Cardano’s Midnight Glacier Airdrop Details Revealed — Are You Eligible?

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coinfomania2025/08/27 14:20

By:coinfomania

What Is the Midnight Glacier Airdrop?

Cardano has unveiled the details of its Midnight Glacier Airdrop, distributing 12 billion NIGHT tokens to eligible holders of ADA and other major cryptocurrencies. This initiative aims to foster privacy and decentralization within the Cardano ecosystem, with the Midnight Network at its heart. The airdrop will play a crucial role in shaping the future of privacy-focused projects on the blockchain.

Eligibility Criteria for the Airdrop

To qualify for the airdrop, users must have held at least $100 worth of ADA in their Cardano wallet at the time of the snapshot taken on June 11, 2025. The snapshot has now been finalized, and eligible users can begin claiming their tokens starting in July 2025. This criterion ensures that a wide range of Cardano holders will be involved in the airdrop, further promoting adoption of the Midnight Network.

Airdrop Phases and Token Distribution

The distribution of the NIGHT tokens will occur in multiple phases:

Claim Phase (60 days): Eligible users can claim their full NIGHT token allocation during this period. Tokens will be locked in a smart contract and will unlock in 25% increments over 360 days.
Scavenger Mine (30 days): Unclaimed tokens will be redistributed to users who contribute computational power to the Midnight Network, utilizing a mechanism resembling proof-of-work mining.
Lost-and-Found Phase (4 years): Users who miss the initial claiming window will have the opportunity to recover a portion of their tokens through self-verification.

How to Claim Your NIGHT Tokens

To claim your NIGHT tokens, simply sign in with your Cardano wallet and provide a valid Cardano address. The process is gas-free and does not require KYC. As long as you held at least $100 worth of ADA during the snapshot, you’re eligible for the airdrop. Make sure to complete the process before the claiming phase ends.

Implications for Cardano’s Ecosystem

The Midnight Glacier Airdrop is a significant step toward achieving greater privacy and decentralization within the Cardano network. By distributing tokens widely, the Midnight Network encourages more users to participate in the ecosystem. It also emphasizes Cardano’s commitment to creating privacy-preserving financial solutions for decentralized applications (dApps).

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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