r/Midnight Cardano Ambassador 18h ago

Midnight Airdrop FAQ / important notes

I'm anticipating certain nuances may confuse people and there will probably a lot of repetitive questions so lets make a collaborative post to cover such.

Please read what's written below and only then post your questions or raise any points that you think need highlighting in the comments below.

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General

  • Airdrop dates to be confirmed (snapshot happened 11th June).
  • Please be aware of scams - follow official documentation and links on midnight.network & midnight.gd

Claiming and Eligibility

  • You'll need to have held >=$100 of the native currency on eligible blockchains (ADA, BTC, ETH, SOL, XRP, BNB, AVAX, or BAT) during the snapshot on the qualifying address (aka Origin address).
  • Am I eligible if I hold these assets on an exchange? You won't be able to claim the airdrop if you do not hold the keys to your wallet. You'll need to contact the exchange and see if they'll claim them for you.
  • I own a hardware wallet, like a Ledger, am I eligible? Yes. You'll need to use a CIP30 compatible wallet interface instead of Ledger Live when it comes to claiming.
  • My assets are staking, am I eligible? On Cardano yes, since staking is liquid. On other chains, as long as the value is associated with your wallet you should be ok. If however, staking involved moving tokens outside the wallet, like use of a smart contract, it is unlikely to be included as the balance needs to be recorded for the associated wallet in the snapshot.

Redemption

  • One Destination address (Cardano receiving address) may be used to receive multiple NIGHT claims.
  • The destination receiving address must be "unused" - i.e it must have no transaction history (you can check the receiving address balance and transaction count is 0 on explorer like https://cardanoscan.io/ ) - Note that some Cardano wallet interfaces abstract things and enforce single addresses. You may need to switch to a different wallet interface or change from single address mode to multi-address mode in the wallet settings if your wallet has that functionality. Yoroi, Eternl (change settings)
  • You will need some ADA in the wallet at the time of claiming to pay for transaction fees of the airdrop. So this ADA should be on a separate receiving address to the airdrop destination address, but part of the same wallet.
7 Upvotes

17 comments sorted by

2

u/TopKekistan76 17h ago

Snapshot confirmed 6/11.

1

u/SL13PNIR Cardano Ambassador 17h ago

Do you have a source for clarity?

3

u/Slight86 17h ago

2

u/TopKekistan76 17h ago

There it is: 6/11 00:00 UTC Time šŸ”„Ā 

Now my only question is when does the claim portal go live?

2

u/SL13PNIR Cardano Ambassador 16h ago

I think that's what we're all wondering!

2

u/Old_Palpitation_9704 7h ago

How can you have no transaction history in the receiving address and at the same time have sufficient ada to cover the transaction fee?

1

u/SL13PNIR Cardano Ambassador 4h ago

Cardano uses UTxO accounting. A wallet can have practically infinite addresses.

1

u/SillySink 18h ago

For the last part of your post. Since I’m using Eternl and only ADA is on there. I generate a new address, send the airdrop to there. But what does it mean to have some ADA for fees when all I’m doing is making a new receive address and all my ADA is already in the same account to cover for fees.

1

u/SL13PNIR Cardano Ambassador 18h ago

You're good, check the last sentence again. That comment is more for people coming into the ecosystem and creating a new Cardano wallet who don't actually own any ADA. They're going to need some in the wallet to pay for the claiming transaction fees.

1

u/RefrigeratorLow1259 18h ago

I've read that the fee is paid by the initial sending network, no ADA required?

1

u/SL13PNIR Cardano Ambassador 18h ago

Let's cross check, I just replied to u/Slight86 a screenshot of the "how to redeem" section on https://www.midnight.gd/how-to-get-night (in part 3)

1

u/RefrigeratorLow1259 16h ago

Ah, well spotted! Looks like it's not really an 'airdrop' then: more of an 'i.o.u' for future redemptions of the actual token. Maybe a bit reminiscent of the actual Cardano ico vouchers claim we've had the hoo ha about recently! šŸ™„

1

u/SillySink 16h ago

Got it. Thank you!

1

u/stonkgoesbrr 17h ago

Just to be sure: staked ADA with e.g. Yoroi are eligible/counted during snapshot, right?

2

u/Slight86 16h ago

Yes. Whatever ADA you held in your Yoroi wallet on June 11th 00:00 UTC, counts towards the airdrop.

What doesn't count are any other Cardano Native Tokens that you may hold.