The Sidlenight network focused on the confidentiality of Cardano opened the complaint phase of its night tokens.
Nicknamed “Drop glacier”, this phase will distribute nocturnal tokens with eligible wallets in eight blockchain ecosystems, according to an announcement of August 5. The launch follows the publication of Midnight tokenomics document Earlier this summer, which presented the network distribution model and the role of the night.
Midnight said that Glacier Drop will be a distribution in several phases and focused on the community intended to widen access while resisting manipulation.
After the current complaint phase, a 30 -day “treasure mine” will allow newcomers to carry out work on the chain for non -claimed tokens, and a four -year “lost and background” will allow late complaints from original eligible portfolios after the launch of the Mainnet.
The eligibility was determined by an instantaneous June 11. Wallets holding at least $ 100 in native tokens on Bitcoin, Ethereum, Cardano, Solana, BNB Chain, Brave, Ripple (XRP Ledger) or Avalanche can connect to the official complaint portal and exchange an allowance.
The window to claim remains open for 60 days, according to the announcement of the project and the portal directives.
The president of the Midnight Foundation, Fahmi Syed, said:
“This aerial card is a redesigned of how value and access can be distributed between channels, communities and use cases and is designed to withstand manipulation and encourage long -term commitment.”
Participants can access the complaint process via the official Midnight official glacier portal by connecting a qualification portfolio and following the non -guardian flow.
The tokens remain locked
The claimed night does not unlock immediately. Once the Mainnet is live, the tokens will enter a period of buyout which releases the assets in four events of random “thaw” over 360 days, a structure designed to smooth food and reward participation in the longer term.
Midnight Tge, the entity responsible for the initial night distribution in accordance with the network decentralization plan, will administer the deployment. The team has reiterated that users should check that they use the official URL before connecting a wallet.
Midnight is positioned as a first confidentiality network which uses evidence of knowledge and selective disclosure to allow users to share data when necessary while keeping sensitive information.
The project is under development in the form of a steel chain within the Cardano ecosystem, offering interoperability while targeting data protection use cases.
