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The Midnight airdrop is currently live and is being hailed as the largest airdrop in the cryptocurrency space. This initiative is expected to impact 33 million wallets across eight different blockchain networks. If you hold certain cryptocurrencies, you may qualify for this significant airdrop, which is entirely focused on privacy and has no pre-sold tokens.
To be eligible for the Midnight airdrop, you must self-custody your assets, meaning they should not be held on an exchange. The qualifying cryptocurrencies include Cardano, Bitcoin, Ethereum, Solana, XRP, BNB, Avalanche, and the Basic Attention Token (BAT). If you possess any of these tokens in a self-custody wallet, you might be eligible for the airdrop without even realizing it.
The snapshot for the airdrop has already been taken, so it's essential to ensure that your assets are in a self-custody wallet with a minimum value of $100 in the respective token. The distribution of the airdrop is as follows: 50% will go to Cardano holders, 20% to Bitcoin holders, and the remaining 30% will be divided among the other six blockchains. If you meet the criteria, you can claim your Night tokens through a straightforward process.
To claim your Night tokens, visit the official Midnight website and navigate to the claim section. You will need to select your blockchain network, such as Cardano or Solana, and connect your wallet. The Lace wallet, developed by Input Output Global, is recommended for its compatibility with all Night features. After confirming your network and agreeing to the terms, you can complete your claim and receive your tokens.
A significant development for Cardano and other proof-of-stake chains is the recent statement from the SEC regarding liquid staking activities. The SEC has clarified that staking rewards from protocol staking do not constitute the offer and sale of securities. This ruling is expected to create new opportunities for Cardano and similar blockchain networks, enhancing their legitimacy and potential for growth.
For those holding Cardano or other tokens on Ledger wallets, it's important to note that an update is required for their software. Charles Hoskinson has indicated that Ledger is working on resolving a messaging error that affects blockchain transactions. While a specific timeline has not been provided, it is anticipated that Ledger will address this issue promptly.
The Midnight airdrop presents a unique opportunity for cryptocurrency holders, particularly those invested in Cardano and other qualifying tokens. With the SEC's supportive stance on staking rewards and the ongoing developments in wallet technology, the future looks promising for participants in this airdrop. Stay informed and ensure you follow the correct procedures to claim your Night tokens.
Q: What is the Midnight Airdrop?
A: The Midnight airdrop is currently live and is being hailed as the largest airdrop in the cryptocurrency space, impacting 33 million wallets across eight different blockchain networks.
Q: How can I qualify for the Midnight Airdrop?
A: To qualify for the Midnight airdrop, you must self-custody your assets, meaning they should not be held on an exchange. Eligible cryptocurrencies include Cardano, Bitcoin, Ethereum, Solana, XRP, BNB, Avalanche, and the Basic Attention Token (BAT).
Q: What is the minimum value required to be eligible for the airdrop?
A: You need to have a minimum value of $100 in the respective token held in a self-custody wallet to be eligible for the airdrop.
Q: How do I claim my Night tokens?
A: To claim your Night tokens, visit the official Midnight website, select your blockchain network, connect your wallet, and follow the instructions to complete your claim.
Q: What recent changes has the SEC made regarding staking?
A: The SEC has clarified that staking rewards from protocol staking do not constitute the offer and sale of securities, which is expected to create new opportunities for Cardano and similar blockchain networks.
Q: Is there an update required for Ledger wallets?
A: Yes, an update is required for Ledger wallet software to resolve a messaging error affecting blockchain transactions, as indicated by Charles Hoskinson.
Q: What should I do to ensure I can claim my Night tokens?
A: Stay informed about the claiming process, ensure your assets are in a self-custody wallet, and follow the correct procedures outlined on the official Midnight website.