Full Midnight Network tokenomics breakdown: NIGHT token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Key questions and answers about Midnight Network tokenomics.
Midnight Network has 1 primary token utilities:
Midnight Network token distribution allocates 24,000,000,000 NIGHT across 2 primary stakeholder groups:
NIGHT uses variable cliffs and vesting schedules that change depending on the allocation:
53.7% of the total supply (12,895,200,000 NIGHT) is unlocked at TGE, with the entire unlock going to Foundation.
Midnight Network has a total supply of 24,000,000,000 NIGHT, of which 14,195,478,475 NIGHT (59.1% of total) is currently circulating.
Total length of the full Midnight Network emission schedule is 6 years, with 70.83% released in Year 1, while the remaining 23.20% is released over the following 5 years.
40.3% of the Midnight Network supply is allocated to community focused pools such as Reserve, Glacier Drop, Lost & Found, and Scavenger Mine.