FAQs
What is the Midnight NIGHT token distribution?
The Midnight NIGHT Token Distribution is a multi-phase process that aims to disseminate the NIGHT token...
What is the Midnight Glacier Drop?
The Midnight Glacier Drop is the namesake and first phase of the Midnight NIGHT token distribution. An evolution of the traditional airdrop formula...
What is the Scavenger Mine claim phase?
What is the Scavenger Mine claim phase?The Scavenger Mine is the second phase of the Midnight token distribution, designed to be fair and...
What is the Lost-and-Found claim phase?
The Lost-and-Found phase is the third and final phase of the Midnight token distribution. It gives eligible participants from the Glacier Drop...
What is the NIGHT token?
NIGHT is Midnight’s native token. Its main function is to generate DUST, the resource used to execute transactions on the Midnight network...
What is a STAR?
A STAR is the smallest subunit of NIGHT (the atomic unit). There are 1 million STARs to one NIGHT.
Why should I participate in Midnight's token distribution?
Taking part in the NIGHT Token Distribution offers an opportunity for eligible participants to claim and redeem NIGHT tokens. NIGHT generates...
How long will I have to claim NIGHT tokens?
The first phase of the token distrubtion, the Glacier Drop, will run for 60 days. It will be followed by the second phase, Scavenger Mine, which will run...
Will the snapshot be announced?
No. To keep the token distribution fair for eligible participants, a random, historical snapshot has been taken before the publication of the whitepaper and all other official token distribution materials. The date and time of the snapshot were not announced in advance.
Where can I find official information about the Airdrop?
All information regarding the distribution can be found on https://midnight.gd/. Please always check the URL to make sure you're on the correct website.
Why is NIGHT being distributed as a Cardano Native Asset (CNA) instead of on the Midnight Network?
Launching as a Cardano Native Asset provides immediate access to wallets, network bridges, and exchanges, creating mutual benefits for both ecosystems.
Will NIGHT exist on the Midnight network as a native asset?
Yes. The supply of 24 billion NIGHT tokens will first be minted on the Cardano network as Cardano Native Asset (CNA). When the Midnight mainnet's genesis block is created, the supply will be mirrored on the Midnight network.
What share of the supply of NIGHT tokens is being distributed?
The supply of 24 billion tokens is being distributed.
For the duration of the first claim phase...
What happens to unclaimed NIGHT tokens?
What happens to unclaimed NIGHT tokens?
What are the costs of claiming and redeeming NIGHT tokens?
NIGHT tokens are not for sale and will be offered for free. There are no fees to place a claim. However, redeeming a Glacier Drop or Scavenger Mine claim...
What are risks associated with claiming NIGHT tokens?
Participants should be aware that interacting with Web3 technologies carries inherent risks, including phishing, impersonation scams, and malicious...
What personal information, if any, do I need to provide to participate?
No personally identifying information is required to participate in the NIGHT token distribution. The only information required to participate is one or more...
I live in ________ what are my tax and regulatory obligations?
Participants are solely responsible for assessing their own legal and tax situation before claiming.
Who oversees the distribution of the NIGHT tokens?
The token distrubtion is operated by the Midnight TGE.
Where can I go to follow or discuss the Midnight token distribution?
All information pertaining to the Midnight token distribution can be found on midnight.gd. Please be careful when using unofficial resources...
How do I know the distribution of NIGHT tokens is fair?
The fairness of the Midnight token distribution is supported by broad eligibility, transparent allocation methods based on verifiable on-chain data...
How do I participate in the Midnight Glacier Drop?
See "How can I participate in the NIGHT token distribution?" for information on eligibility.
When will I be able to claim NIGHT tokens?
The start date of the first claim phase, Glacier Drop, hasn't been announced yet.
What is the difference between claiming and redeeming NIGHT tokens?
A claim is a voluntary act of securing a token allocation based on the criteria set for each of the claim phases. A redemption is the act of transferring thawed (unlocked) NIGHT tokens into a redeemer's Destination Address.
