Midnight Network Surpasses 1 Billion $NIGHT Claims Milestone — The Largest Glacier Drop in History

Just one week after launching the Claim Phase of its unprecedented Glacier Drop, the Midnight Network has surpassed a historic milestone: over 1 billion $NIGHT tokens claimed. With 51,266 wallets participating across eight major blockchain ecosystems, 4.21% of the total $NIGHT supply has already been secured by eligible users — marking the largest Glacier Drop in history.

The achievement highlights the appeal of Midnight’s radically fair, multi-phase distribution model, designed to promote inclusive access and reward long-term engagement.

“One billion $NIGHT claimed is the beginning. Midnight was built to solve blockchain’s toughest challenge – combining compliance-ready privacy with open, programmable access,” said Fahmi Syed, President of the Midnight Foundation. “This milestone proves there’s strong demand for technology that can meet real-world needs without sacrificing fairness or decentralization. As we look ahead to the mainnet launch, this achievement strengthens our belief that Midnight can redefine how the industry approaches privacy, distribution and long-term sustainability.” 

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