Cardano Founder Reveals Details of the "Glacier Drop" Airdrop Plan for Privacy Sidechain Midnight
Cardano founder Charles Hoskinson announced details of the "Glacier Drop" airdrop plan for the privacy sidechain Midnight at the Consensus 2025 conference. The plan will distribute governance tokens NIGHT and privacy tokens DUST to 37 million users across 8 major public chains, explicitly excluding venture capital shares, with all tokens directly aimed at regular users. Hoskinson also proposed a "collaborative economics" model, allowing developers to use native tokens like ETH and SOL to pay for cross-chain application fees, and validators can also collaborate across chains to earn revenue. The Midnight testnet is already live, with the mainnet expected to launch by the end of 2025. This airdrop is seen as a strategic move to alleviate industry fragmentation and address the entry of tech giants.
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