The Midnight Tokenomics Paper, released earlier this summer, lays out the economic framework and vision for Midnight, a fourth-generation blockchain that redefines on-chain privacy. It introduced $NIGHT, the network’s governance and ownership token, and Glacial Drop, a fundamentally fair, multi-tier token distribution model designed to foster inclusive access.
That vision takes its next step today with the launch of the second phase of NIGHT token distribution, Scavenger Mine. This phase is open to anyone and requires only a web browser on a desktop or laptop computer and an internet connection. No prior technical experience or ecosystem membership is required.
How to participate
You don’t need any special software to participate, as everything happens within a browser window on your desktop or laptop computer. It is not compatible with smartphones. Here’s how to get started:
Registration: You can now access the portal and register through sm.midnight.gd. Read and accept the Token End User Agreement by connecting to a verified Cardano wallet or entering the destination address manually. Sign: Next, sign your unique request message. This message includes the destination address, a hash of terms, and an acceptance statement that binds the address to the current browser. Start: Click (Start) to begin processing the solution. Your app will run as long as your device and browser are active. You can run your instances 24 hours a day, every day to maximize your potential allocation.
How to allocate tokens
During a Scavenger Mine, all unclaimed tokens from the first phase are processed and distributed between participants, core network components, and the third claim phase (Lost and Found).
Approximately 626 million NIGHT tokens are available to Scavenger Mine participants. This total will be divided evenly over the 21 days of the event. This means approximately 30 million NIGHT tokens will be available in each 24-hour billing cycle starting at 00:00 UTC every day. The Scavenger Mine phase ends on November 20th at 00:00 UTC.
At the end of each cycle, a snapshot is created. Participants receive a quota proportional to the number of solutions to the cryptographic challenges they submit, relative to the total number of solutions submitted by all participants during that cycle.
Notes on official channels
Please note that official news and information related to Scavenger Mines will be posted at midnight.gd/news. Be sure to double-check the URL before connecting your wallet.
For all support questions, please see our FAQ.
Follow Midnight Network on X for all the latest updates.
Also, remember that the only official Midnight social accounts on X are @MidnightNtwrk and @midnightfdn, and the only technology partner account is @shieldedtech.
Do not interact with fake Midnight accounts. Also, please do the following:
Always double-check your handles Don’t click on suspicious links Report and block impersonators
If you’re not sure if something is real, check out midnight.network or Midnight.gd.
About Midnight TGE
Midnight TGE is the token generating entity responsible for the initial distribution of $NIGHT to network participants. Founded to support the launch and decentralization of the Midnight ecosystem, this organization will ensure that tokens are allocated according to the project’s tokenomics and distribution schedule.
For more information, please visit https://midnightTGE.
About Midnight Foundation
The Midnight Foundation is an organization dedicated to advancing the development, deployment, and real-world impact of the Midnight Network, a privacy-enhancing blockchain project developed in collaboration with Shielded Technologies. Designed for privacy-enabled smart contracts, Midnight encourages developers to consider the ability to use selective disclosure to build compliant applications. It leverages zero-knowledge proofs and a collaborative tokenomics architecture ($NIGHT as the utility token and DUST as the utility resource) to provide a powerful combination of streamlined privacy, security, and decentralization. For more information, please visit https://midnight.foundation.
