Midnight Network, a side chain centered on privacy in the Cardano ecosystem, has started its first tokens distribution phase for the night, directing users in eight main blockchains to rethink the value allocation of the cross chain.
Nicknamed the “Glacier Drop”, the Airdrop is live until Wednesday and is available for wallets that had at least $ 100 in native tokens in Bitcoin, Ethereum, Solana, BNB Chain, Cardano, Avalanche, XRP Ledger or brave as a snapshot of June 11.
Cardano holders are receiving most of the night airdrop, with 50% of the total supply assigned to ADA wallets. Bitcoin headlines (BTC) continue with 20%, while the remaining 30% is distributed proportionally among Ether (ETH), XRP (XRP), Sun (Sun), BNB (BNB), Avax (AVAX), BAT) based on the USD value in the snapshot.
Unlike typical airdrops, night tokens cannot be negotiated immediately. On the other hand, after midnight, Mainnet is launched, the tokens will unlock more than four random events within a 360 -day window, with the aim of avoiding speculative discharge and enforcing the staggered participation.
The fall is structured in three phases:
- Claim phase: current 60 -day window
- SCAVENGER MINA: A period after the 30 -day gratifying claim in the undertaking commitment chain
- Lost-And-Found: A four-year window for late claims after launch
Midnight is positioned as a network of intelligent zero knowledge contracts with selective dissemination, combining privacy and transparency in regulated use cases.
The night deployment marks a rare coordinated native Airdrop, aimed at multiple layer 1 ecosystems, and could shape the future distribution mechanics for privacy -centered chains.
