PANews reported on May 15 that according to CoinDesk, Cardano founder Charles Hoskinson announced the 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 of 8 mainstream public chains, explicitly excluding venture capital institutions, and all tokens are directly for ordinary users. Hoskinson also proposed a "collaborative economics" model, allowing developers to use native tokens such as ETH and SOL to pay for cross-chain applications, and validators can also earn income through cross-chain collaboration. The Midnight test network has been launched and the main network is expected to be launched at the end of 2025. This airdrop is seen as a strategic move to ease industry divisions and respond to the entry of technology giants.
Cardano founder reveals details of privacy sidechain Midnight’s “Glacier Drop” airdrop plan
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