Pete Bui Joins Cardano Prime and Reviews Changes for Wallet Users

In his November 13 Learn Cardano update, Pete Bui announced that he had joined AlphaGrowth to work on Cardano Prime, an initiative focused on increasing liquidity in Cardano’s decentralized finance ecosystem. The episode also covered two changes relevant to wallet users: the planned retirement of two Cardano governance representatives and a new way to open a Midnight testnet account from a supported wallet.

Bui Takes on Communications for Cardano Prime

Bui will create content about Cardano Prime’s work and coordinate with other creators who cover the ecosystem. He invited builders and creators to contact him as the team shares updates on its efforts to attract liquidity to Cardano applications.

In the same update, Bui pointed to Strike Finance as an example of capital entering an existing Cardano protocol. Strike had previously reported that its liquidity vaults held more than $1 million worth of BTC. Bui’s announcement concerned his role with AlphaGrowth. The episode provided no new funding figure or integration timeline for Cardano Prime.

EMURGO and Yoroi Plan to Retire Their DReps on November 30

EMURGO plans to deregister its own delegated representative, or DRep, and Yoroi’s on November 30. The change affects ADA holders who delegated their voting power to either representative. Yoroi users can check their governance delegation in the wallet to see whether they selected one of the two.

Cardano records stake pool delegation and voting delegation separately. Staking rewards continue to accrue when a DRep retires, while withdrawing those rewards requires an active voting delegation. Holders can choose another active representative or select Always Abstain, Cardano’s built-in option for users who prefer to abstain from governance votes. Changing the voting delegation leaves the ADA in the holder’s wallet.

Bui demonstrated a tool he built to help users choose a representative. It asks ten questions and suggests a match based on the answers. In his demonstration, the tool returned a 70% match with Sagan Stake Pool and offered a way to initiate delegation from a connected wallet.

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NightKit Tests Midnight Access From MetaMask and Phantom

NightKit, built by Webisoft for Midnight wallet provider 1AM, gives applications a common interface for connecting users. A compatible Midnight wallet connects directly. With a supported wallet such as MetaMask or Phantom, the user signs a message to open a Midnight account.

According to NightKit’s documentation, the keys for an account opened through another wallet are kept in a vault that runs separately from the application. The vault also displays actions for users to review and approve.

The beta gives developers a way to test the full onboarding flow, from the first wallet connection to approval inside the vault. NightKit currently supports only Midnight test networks running Ledger 9 or later. Its documentation states that the software has yet to undergo an external security audit.