Midnight Network, a privacy-focused sidechain in the Cardano ecosystem, has begun its first token distribution phase for Night, targeting users across eight large blockchains to refresh the award of cross-cutting chain value.
Baptized “Glacier Drop”, AirDrop is live from Wednesday and available to wallets that had at least $ 100 in native tokens on Bitcoin, Ethereum, Solana, BNB chain, Cardano, Avalanche, XRP Ledger or Brave as an 11 June -Snapshot.
Cardano holders receive the majority of Night AirDrop, with 50% of the total supply assigned to ADA drawing books. Holders of Bitcoin (BTC) follow 20%, while the remaining 30% are proportionally distributed between Ether (ETH), XRP (XRP), Solana’s Sun (Sol), BNB (BNB), Avax (AVAX) and BAT (BAT) Holders based on USD value at Snapshot.
Unlike typical AirDrops, the Night -Tokens may not be about immediately. Instead, after Midnight Mainnet goes live, tokens locks up over four randomized events within a 360-day window aimed at preventing speculative dumping and enforcing staggered commitment.
The drip is structured in three stages:
- Requirement phase-present 60-day window
- Scavenger Mine-a 30-Day Post-Claim period that rewards commitment on the chain for unclaimed night
- Lost-and-found-a four-year window to late claims after launch
Midnight positions itself as a zero-knowledge smart contract network with selective disclosure, mixing privacy and transparency in regulated use cases.
Night’s roll-out marks a rare coordinated, non-evil-native air drop that is targeted at several layers of 1-ecosystems, and can shape future distribution mechanics into privacy-focused chains.
