MIDNIGHT TOKEN DISTRIBUTION

Glacier Drop claim is now Live

Glacier Drop, the first claim phase of the NIGHT token distribution, is now open to eligible participants. Claim now and secure your place in the future of Midnight.

Learn How to Claim

Multi-phase token distribution

NIGHT token allocations will be granted for free to eligible participants through a multi-phase token distribution. No purchase is involved.

Claims

Live

Glacier Drop

Choose how to claim options

📋 Your total allocation is eligible for NIGHT Distribution
💎 1,817,362 NIGHT

Participants claim their token allocations by demonstrating they meet the eligibility criteria for each phase.

Redemption

Coming Soon

Glacier Drop

Redemption options

💰 Current base: 200,000
🏆 1,000,000 NIGHT

Claimants then redeem their tokens as they thaw (unlock) during the Redemption period, thus transferring their tokens to their Destination Address.

Token allocations

The allocation of the NIGHT token supply will follow the three claim phases below. Community participation levels during each phase will determine allocations towards core network constituents.

Claim phase 1: Glacier Drop

Up to 100% of the total supply claimable by eligible Glacier Drop participants in proportion to tokens held across key networks as per the breakdown below. Unclaimed tokens carry over to the next phase.

34%
Community Airdrop
of the supply allocated to ADA holders
20%
Ecosystem Partners
of the supply allocated to DEV holders
30%
Development Fund
self-staking rewards to ETH, SOL, XRP, BNB, AVAX, and MATIC holders
16%
Treasury Reserve
in proportion to their relative USD value
G

Claim Phases

Claim phase 2: Scavenger Mine

A gamified claiming experience where users complete tasks and challenges to unlock additional token rewards. Participants can earn bonus allocations through various ecosystem activities.

Claim phase 3: Lost-and-Found

Final phase for unclaimed tokens and special allocations. Users who missed earlier phases or have special circumstances can claim remaining tokens through this program.

Glacier Drop news & resources

TGE Update
August 04, 2025

Glacier Drop wallets and address type compatibility

This article sets all Glacier Drop-tested, verified wallets, and known-compatible address types for each participating blockchain.

TGE UPDATE
🔗
⚙️
Midnight TGE
July 28, 2025

Breaking down Glacier Drop ecosystem allocations

Explore the detailed data from the Glacier Drop snapshot, including the NIGHT token distribution, staked token counts, and conversion ratios by chain.

TGE UPDATE
🚀
Midnight TGE
July 25, 2025

Getting ready for Glacier Drop

Get official Glacier Drop snapshot times, block heights, and minimum token balances to check eligibility for NIGHT token claims across all 8 chains.

TGE UPDATE
🌙
Tokenomics
July 22, 2025

Discover the NIGHT token: an overview

Discover Midnight's native utility token and explore its key functionalities, features, and properties.

TOKENOMICS

Dual-component tokenomics

Midnight introduces a composite system where NIGHT, the native token, continually generates DUST, the shielded network resource that powers transactions. This segregation enables metadata protection and promotes sustainable operations.

NIGHT

NIGHT is the utility token and the main component powering the Midnight economic system.

NIGHT utility

  • Generating DUST resources to power transactions
  • Promoting network security as block production rewards
  • Enabling decentralized on-chain governance (expected)
  • Driving ecosystem growth initiatives (expected)
What is the NIGHT token?
▶ Introducing the NIGHT token
Token supply
24 billion NIGHT tokens minted on Cardano, which are mirrored on the Midnight network.
Deflationary
The distribution of the circulating supply via block rewards slows down with each epoch, and no more inflation occurs.
Non-expendable
NIGHT is not expendable to execute transactions nor destroyed/burned during the exercise of its functions.
Multi-chain
In contrast to standard multi-chain deployments, NIGHT is a tokenized representation of an asset existing on another network.
D

DUST

DUST is the shielded and expendable network resource whose single function is to allow users to execute transactions on Midnight.

Shielded
DUST allows for transactions to take place without exposing metadata.
Consumable
DUST is consumed when used - meaning it is destroyed and does not cycle back into circulation.
Decayed
DUST is continually generated by NIGHT balances in perpetuity. It cannot be minted or destroyed.
Decayable
Unused DUST decays over time whether it is unclaimed or sitting inside user data wallet.

Timeline

Glacier Drop
Duration: 60 days

An evolution of the traditional airdrop formula, where tokens are merely dropped into eligible users' wallets, the Glacier Drop includes mechanisms to reward and encourage users to be rewarded for completing the simplest financing beneficiaries of tokens, which include the "including the Glacier Drop".

Claimants holding a minimum balance equivalent to $50 in one or more eligible tokens (ADA, BTC, ETH, SOL, XRP, BNB, AVAX, or MATIC) in their native blockchains - based on a random historical snapshot of each - are eligible to participate. Individual allocations are calculated based on their holdings and on the share of the supply apportioned to each network.

Successful claims are subject to thawing during the Redemption period. Unclaimed tokens carry over to the next phase.

Scavenger Mine
Duration: 90 days

A gamified token distribution with challenges and tasks. Users can earn additional tokens through active participation in ecosystem activities and completing various objectives.

Thawing & Redemption period
Duration: 400 days

Period during which claimed tokens gradually unlock and become available for redemption to users' destination addresses.

Lost-and-Found
Duration: 6 days

Final opportunity for users who missed earlier phases to claim remaining tokens through a special recovery program.

NIGHT Claim Portal sunsetting

The claim portal will be decommissioned and all unclaimed tokens will be permanently locked.