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Details of the Cardano airdrop plan "Glacier Drop"
On May 15th, Charles Hoskinson, the founder of Cardano, announced the details of the "Glacier Drop" airdrop plan for the secure sidechain Midnight at the Consensus 2025 conference. This plan will distribute the governance Token NIGHT and the security Token DUST to 37 million users across 8 major public chains, completely excluding venture capital organizations, with all Tokens allocated for regular users.
Hoskinson introduced the "collaborative economy" model, allowing developers to use native Tokens like ETH and SOL to pay for cross-chain applications. This is also an opportunity for validators to earn income from cross-chain collaboration. The Midnight testnet has been launched and the mainnet is expected to be released by the end of 2025.
This airdrop is seen as a strategy to ease divisions in the industry and respond to the entry of major technology companies. The information is market-oriented and not investment advice.
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