TRANSPARENCY

Nothing hidden.
Everything on-chain.

All platform wallets, fee flows, ZK certificates, LP locks, and governance outcomes are publicly verifiable on Cardano. This page is the single source of truth, updated in real time.

0 ZK certificates issued 0 Tier C launches in progress Tier C: coming soon Audit: pre-mainnet
3
Total launches
3 Tier A  ·  0 Tier B  ·  0 Tier C
0
DarkVeil phases completed
91,700 ADA
Total ADA raised (Tier A/B)
Across all Cardano bonding curves, live and graduated
0 NIGHT
Total NIGHT raised (Tier C)
0 Tier C launches, all still in DarkVeil phase
0
Total DarkVeil registrants
0 Tier B + 0 Tier C launches (0 Tier C in DV now)

Generated by zero-knowledge proof and anchored on Cardano L1 at the close of every DarkVeil phase. Issued for both Tier B (Cardano-based) and Tier C (Midnight-native) launches. Tier C certificates are relayed to Cardano L1 for public verification. Individual wallet addresses and buy amounts remain private forever: not even the platform can see them.

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No ZK Fair Launch Certificates have been anchored yet. A certificate appears here automatically the moment any Tier B or Tier C launch's DarkVeil phase closes.

The LP escrow contract has no withdraw() function. LP tokens lock for 365 days from graduation. Migration to a whitelisted DEX is only possible after lock expiry, and underlying ADA and tokens never appear in any wallet during migration.

GRADTST4 $GRADTST4 GRADUATED · LP LOCKED Tier A
Zenith $ZNT GRADUATED · LP LOCKED Tier A · 85,000 ADA raised

Tier C launches run entirely on Midnight Network. The platform funds all user Midnight transaction fees (DUST) from NIGHT holdings held in the ops wallet. DUST is generated at a rate of 5 DUST per NIGHT held (max capacity) and consumed at approximately 0.714 DUST per NIGHT per day at sustained load. Exact per-transaction DUST costs are measured on Midnight preprod before each launch.

DUST generation rate
5 DUST / NIGHT (max capacity)
Sustainable spend rate
0.714 DUST / NIGHT / day
DUST grace period
3 hours
Per-tx cost (v_fee)
Pending preprod measurement
ACTIVE TIER C LAUNCHES
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No Tier C launches yet — Tier C remains build-blocked pending a confirmed Midnight fungible token standard and graduation DEX (see the open issues register). Real launches will appear here once Tier C ships.
PLATFORM PSM STATUS
Bonding Curve PSM (merged contract) PREPROD
DarkVeil registration · NIGHT bonds · Private buying · Price discovery · Fee routing · Graduation · ZK eligibility verification

Compact has no cross-contract call mechanism, so for Tier C, DarkVeil, Bonding Curve, and Eligibility Gate logic all run inside this one deployed contract with a single shared cap ledger, rather than as three independent PSMs.

CTO votes are privately balloted via Midnight over 72 hours, requiring 5% of total token supply to reach quorum. Results and all enforcement actions are anchored on Cardano L1. A passed vote automatically redirects all future creator escrow payments and LP trading fees to the CTO wallet.

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No CTO votes have been held. Vote records will appear here after the first completed ballot.

NIGHT/USD price is the median of the Orcfax on-chain datum and the Minswap TWAP cross-checked value. All DarkVeil registration eligibility checks run against this price at the registration block.

Orcfax LIVE
Primary · NIGHT/USD + ADA/USD
On-chain datums published directly to Cardano L1. Staleness threshold: 10 minutes. If stale, falls back to Minswap TWAP only.
Minswap TWAP LIVE
Secondary · NIGHT/ADA 30-min TWAP
Cross-check against Orcfax. Active only if Minswap pool depth ≥ 5,000 ADA. Maximum allowed divergence from Orcfax: 5%.
Blockfrost LIVE
Chain data · UTxO history, balances, delegation
Used for eligibility checks: wallet age, token balances, stake delegation. Fallback: Blockfrost → Maestro → Koios → self-hosted node.
Orcfax stale (> 10 min) → Use Minswap TWAP only
Minswap pool depth < 5,000 ADA → Use Orcfax only
Feed divergence > 5% → Pause DV registration until feeds reconverge
Both feeds unavailable > 30 min → Extend DV registration window by outage duration
Independent audit required before mainnet deployment

All Noctis smart contracts undergo independent third-party security audit before any mainnet deployment. Priority 1 scope covers the DarkVeil PSM (double-registration, re-entrancy, participation-rate manipulation), LP Escrow (migration atomicity, whitelist bypass, lock expiry manipulation), and cross-contract ZK proof verification.

Formal verification is required for three properties: bonding curve integral correctness, LP migration atomicity, and ZK proof soundness. All audit reports and any unresolved findings will be published here in full.

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No audit reports published yet. Platform is pre-mainnet. Audit will be commissioned and results published here before any live deployment.