Femifire

In a newly released blog, Midnight revealed how NIGHT tokens will be distributed.

Notably, more than 2.2 million eligible addresses contained a combined 62.85 billion XRP at snapshot time. They will receive NIGHT at a conversion rate of 1 XRP for 0.04173 NIGHT.

By comparison, $ADA addresses have the highest allocation, covering over 1 million eligible wallets. #Bitcoin holders get 696.97 NIGHT per BTC, while #Ethereum addresses see 1 ETH equal to 50.73 NIGHT. Other supported networks include Solana, BNB Chain, Avalanche, and Basic Attention Token.

The Glacier Drop’s full distribution reflects Midnight’s cross-chain ambition. Out of the total supply:

$XRP addresses collectively receive around 2.62 billion NIGHT (10.93%).

Ethereum wallets share roughly 2.3 billion NIGHT (9.61%).

#Solana holders receive about 1.42 billion NIGHT (5.95%).

BNB Chain gets just under 800 million NIGHT (3.32%).

The rest is then shared between Avalanche (0.18%) and BAT (0.013%) holders.

Midnight further explained that participants can estimate their NIGHT allocation by checking their balance at the snapshot date and applying these rates. A dedicated eligibility checker will launch on the official Midnight Claim Portal when claiming opens.