[Breaking Dec 9] Binance Alpha New Project ‘Midnight’ Officially Launches: Why Is It This Month’s “Golden Shovel”?

Bottom Line Up Front (BLUF): Just today (December 9), the highly anticipated compliant privacy public chain, Midnight, officially landed on the Binance Alpha project watchlist. According to the newly disclosed whitepaper, Midnight breaks the “privacy coins are dead” curse by introducing a revolutionary NIGHT (Asset) + DUST (Gas) dual-token model. Most importantly, its “Glacier Drop” airdrop plan covers users across 8 major networks, including Bitcoin, Ethereum, and Solana. Registering on Binance now and positioning yourself is the best timing to capture this Alpha.

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Why Is the December 9th Node So Important?

In the crypto market, “Early” is everything.

I have long tracked Binance’s listing logic and found a pattern: Projects listed on Binance Alpha or early research radars have a probability of over 70% of landing on Launchpool within 3-6 months.

Midnight chose December 9 to release a major update and its whitepaper, sending two clear signals:

1. Technology is Ready: It is not just a concept; its unique “Token-Generates-Resource” model has completed theoretical verification¹.
2. Capital is Entering: Launching at this time means institutional funds are beginning to position themselves for the year-end market trends.

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The Real “Golden Shovel” Mechanism: The Symbiosis of NIGHT and DUST

Many influencers fail to explain Midnight’s core logic clearly. Based on my study of the 45-page whitepaper, its Gas fee mechanism is completely different from Ethereum, which is exactly where its investment value lies.

Feature	NIGHT (Governance Token)	DUST (Network Resource)
Total Supply	24 Billion 2	Unlimited, but limited by NIGHT generation speed 3
Core Function	Generates DUST like a “Turbine” 4	Consumed like “Electricity” for Gas 5
Transferability	Yes (Circulates globally) 6	No (Bound to address, prevents hoarding) 7
Value Capture	Very High (Holding = Mining)	Consumable (Decays over time) 8

Expert Interpretation: This design means whales cannot manipulate the market by hoarding Gas fees. If you sell NIGHT, the DUST in your wallet will gradually decay to zero⁹. This ensures the network is never clogged by exorbitant Gas fees, making it highly suitable for high-frequency enterprise applications.

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Must-Read for Airdrop Hunters: Glacier Drop & Scavenger Mine Strategy

This is the core wealth code of the entire article. According to the whitepaper disclosure, Midnight’s token distribution is not just for Cardano users; it is a network-wide party.

Phase 1: Glacier Drop – 60-Day Window ¹⁰

This is not an ordinary airdrop; it is a “Vampire Attack” covering the entire network.

• Who is Eligible? The snapshot includes not only ADA holders but also explicitly users of Bitcoin, Ethereum, Solana, XRPL, BNB Chain, Avalanche, and even the Brave Browser (BAT)¹¹.
• Threshold: As long as you held more than $100 equivalent of the native tokens mentioned above at the time of the snapshot, you may already be eligible¹².
• How to Claim: This is not automatically airdropped! You need to go to the official website to perform a “Sign Message” verification to claim your share¹³.

Phase 2: Scavenger Mine – 30-Day Window ¹⁴

What if you missed the snapshot? Don’t worry, Midnight designed the Scavenger Mine.

• What is it? This is a phase open to everyone. You don’t need to hold any coins; you only need to contribute computing power to solve Computational Tasks¹⁵.
• Reward Source: Those NIGHT tokens unclaimed in Phase 1 (Glacier Drop) will all flow into this pool to be “mined” by everyone¹⁶. This is an extremely fair PoW (Proof of Work) segment.

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December 9 Emergency Action Plan

If you are reading this article, please execute the following operations immediately. Do not wait until tomorrow:

Step 1: Register/Prepare a Binance Account

As a Binance Alpha project, the greatest liquidity for NIGHT tokens in the future will likely appear first on Binance. If you don’t have an account yet, or need a new backup account specifically for operating Alpha projects (funding isolation is recommended for safety), please use the exclusive link below.

👉 Click Here to Register on Binance (Enjoy Max Rebates & Alpha Qualification)

(Using this link ensures you have a compliant participating account when this Alpha project officially launches on IEO)

Step 2: Check Airdrop Eligibility

Visit the Midnight official website or Alpha page and connect your MetaMask / Phantom / Daedalus wallet.

• Tip: Even if you are an ETH user, you need to prepare an unused Cardano address to receive the final NIGHT tokens¹⁷.

Step 3: Watch the Timeline

• Glacier Drop: Open now, lasts for 60 days¹⁸.
• Mainnet Launch & Unlocking: After claiming, tokens enter a “Redemption Period” and are released gradually over 360 days after the mainnet launch¹⁹. This is a forced “Diamond Hand” mechanism to prevent dumping at opening.

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FAQ: Frequently Asked Questions About Midnight

To help everyone understand quickly, I have compiled the most asked questions from the community, with answers based on the official whitepaper.

Q: Which chains are included in Midnight’s airdrop (Glacier Drop)?

A: According to the official Midnight whitepaper, the Glacier Drop snapshot targets not only Cardano but also users of Bitcoin, Ethereum, Solana, XRPL, BNB Chain, Avalanche, and Brave Browser20. As long as you hold more than $100 equivalent of native tokens at the snapshot, you qualify21.

Q: What is the total supply of NIGHT tokens?

A: The total supply of NIGHT tokens is 24 Billion22. These tokens will be minted on Cardano and mirrored on the Midnight mainnet23.

Q: Can I hoard DUST tokens and wait for appreciation?

A: No. According to the whitepaper design, DUST is a non-transferable and Decaying Resource24. It must exist attached to NIGHT and is primarily used to pay transaction fees; it does not function as a store of value25.

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