Midnight’s upcoming token launch has entered its final countdown, with the NIGHT token scheduled to go live on December 8. The project’s foundation has outlined how more than 4.5 billion NIGHT, repres...

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<p>Midnight’s upcoming token launch has entered its final countdown, with the NIGHT token scheduled to go live on December 8. The project’s foundation has outlined how more than 4.5 billion NIGHT, representing roughly 19% of the 24 billion total supply, will be redeemed by eligible participants starting December 10.</p>
<adv/><h2>NIGHT Airdrops Set Up 4.5 Billion Token Claims</h2>
<p>The redemption process comes from allocations recorded during the Glacier Drop and Scavenger Mine initiatives. According to the foundation, the Glacier Drop drew participation from more than 170,000 wallets between August 5 and October 20, 2025, leading to claims on 3.5 billion NIGHT.</p>
<adv/><p>The Scavenger Mine, held from October 30 to November 19, brought in approximately eight million unique wallets that claimed an additional one billion NIGHT. Together, the two phases form the basis for the 4.5 billion tokens now scheduled to unlock.</p>
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<p>JUST IN: Midnight $NIGHT token redemption begins December 10th! 🕛<br/><br/>On this date, users will be able to claim their $NIGHT allocation from Glacier Drop &amp; Scavenger Mine.<br/><br/>4.5B tokens will be distributed (~19% of 24B total supply) to 8M+ participants over 360 days. pic.twitter.com/uNBrWuj5RC</p>
— Cardanians (CRDN) (@Cardanians_io) December 4, 2025</blockquote>
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<p><strong><em>Related: </em></strong><em><strong>Cardano’s Midnight Airdrop Is Live: NIGHT Tokens Up for Grabs Across 8 Chains</strong></em></p>
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<h2>Thaw Windows Stagger NIGHT Unlocks Over 360 Days</h2>
<p>Midnight stated that the redemption will occur through timed release windows known as “thaws.” The first window opens at 00:00 UTC on December 10, when users will be able to begin redeeming allocations. Ahead of that date, an official portal will allow participants to preview their claim amounts and view individualized release schedules.</p>
<p>The foundation said tokens will be unlocked in four equal installments over a 360-day period. Each thaw will release 25% of a participant’s claimed NIGHT. To reduce concentrated supply movements, the initial thaw date for each user will be spread across the first 90-day period between December 10, 2025, and early March 2026. Afterwards unlocks are set at 90-day intervals, establishing a uniform schedule that extends through November 29, 2026, which helps smooth the flow of new supply into the market.</p>
<p>Once the final thaw is completed, the foundation expects a 90-day grace window before the redemption portal closes. This additional period is intended to give participants time to finish their claims before the process concludes, reducing the risk that eligible wallets miss their redemption window.</p>
<p><strong><em>Related: </em></strong><em><strong>Cardano Price Prediction: Analysts Track $0.64 Recovery As Midnight Project Fuels Privacy DeFi Buzz</strong></em></p>
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Midnight NIGHT Token ‘Thaws’ Start December 10 As 4.5 Billion Unlocks Kick Off

Midnight 即将推出的代币 NIGHT 已进入最后倒数计时，预计将于 12 月 8 日正式上线。该项目基金会已概述了超过 45 亿枚 NIGHT 代币的发行计划…

<div><div><p>Midnight 即将推出的代币 NIGHT 已进入最后倒计时，该代币计划于 12 月 8 日正式上线。该项目基金会已概述了符合条件的参与者如何从 12 月 10 日起赎回超过 45 亿枚 NIGHT 代币（约占 240 亿枚总供应量的 19%）。</p><adv/><h2>夜间空投活动设立45亿代币领取点</h2><p>赎回流程基于冰川空投和拾荒者矿场活动期间的分配情况。据该基金会称，冰川空投活动在2025年8月5日至10月20日期间吸引了超过17万个钱包参与，共计获得35亿枚NIGHT代币。</p><adv/><p> 10月30日至11月19日举行的“拾荒者矿场”活动吸引了约800万个独立钱包参与，共计领取了10亿枚NIGHT代币。这两个阶段的活动共计为即将解锁的45亿枚代币奠定了基础。</p><div><div><blockquote><p>最新消息：午夜代币兑换将于12月10日开始！🕛<br/><br/>届时，用户可以从冰川坠落和拾荒者矿场领取他们的 $NIGHT 配额。<br/><br/> 45亿枚代币（约占240亿枚总供应量的19%）将在360天内分发给超过800万名参与者。pic.twitter.com/uNBrWuj5RC</p> — Cardanians (CRDN) (@Cardanians_io) 2025年12月4日</blockquote></div></div><p><strong><em>相关新闻：</em></strong> <em><strong>Cardano 午夜空投现已开启：8 条链均可领取 NIGHT 代币</strong></em></p><p><ins/></p><h2>解冻窗口错开夜间解锁，持续360天</h2><p>Midnight公司表示，兑换将通过称为“解冻”的限时窗口进行。首个窗口将于12月10日00:00 UTC开启，届时用户即可开始兑换配额。在此日期之前，官方门户网站将允许参与者预览其申领金额并查看个性化的兑换时间表。</p><p>该基金会表示，代币将在360天内分四期等额解锁。每次解锁将释放参与者所申领NIGHT的25%。为减少供应集中波动，每位用户的首次解锁日期将分散在2025年12月10日至2026年3月初的90天内。之后，解锁将以90天为间隔，形成一个统一的时间表，一直持续到2026年11月29日，这有助于平稳地将新供应注入市场。</p><p>最终解冻完成后，基金会预计在兑换门户关闭前会留出90天的宽限期。这段额外时间旨在让参与者有时间在流程结束前完成申领，从而降低符合条件的钱包错过兑换窗口的风险。</p><p><strong><em>相关报道：</em></strong> <em><strong>Cardano价格预测：分析师追踪0.64美元的反弹行情，午夜项目推动隐私DeFi热潮</strong></em></p><div><div/></div><div><p><strong><em>免责声明：</em></strong><em>本文所提供的信息仅供参考和教育之用。本文不构成任何形式的财务建议或其他建议。Coin Edition不对因使用文中提及的内容、产品或服务而造成的任何损失承担责任。建议读者在采取任何与该公司相关的行动前谨慎行事。</em></p></div></div></div>

午夜NIGHT代币「解冻」将于12月10日开始，届时将解锁45亿枚代币。

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