Let’s Talk About DUST and NIGHT

Understanding what it means in Lace.

This article is based on publicly available Midnight documentation and is intended to simplify key concepts for Lace users. Midnight is a blockchain that Lace integrates with.

Most blockchains ask you to choose between privacy and usability. Midnight explores a different approach, and through Lace, you can begin to experience that directly inside the wallet you already use.

Get started in Lace

Midnight is available directly in Lace, making it easy to explore without needing additional tools or separate wallets.

Once connected, everything runs in the background. Lace surfaces DUST clearly as it begins to generate, allowing you to see how it builds over time.

What are NIGHT and DUST

In order to understand Midnight, you need to understand 2 native assets, NIGHT and DUST.

NIGHT is Midnight’s native asset, which you can acquire through official Midnight distribution or supported platforms where it is available. When it is held and made available through Lace, it enables the generation of DUST over time.

DUST is the resource you use to interact with the Midnight network.

A simple way to think about it is this. NIGHT is what you hold, and DUST is what you use to transact.

Within Lace, this becomes something you can see building gradually, rather than something abstract.

Why this is different

On most blockchains, using the network means spending your token, where every interaction reduces what you hold and costs can be unpredictable.

Midnight takes a different approach by separating value from usage.

You hold NIGHT, and over time it generates DUST. DUST is what you use to interact, and when you use it, it replenishes. Your core holdings remain unchanged.

This creates a more predictable and sustainable way to participate.

DUST is not transferable and is not designed for trading. It exists purely to power your activity, and Lace makes that easy to access and understand.

How it works over time

After setup, there is a short period while the network recognises your wallet and begins generating DUST.

From that point, it builds gradually over time, as long as you continue holding NIGHT.

Within Lace, your balance reflects this in real time, making it clear how DUST is generated and how it becomes available to use.

When you use DUST

DUST is used when you interact with Midnight, including when you choose to use privacy preserving functionality.

DUST is continuously generated over time as long as you hold NIGHT, regardless of whether you use it.

If unused, DUST will gradually decay after reaching its generation capacity.

There is nothing to manage, no resets, and no manual steps required. As long as you hold NIGHT, the system continues to work in the background, and Lace keeps the experience simple.

Why this matters

Midnight introduces selective disclosure, allowing you to decide what is shared and what remains private.

DUST is what enables that choice.

Through Lace, this becomes something you can use in practice, within a familiar and intuitive wallet experience.

Start exploring

Open Lace, create your Midnight wallet, and begin exploring.

Take your time, watch how DUST builds, and get familiar with how it works.

This is an early stage environment designed for learning and experimentation.

Privacy, seamlessly integrated.

Purchasing digital assets is risky. You are encouraged to do your own research and to consult professional advice before buying any cryptocurrency.