Overview
- The Glacier Drop Claim Phase began August 5 with a 60-day window for eligible wallets from eight blockchain ecosystems to redeem $NIGHT tokens.
- Over 11,000 wallets have claimed more than 250 million tokens within hours of launch, signaling robust early participation.
- Cardano users relying on Ledger hardware wallets faced a 31-byte message-signing limit and are using a zero-value metadata transaction workaround until a firmware update arrives.
- Once Midnight’s mainnet goes live, claimed tokens will be released in four randomized thaw events over a 360-day Redemption Period to discourage speculative dumping.
- A 30-day Scavenger Mine phase will let participants earn unclaimed tokens through on-chain work, followed by a four-year Lost-and-Found window for late claimants.