Do I have to pay any transaction fees to redeem my NIGHT? How much do they cost?
NIGHT tokens are distributed for free. However, the redemption of Glacier Drop and Scavenger Mine claims requires that claimants execute on-chain...
Where will redeemed NIGHT tokens be sent?
Redeemed NIGHT tokens are transferred exclusively to the Destination Address specified in the associated claim(s). Once set during a claim...
How are token allocations determined?
For Glacier Drop, your allocation will be based on the size of your holdings of eligible tokens during the historical snapshot....
How can I maximize my allocation in the Midnight Glacier Drop?
To eliminate the possibility of gaming the Glacier Drop, a snapshot has been taken of token balances across eligible networks using a random...
Why do I need a Cardano address to claim NIGHT tokens?
NIGHT will initially be minted as a Cardano Native Asset (CNA) on the Cardano blockchain prior to the launch of the Midnight mainnet...
How will I be able to receive DUST generated by my NIGHT tokens?
More information pertaining to DUST will become available closer to the launch of the Midnight mainnet.
Can I transfer my DUST to someone else?
No. Once generated into a DUST address, DUST cannot be transferred to another address. However, if you hold NIGHT, you can designate any DUST...
When will my NIGHT tokens begin generating DUST?
DUST generation will begin once the Midnight mainnet is launched. More information about DUST will be available in a future whitepaper.
Can I designate someone else's wallet as the recipient of my NIGHT holdings' DUST generation?
Yes. You can designate any DUST wallet as the recipient of your generation, whether it is controlled by you or by someone else. You can also...
Is DUST generated by NIGHT on Cardano a Cardano Native Asset as well?
No. DUST is only generated -- and can only exist -- on the Midnight network. In order to generate DUST, an address on Midnight must be designated.
What is the total supply of DUST?
DUST is akin to a renewable resource; it doesn't have a fixed supply. Instead, at any point in time, the maximum DUST across the network is...
How are NIGHT block production rewards calculated?
Midnight block rewards taper down over time following a descending curve. Rewards are calculated at each block as a percentage of the...
What happens if I run out of DUST?
Without DUST, you cannot execute transactions on Midnight. If you run out of resources, you'll have to wait until enough DUST is generated...
I own eligible tokens for Glacier Drop, but I do not hold them under self-custody (e.g., my tokens are held by a centralized exchange or other custodian). Can I make a NIGHT claim?
If you do not have access to the private keys controlling your tokens, you will not be able to sign the message demonstrating ownership, and therefore...
The custodian holding my tokens is participating in the Glacier Drop. Do I need to use the NIGHT Claim Portal?
No. As the controller of private keys, it's the custodian's responsibility to make claims and redeem allocations. Similarly, how they choose to...
Which networks and tokens qualify for the Midnight Glacier Drop?
Avalanche (AVAX), Basic Attention Token (BAT on Ethereum), Binance Smart Chain (BNB), Bitcoin (BTC), Cardano (ADA), Ethereum (ETH)...
Will more networks be added to the Midnight Glacier Drop over time?
No. However, if you're not eligible for the initial distribution via the Glacier Drop, you'll have an opportunity to participate during the second...
What are the eligibility criteria for the Glacier Drop phase?
For the first claim phase, Glacier Drop, claimants who have control over the private keys of unsanctioned blockchain addresses, holding a...
What are the eligibility criteria for the Scavenger Mine phase?
The Scavenger Mine phase is open to anyone who can complete designated computational tasks or puzzles and provide cryptographic...
What are the eligibility criteria for the Lost-and-Found phase?
The Lost-and-Found phase is limited to participants who were originally eligible for the Glacier Drop but did not claim their NIGHT tokens during the...
Why isn't [X] blockchain included in Glacier Drop?
Eligible ecosystems were selected for their contributions to the evolution of blockchain technology, decentralized applications, and to help...
Why doesn't the Glacier Drop support Polkadot?
