Midnight Network, a confidentiality failure in the Cardano ecosystem, launched its first phase of distribution of tokens for the night, targeting users on eight major blockchains to reframe the cross value allowance.
Nicknamed the “Got of glacier”, the Airdrop is live Wednesday and available for wallets that contained at least $ 100 in native tokens on Bitcoin, Ethereum, Solana, Bnb Chain, Cardano, Avalanche, XRP Ledger or Courageous from an instant of June 11.
Cardano holders receive most of the night card, with 50% of the total offer allocated to ADA portfolios. Bitcoin holders (BTC) follow with 20%, while the remaining 30% is distributed proportionally between ether (ETH), XRP (XRP), Sol (Sol), BNB (BNB), Avx (Avx) and Bat (BAT) based on the USD value at the SNAPH.
Unlike typical air parachts, night tokens will not be exchanged immediately. Instead, after Midnight Mainnet is put online, the tokens will unlock on four randomized events in a 360 -day window, aimed at preventing speculative spill and applying an offbeat commitment.
The drop is structured in three phases:
- Complaint phase – current 60 -day window
- Treasury mine – A 30 -day post -lamation period rewarding chain engagement for a non -claimed night
- Lost-And-Fonde-A four-year window for late complaints after the launch
Midnight is positioned as an intelligent network of zero knowledge with selective disclosure, a mixture of confidentiality and transparency in regulated cases of use.
The nocturnal deployment marks a rare native air hook coordinated targeting several ecosystems in layer 1, and could shape the future distribution mechanics for confidentiality -oriented chains.
