en
Back to the list

Cardano’s Midnight Begins NIGHT Airdrop Across Eight Chains in Privacy-Powered Rollout

source-logo  coindesk.com 06 August 2025 12:52, UTC
image

Midnight Network, a privacy-focused sidechain in the Cardano ecosystem, has initiated its first token distribution phase for $NIGHT, targeting users across eight major blockchains to reframe cross-chain value allocation.

Dubbed the “Glacier Drop,” the airdrop is live as of Wednesday and available to wallets that held at least $100 in native tokens on Bitcoin, Ethereum, Solana, $BNB Chain, Cardano, Avalanche, $XRP Ledger, or Brave as of a June 11 snapshot.

Cardano holders are receiving the bulk of the $NIGHT airdrop, with 50% of total supply allocated to ADA wallets. Bitcoin

BTC$114,067.62
holders follow with 20%, while the remaining 30% is distributed proportionally among ether (ETH), $XRP
$XRP$2.9473
, Solana's $SOL ($SOL), $BNB ($BNB), $AVAX ($AVAX), and $BAT ($BAT) holders based on USD value at the snapshot.

Unlike typical airdrops, $NIGHT tokens won’t be tradable immediately. Instead, after Midnight mainnet goes live, tokens will unlock over four randomized events within a 360-day window, aiming to prevent speculative dumping and enforce staggered engagement.

The drop is structured in three phases:

  1. Claim Phase – current 60-day window
  2. Scavenger Mine – a 30-day post-claim period rewarding on-chain engagement for unclaimed $NIGHT
  3. Lost-and-Found – a four-year window for late claims after launch

Midnight positions itself as a zero-knowledge smart contract network with selective disclosure, blending privacy and transparency in regulated use cases.

The $NIGHT rollout marks a rare coordinated, non-EVM-native airdrop targeting multiple Layer 1 ecosystems, and could shape future distribution mechanics for privacy-focused chains.

coindesk.com