Midnight is a new privacy-focused blockchain, engineered with a novel tokenomic model that uses two core assets: NIGHT and DUST. We’ll break down how these tokens function, how they interact, and how Midnight’s economics incentivize a sustainable, privacy-preserving network. Midnight’s tokenomics are designed for fair access, predictable costs, and robust network security. Let’s explore the properties of NIGHT and DUST, and key aspects of this dual-token system.
Tokenomics & distribution snapshot data
Total Supply: 24 Billion NIGHT
Launch Date: December 2025
Thawing Period: 450 days
Token distribution phase 1: Glacier Drop Claim
The first phase of distribution targeted the broader blockchain ecosystem.
Eligibility: Self-custodying holders of ADA, BTC, ETH, SOL, XRP, BNB, AVAX, and BAT.
Snapshot Date: June 11, 2025.
Participation Window: August 5 - October 20, 2025.
Volume: Over 3.5 Billion NIGHT tokens claimed.
Participation: 170,000+ eligible wallet addresses.
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