Shownotes Transcript
The Midnight GlacierDrop is finally here, and in this episode, I break down everything you need to know about claiming your NIGHT tokens.Midnight is a new privacy-focused blockchain built by IOG, featuring two key tokens: NIGHT (a utility and governance token) and DUST (a non-transferable shielded resource for private transactions).This episode walks through the entire claim and redemption process, eligibility requirements, and why the staggered release of NIGHT is designed to prevent token dumping. The GlacierDrop claim is open to holders of ADA, BTC, ETH, XRP, BNB, SOL, AVAX, and BAT based on a snapshot taken on June 11, 2025. ADA holders receive the largest allocation—50% of the eligible airdrop supply. You’ll need to connect your wallet to the official GlacierDrop portal when it launches and claim within a 60-day window.After that, unclaimed tokens move to the Scavenger Mine phase, followed by a long-term Lost & Found period that spans four years. Redemption of NIGHT tokens follows a 360-day vesting schedule with unlocks every 90 days, starting randomly within the first 90 days post-claim.Each redemption requires a transaction on Cardano, so be ready to cover network fees.Also, Cardano SPOs can earn NIGHT by participating in Midnight’s block production. Delegators to those pools will benefit too—so be sure to speak with your SPO. 📌 Claim Site: [to be announced]📚 Tokenomics: https://midnight.gd)🛠 GitHub: Midnight node Docker container availablehttps://github.com/midnightntwrk/midnight-node-dockerStay tuned and subscribe so you don’t miss your claim window.00:00 Midnight GlacierDrop Tokenomics Revealed 00:29 What is Midnight and its Cardano link 00:54 NIGHT and DUST tokens explained 01:49 NIGHT’s multi-chain role and governance 02:19 GlacierDrop, Scavenger Mine, Lost & Found phases 02:45 Snapshot date and eligible assets 03:15 Claim website and redemption overview 03:45 Token allocation breakdown 04:15 Scavenger Mine reallocation 04:44 Lost & Found second chance 05:12 60-day claim window explained 05:41 Vesting and thawing period 06:09 Full claim schedule timeline 06:37 Randomised thaw unlock 07:32 Avoiding token dumps 07:57 Redeeming in instalments 08:27 Cardano fees and grace period 08:53 Lost & Found smart contract claims 09:20 If the portal goes offline 09:44 Manual claim opportunities 10:13 NIGHT and DUST token recap 11:05 SPO and delegator token rewards 11:34 Final tokenomics notes 12:02 Outro and claim reminder