Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Cardano Founder Reveals Details of the "Glacier Drop" Airdrop Plan for Privacy Sidechain Midnight

Cardano Founder Reveals Details of the "Glacier Drop" Airdrop Plan for Privacy Sidechain Midnight

金色财经金色财经2025/05/15 01:34
Show original

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.

1
1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

JPMorgan lowers Honeywell Technology target price to $240

JPMorgan has lowered Honeywell Technologies' target price from $255 to $240.

智通财经•2026/10/09 05:21

JPMorgan lowers 3M target price to $185

JPMorgan has lowered the target price for 3M from $205 to $185.

智通财经•2026/10/09 05:16

Jefferies lowers Valero Energy's target price to $394

Jefferies has lowered the price target for Valero Energy (VLO.US) from $401 to $394.

智通财经•2026/10/09 05:10

Sanae Takaichi: Strengthening Japan's global economic competitiveness will ultimately boost confidence in the yen, defending tax cut fiscal policies

(1) Japanese Prime Minister Sanae Takaichi stated that enhancing Japan’s global economic competitiveness will ultimately boost market confidence in the yen. (2) She defended her fiscal policies in response to concerns that the planned tax cuts might weaken support for the yen. (3) During a parliamentary session, she said: "Regarding our proactive and responsible fiscal policy, we believe that enhancing Japan’s global economic competitiveness will ultimately help maintain market confidence in the yen. This means we are taking a consistent policy approach."

智通财经•2026/10/09 05:06
Sanae Takaichi: Strengthening Japan's global economic competitiveness will ultimately boost confidence in the yen, defending tax cut fiscal policies