Midnight Network Smashes Records: 1 Billion $NIGHT Claims in Historic Glacier Drop

Midnight Network just pulled off the crypto equivalent of printing money—while everyone else was sleeping.

The decentralized dark horse has now logged over 1 billion $NIGHT token claims, marking the single largest 'Glacier Drop' in blockchain history. No VC handouts, no pre-mine nonsense—just a tidal wave of grassroots adoption.

For context? That’s enough claims to buy a small country… or at least a Manhattan penthouse before the next market correction wipes out paper gains.

While TradFi banks still argue about CBDCs, Midnight’s community-owned network is quietly eating their lunch—one frozen token drop at a time.

Claim Phase: A Record-Breaking Start

The Claim Phase, which began on August 5, 2025, is open for 60 days and allows any wallet from the snapshot taken on June 11, 2025—holding at least $100 USD worth of native tokens on Bitcoin, Ethereum, Cardano, Solana, Binance Chain, Brave, Ripple, or Avalanche—to claim its allocation via the official Glacier Drop portal.

The record pace of participation reinforces Midnight’s commitment to rational privacy—empowering users to selectively share information while meeting standards for compliance, transparency, and decentralisation.

Following the Claim Phase, the Glacier Drop will continue with:

• Scavenger Mine (30 days) — Opens to those not eligible in the Claim Phase, allowing participants to earn unclaimed $NIGHT through on-chain computational work.
  
• Lost-and-Found (4 years) — Enables late claims from original eligible wallets after mainnet launch.
  

Once mainnet goes live, all claimed tokens will enter the Redemption Period — unlocking in four random “thaw” events over 360 days to mitigate supply shocks and encourage sustained participation.

“The Glacier Drop is to airdrops what Midnight is to privacy: a principled evolution,” added Syed. “Reaching this scale so quickly proves that fairness and inclusion resonate with the blockchain community.”

About Midnight TGE

Midnight TGE is the token-generating entity responsible for the initial distribution of $NIGHT to network participants. Established to support the launch and decentralisation of the Midnight ecosystem, the entity ensures tokens are allocated in accordance with the project’s tokenomics and distribution schedule.

More info: https://midnightTGE

About Midnight Foundation

The Midnight Foundation is an organisation dedicated to advancing the development, adoption, and real-world impact of the Midnight network, a privacy-enhancing blockchain developed with Shielded Technologies. Designed for privacy-enabling smart contracts, Midnight leverages zero-knowledge proofs and a cooperative tokenomics architecture — with $NIGHT as the governance token and DUST as the utility resource — to deliver rational privacy, security, and decentralization. More info: https://midnight.foundation