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Midnight Network, Blockchain focused on privacy using intelligent contracts with zero knowledge, published his Tokenomic paper And he revealed his mechanism of “glacial drop” before the native night token demands from next month.
The project said the glacier decline is a new process that allocates the tokens all night users across eight main ecosystems of blockchain and emerge in three sequential stages. Tokens will be available on Bitcoins, Ethereum, Cardano, Solana, Binance Chain, Brave, Ripple and Avalanche, the company said in a press release on Monday.
First, during the 60 -day period of claim, which starting in July, they can require their complete allocation at least $ 100 in native tokens at the time of the preliminary picture.
This is followed by a 30 -day phase below the gadget at the bottom, which redisters any unsolicited tokens for participants who perform computational tasks using a mechanism of similar evidence of work.
After starting the mains mains at the end of this year, it will allow a four -year -old lost and found phase of the original applicants who missed the initial window to obtain part of their allocation through separate verification.
To avoid shock shocks, the night tokens will unlock in four randomized installments for 360 days. The purpose of this “thawing mechanism” is moisture and promotes long -term connection to the network.
Fahmi Syed, President of Midnight Foundation based in Cayman, who oversees the project, said that the approach reflects the wider vision of the network of “rational privacy”, which gives developers a detailed check over what data is shared on-site.
The eligibility image has already taken place and other information is available at midnight.
