How AI describes NIGHT

Midnight Network uses zero-knowledge smart contracts to enable programmable privacy, featuring an unshielded native governance token called NIGHT and a shielded, non-transferable resource called DUST that pays for transactions and contract execution. Its dual-token model separates capital (NIGHT) from operational costs (DUST), so holding NIGHT generates renewable DUST that recharges over time, enabling predictable costs and the ability for developers to cover users' fees by delegating DUST to apps. The network supports on-chain governance with planned decentralization, validators on Cardano earning NIGHT rewards, and interoperability via a Midnight-Cardano bridge, while maintaining auditable settlement on the public NIGHT ledger and a compliance-friendly, non-transferable DUST.