Polkadot’s new signing algorithm, sr25519 (Schnorrkel/Ristretto x25519), is not supported for the Glacier Drop claim phase. However...
What is an Origin address?
An Origin address is an unsanctioned blockchain address from a Glacier Drop-participating network that, at the time of the snapshot...
What happens if I find out my blockchain address is not eligible for the Glacier Drop phase?
There are no consequences if an address is determined ineligible beyond being unable to claim NIGHT tokens. You can still try...
What is a Destination Address?
A Destination Address is the registered location for the redemption of your claimed NIGHT allocations -- that is, for receiving...
How do I know if a Cardano Destination Address is "unused"?
For the purposes of qualifying as a Destination Address, an unused Cardano address is a Cardano blockchain address that, at the moment...
When can I redeem my claimed NIGHT token allocation?
For claims placed during the Glacier Drop and Scavenger Mine phases, token allocations begin to thaw (unlock) during the Redemption...
Is DUST a token?
In short, no. DUST is a network resource, meaning it is used to execute transactions and operate in the network. On the surface...
How can I obtain DUST resources?
You can obtain DUST in one of two ways: 1) By holding NIGHT and designating the associated DUST generation to your own...
How can I obtain NIGHT tokens?
You will be able to obtain NIGHT in the following ways: 1) By participating in any of the claim phases during the NIGHT token distribution...
What is the utility of NIGHT?
NIGHT's main utility function is to generate DUST, the resource used to execute transactions (i.e., to pay for transaction "gas" fees)...
How can I use my NIGHT tokens?
At mainnet launch, NIGHT tokens can be used to generate DUST, the resource used to execute transactions on the network. For other...
What is the utility of DUST?
The sole function of the DUST resource is to enable users to execute transactions on Midnight. Transaction fees on Midnight are only payable in DUST.
Why is DUST shielded? What does it mean?
DUST being shielded allows for certain transactions to take place without exposing users’ metadata. The shielding property means that wallet...
How does DUST decay work?
When the association between a DUST address and the NIGHT address that generates it is severed (e.g., if the NIGHT holder either...
Why does DUST decay?
DUST decays to ensure that there is no effective double-spend through the hoarding of resources by alternating generation across...
Can I transfer DUST to someone else?
No. Once generated, DUST cannot be transferred between addresses. However, if you own NIGHT tokens, you can designate any DUST...
Can I move or bridge NIGHT between Cardano and Midnight?
There is a planned protocol-level bridging mechanism to facilitate transfers of NIGHT tokens natively between networks in the...
Can I move or bridge DUST to Cardano or other blockchains?
No, DUST cannot be transferred and can only exist on the Midnight network.
Can I stake my NIGHT tokens?
There is currently no staking mechanism for NIGHT tokens. However, the community may decide to design and implement one in the future.
Can I stake my DUST resources?
DUST is not a token and cannot be staked.
Can I use NIGHT for governance?
Following the launch of the Midnight mainnet, a phased approach is expected to be implemented to progressively decentralize the Midnight...
What is the role of ADA tokens with respect to Midnight?
Midnight intends to leverage the robust security and decentralization of Cardano's consensus mechanism, enabling Cardano SPOs to produce...
Is NIGHT token Inflationary or deflationary?
NIGHT is disinflationary. Since NIGHT has a fixed maximum supply, changes can only happen to the amount of circulating...
Who is eligible to participate in the NIGHT token distribution?
Eligibility for the NIGHT token distribution depends on the claim phase. Claim phase 1 (Glacier Drop): Claimants who have control over the private...
How can I participate in the NIGHT token distribution?
There are three claim phases: Glacier Drop, Scavenger Mine, and Lost-and-Found. Participation involves demonstrating that you fulfill the...
How many tokens will I get?
The amount of tokens you'll be entitled to depends on the fulfillment of the criteria during each claim phase. For Glacier Drop...
What is an allocation?
An allocation is the total amount of NIGHT tokens that a claimant is entitled to based on their demonstrating fulfillment of...
