2 (Wise), LOCK #3 (Wise) → RELEASE.

Interested in Cardano Macro data? 🚀 We've got you! Check it out over on frigid.ai/macro

Last chance to become one of the first perps traders on Midnight👀 Applications for Ascend closed mainnet access will close shortly. APPLY HERE: docs.google.com/forms/d/e/1F…

$ASCEND and $STRIKE are the only tokens today to outperform stablecoins🤯

Cardano dApps need sustainable revenue to survive and the single-sale model (token sales or NFTs) doesn't work because it front-loads value extraction but back-loads responsibility. When a team does a single-sale, they receive the capital up front and the buyers then have to hope the token appreciates over time. There is a heavy reliance on trust and narratives. Because the team has already made their money, focus often becomes about: → secondary market volume → floor maintenance → marketing cycles → listings Rather than → product market fit → revenue → real product usage In many cases, appreciation of the token becomes the product and this takes focus away from actual utility. If the primary monetization mechanism is the initial sale, early buyers depend on later buyers paying more and it traps even good projects because there was never an actual economic engine and value depends on market sentiment. Recurring revenue and ongoing usage are really the only way for a project to achieve real sustainability in this space. Nucast has contributed an open-source subscriptions and micropayments product that projects can use to charge a recurring fee for goods and services. The infra is there, it's up for projects to use it!

Perps mainnet is very close... $ASCEND @AscendPerps

Our prediction perps contracts are now live on Midnight mainnet and closed mainnet is launching SOON 👀 We're opening a limited number of spots for access, apply here: docs.google.com/forms/u/1/d/… Contract Links: explorer.1am.xyz/contract/3b… explorer.1am.xyz/contract/83…

We built a governance tool that allows DReps to poll their delegators on specific proposals. Why does this matter? Because the "REP" in DRep stands for REPRESENTATIVE. DReps should not be voting based only on their personal preferences.

⚡️Giveaway⚡️ To celebrate @AscendPerps DEX going live on Midnight Mainnet (1st dApp to launch on Midnight), we are giving away 1000 $ASCEND 🔥 ⏰48 hrs to participate: ✅Follow @AscendPerps ✅Follow @Sssebi ✅Like&RT ✅Comment " Ascend on Midnight "

Introducing Midnight's first dApp, live on mainnet: Ascend DEX dex.ascend.market/ Ascend is now etched in history as the first team to bring onchain DeFi activity to Midnight, onboarding the first 100 users. We said we would, so we did 😎

The $ASCEND devs are killing it. First team bringing a dApp to #Midnight mainnet and now also launching the first meme coin on Midnight. Free airdrop for all ASCEND holders. Join our Discord and stay up to date with all the latest updates. Bullish @AscendPerps

Amazing week for Cardano perps 🔥 @ascendperps $ASCEND → became the first dApp ever launched on Midnight mainnet 🔥 @strikeperps $STRIKE → v2 surpassed 200k platform trades with open interest near ATH🔥 @atlas_defi_ $ATLAS → public testnet launched, users invited to compete and stress test 🔥 Cardano has builders! #Cardano #CardanoPerps

The single most urgent point-of-friction that prevents further adoption of blockchain is messy and complex UX/UI If we solve that, we open the door for the masses. People don't care about → seed phrases → bridges → wallet signatures → gas fees → 'which chain am I on' They want outcomes. Right now, crypto feels like using the Internet in the early 90s. The winners of the next era will be the teams that abstract complexity away without compromising the core values that make blockchain important in the first place. Like SyncAI 😊

Here’s a full list of our accomplishments: Just kidding, First dApp to deploy contracts on midnight mainnet $ASCEND

Which Cardano perps token are you most bullish on? 🔥 $STRIKE $ASCEND $ATLAS #Cardano #CardanoPerps

BREAKING: Ascend has just become the first dApp to launch on Midnight mainnet 🚀 Our Orderbook Spot DEX is LIVE! Contract Link: explorer.1am.xyz/contract/02… The era of private DeFi begins 😎

A lot has shipped at VESPR in the last 6 weeks. Here’s a short recap, and a look at what’s next:

MAINNET UPDATE: we've submitted two new contracts for deployment on @MidnightNtwrk mainnet → non-custodial perps liquidity bridge → perpetuals trading settlements Midnight DeFi is coming 🚀