The highly anticipated Midnight Glacier airdrop is finally underway. Users holding certain cryptocurrencies can now claim free tokens.
Confirmation of Airdrop by Charles Hoskinson
Charles Hoskinson, the founder of Cardano, confirmed the snapshot for airdrop participants in a post on X (formerly Twitter), with over 37 million wallets expected to benefit. 'The snapshot is done,' announced Hoskinson.
Eligibility Criteria for Token Claims
The airdrop is available to users holding at least $100 in tokens to be eligible for the NIGHT and DUST token distribution. Users will be able to make claims starting from July for a period of 60 days, with a four-year window to reclaim their tokens after the claim period ends.
Token Distribution Methods and Currency Stability
To curb sudden token dumps, NIGHT will be distributed in four random drops over the course of a year. This assists in maintaining token stability and allows developers to continue building without the worry of drastic price fluctuations.
The Midnight Glacier airdrop, with its innovative token distribution strategies and opportunities for participants, promises to be a significant event in the cryptocurrency landscape.
