Midnight Network, a privacy-focused Cardano sidechain, launches a record-breaking airdrop, Cardano Miidnight Airdrop or Glacier Drop, distributing 24 billion NIGHT tokens across eight major blockchains. Discover how it works and why it matters.<\/p>\n
In an unprecedented move poised to reshape the way blockchain projects distribute tokens, Midnight Network<\/a>, a privacy-first sidechain built on the Cardano <\/a>ecosystem, has announced its massive “Glacier Drop<\/a>“, an airdrop of 24 billion NIGHT tokens.<\/p>\n Unlike typical airdrops limited to a single blockchain community, Midnight’s initiative spans eight major networks, marking a significant shift toward inclusive, multi-chain user engagement.<\/p>\n The Glacier Drop is Midnight Network\u2019s inaugural airdrop event, distributing NIGHT, the governance token of its ecosystem, to over 37 million users.<\/p>\n Eligibility was determined by a snapshot taken on June 11, 2025, and applies to holders of at least $100 worth of tokens on the following chains:<\/p>\n 1. Cardano (ADA)<\/a><\/p>\n 2. Bitcoin (BTC)<\/a><\/p>\n 3. Ethereum (ETH)<\/a><\/p>\n 4. Ripple (XRP)<\/a><\/p>\n 5. Solana (SOL)<\/a><\/p>\n 6. BNB Chain (BNB)<\/a><\/p>\n 7. Avalanche (AVAX)<\/a><\/p>\n 8. Basic Attention Token (BAT)<\/a><\/p>\n The 24 billion NIGHT tokens will be distributed as follows:<\/p>\n 1. 50% (12 billion) to Cardano (ADA) holders<\/p>\n 2. 20% (4.8 billion) to Bitcoin (BTC) holders<\/p>\n 3. 30% (7.2 billion) shared among ETH, XRP, SOL, BNB, AVAX, and BAT holders<\/p>\n Eligible users will not receive their tokens all at once. Instead, the distribution follows a vesting model:<\/p>\n 1. 25% unlock every 90 days<\/p>\n 2. Full unlock completed in 360 days<\/p>\n Tokens will initially be locked in smart contracts on the Cardano network, and users must claim them within a 60-day window (July\u2013August 2025).<\/p>\n Unclaimed tokens will be redirected to the Scavenger Mine, where they can be earned through computational mining. A Lost-and-Found phase will follow for those who missed the initial claim period.<\/p>\n First revealed in 2023 and developed by Input Output (IO), the team behind Cardano, Midnight Network is designed to support confidential smart contracts using Zero-Knowledge Proofs (ZKPs).<\/p>\n Unlike traditional privacy coins such as Monero or Zcash, Midnight allows selective disclosure, giving users control over what data is shared and with whom.<\/p>\n Key use cases include:<\/p>\n 1. Privacy-preserving DeFi<\/p>\n 2. Confidential medical and identity data storage<\/p>\n 3. Secure enterprise-grade blockchain interactions<\/p>\n Midnight aims to bridge the gap between privacy and compliance, enabling real-world use without compromising on data protection.<\/p>\n Midnight\u2019s ecosystem will run on a two-token system:<\/p>\n 1. NIGHT: Used for governance and staking<\/p>\n 2. DUST: A utility token used for private transactions and executing smart contracts<\/p>\n Unlike most blockchain projects that reserve large token shares for VCs and insiders, Midnight is entirely user-focused. 100% of NIGHT tokens in the initial phase are designated for the community.<\/p>\n One of the most innovative features of Midnight is its upcoming DeFi bridge to the XRP Ledger<\/a>. This bridge allows XRP holders to engage in staking, lending, and liquidity provision, without transferring tokens off-chain.<\/p>\nWhat Is the Glacier Drop?<\/h2>\n
NIGHT Token Allocation Breakdown<\/h2>\n
Vesting Schedule & Redemption<\/h2>\n
What Is the Midnight Network?<\/h2>\n
NIGHT and DUST: The Dual Token Model<\/h2>\n
Bridging to XRP: DeFi Without Moving Coins<\/h2>\n