What is thawing?
Thawing is the gradual unlocking of tokens that have been claimed during the first two claim phases, Glacier Drop and Scavenger Mine. Thawing...
What is the Reserve?
The Reserve is a pool of NIGHT tokens held and managed autonomously by the Midnight protocol whose only function is to issue...
What is the on-chain Treasury?
The on-chain Treasury is a pool of NIGHT tokens, stored in the ledger, belonging to the protocol and initially protocol-locked, with a view...
What is the Midnight Foundation?
Midnight Foundation is a foundation whose mission is to promote long-term ecosystem development and stewardship of the Midnight network.
What is the Midnight TGE?
The Midnight TGE is a core network constituent and subsidiary of the Midnight Foundation, whose primary role is to run and...
What is the relationship between NIGHT and DUST?
NIGHT tokens generate DUST, a resource needed for transactions. NIGHT holders designate a DUST address (either their own or someone...
Are designations and DUST addresses publicly visible?
The designation of DUST addresses to NIGHT UTxOs is stored on-chain. However, actual DUST transactions remain private and...
Can a NIGHT holder change their designated DUST address?
Yes. NIGHT holders can re-designate a different DUST address by transferring NIGHT tokens, creating new UTxOs and thus new DUST generation points.
My allocation's first thaw happened, and I now have NIGHT. What can I do with my tokens?
You can designate a DUST address on the Midnight network straight away and start generating DUST. Once you have DUST, you can start transacting on Midnight.
How does the DUST cap work?
DUST accumulates in an address up to a cap, in proportion to its generating NIGHT token balance. Spending DUST temporarily...
How is the Midnight Treasury funded if there are no NIGHT-denominated transaction fees?
The Treasury receives a share of the tokens alotted to core network constituents during the Scavenger Mine phase. After mainnet...
How can I obtain DUST to transact on Midnight if I don't participate in the NIGHT token distribution?
At launch, there is no built-in or officially supported on-chain marketplace where users can obtain DUST without NIGHT. However, NIGHT...
Can I transact for free indefinitely on Midnight if I obtain NIGHT?
Potentially yes. However, there is a capacity restraint depending on the amount of DUST a user can generate based on their...
How is infrastructure sustainability maintained without NIGHT-denominated transaction fees?
Rewards for validators will come from block subsidies provided by the dedicated, protocol-managed Reserve. In the future, this...
How much DUST do I need to execute a transaction on Midnight?
DUST transaction fees are dynamic and adjusted based on network usage trends and current capacity demand at any given...
How can I verify the authenticity of the Midnight token distribution?
Please follow links through official channels of the Midnight network and always double check URLs. Malicious actors may spoof...
Will there be a bridge between Midnight and Cardano?
There will be a means to unlock NIGHT tokens on the Midnight network that are initially distributed on the Cardano network. More information...
Is there a time limit to redeem my tokens?
The NIGHT Claim Portal facilitating redemptions will be live and functional for 450 days from mainnet launch. This includes a 360-day...
I am eligible for the Glacier Drop claim phase. What happens if I miss the first claim phase window?
If you are eligible for Glacier Drop and fail to place a claim during that phase's claim window, you may still be able to get NIGHT...
What happens if I miss the Redemption period window?
If you miss the Redemption period window, you will no longer have access to the NIGHT Claim Portal to assist you with the...
What is the NIGHT Claim Portal?
The NIGHT Claim Portal is the main interface for claimants to interact with the underlying smart contracts and take part in the NIGHT...
What is a unique claim message (Glacier Drop phase)?
For each Origin address, a unique claim message binds together the corresponding allocation size, Destination Address, and a hash of...
What information is publicly visible on the blockchain when using DUST?
When using DUST to transact, neither the DUST address nor the balance of the DUST owner is exposed. However, the following...
What information is publicly visible on the blockchain when interacting with a Midnight DApp?
This will depend on each DApp and its underlying smart contracts. It is possible for a smart contract to reveal any information it has access...