According to latest reports, Midnight Network, Cardano’s privacy-focused sidechain, has launched the Midnight Glacier Drop, the long-awaited token distribution of its native governance token, NIGHT. Eligible holders across eight blockchains (ADA, BTC, ETH, SOL, BNB, AVAX, XRP, BAT) based on the June 11 snapshot can now claim. This first phase opens a 60-day Claim Phase.
Eligibility Structure is Multi-Chain Fair
The Glacier Drop enters Claim Phase with over 37 million wallets eligible. To qualify, addresses must have held at least $100 worth of one of the supported chain native tokens at 00:00 UTC on June 11, 2025. This is an intentionally low barrier to entry to reduce gatekeeping and encourage broad but genuine participation.
Half of the total 24 billion NIGHT supply is reserved for ADA holders, 20% for BTC wallet holders and 30% distributed across ETH, XRP, SOL, BNB, AVAX and BAT proportional to their snapshot balances.
Claim and Vesting Designed for Long-Term Engagement
Participants can claim your NIGHT tokens by connecting via the official Portal at midnight.gd, proving ownership through signature and directing allocations to a new Cardano wallet.
The Claim Phase is 60 days, then any unclaimed allocations will shift into a 30-day interactive Scavenger Mine where participants can earn leftover tokens. A final Lost-and-Found phase will allow participants to claim missed allocations directly via smart contract interaction over 4 years.
Claimed NIGHT tokens are locked at first. Once mainnet launches, tokens will vest: 25% will unlock randomly between day 1 and day 90, then every 90 days for the next 3 tranches, for a total of 360 days. This vesting is to prevent token dumps and reward long-term engagement.
Mission-Driven Distribution and Privacy-Centric Utility
The Midnight Foundation calls the Glacier Drop a rethinking of value distribution across chains. President Fahmi Syed says it’s about inclusion, fairness and long-term commitment to the network’s growth. The protocol supports rational privacy.
As NIGHT is a governance and staking token, holders generate non-transferable privacy fee tokens called DUST over time. Midnight uses zero-knowledge proofs to enable private smart contracts and selective disclosure.
Ledger Signing Issue Causes Workaround Rollout
A small issue has, however, arisen for some Cardano users with Ledger hardware wallets, which don’t support the 251-byte message payload required by the Midnight claim protocol. Cardano founder Charles Hoskinson confirmed the limitation and said the Foundation will deploy a null transaction workaround by late August.
Users are advised to only use official platforms to avoid scams. Despite the issue, over 120 million NIGHT tokens have been claimed in hours.
Conclusion
Based on the latest research, the Midnight Glacier Drop is a token economics achievement. Its multi-chain, community-first approach and phased rollout builds trust, long-term participation and equity.
For existing crypto holders, now might be the time to engage as claiming NIGHT is easy, secure and may unlock new utility in a privacy-centric ecosystem.
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Summary
The Midnight Glacier Drop is the official launch of NIGHT token distribution to eligible holders across 8 chains. With phased vesting, anti-manipulation features and inclusive eligibility, this is a user-centered, privacy-focused sidechain.
FAQs
What is the Midnight Glacier Drop?
It’s the multi-phase launch distribution of NIGHT tokens to over 37 million eligible wallets across 8 major chains, starting with a 60-day claim window in Phase 1.
Who qualifies for the airdrop?
Any self-custody wallet holding at least $100 worth of ADA, BTC, ETH, SOL, BNB, AVAX, XRP or BAT as of June 11, 2025 snapshot is eligible. Multiple claims possible if holding across chains.
How are tokens allocated and vested?
Of 24 billion NIGHT, 50% goes to ADA holders, 20% to BTC and 30% shared proportionally among the remaining chains. Tokens unlock in four 25% tranches over 360 days after mainnet launch. Unclaimed tokens cascade into Scavenger Mine and Lost-and-Found phases.
How does a participant claim my NIGHT tokens?
Go to the official Midnight portal at midnight.gd, connect the eligible wallet, sign a claim message and supply a clean Cardano receiving address. Claim is free, no KYC or fees.
What if a participant missed the Claim Phase?
Scavenger Mine (30 days) lets anyone earn leftover NIGHT via on-chain tasks. The Lost-and-Found phase allows original snapshot holders to recover allocations via smart contract for up to 4 years.
Glossary
NIGHT – Midnight’s governance and staking token that also generates DUST for transaction fees.
DUST – Non-transferable, shielded utility token for private transactions in Midnight, generated by holding NIGHT.
Scavenger Mine – Phase 2 interactive mining for unclaimed NIGHT tokens via on-chain tasks.
Lost-and-Found – 4-year window for late claims by original eligible addresses via smart contract.
Sources
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