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:
69.2% of the total supply (16,608,000,000 NIGHT) is unlocked at TGE, with the tokens split between Foundation and Community.
Midnight Network has a total supply of 24,000,000,000 NIGHT, of which 16,607,399,401 NIGHT (69.2% of total) is currently circulating.
Total length of the full Midnight Network emission schedule is 8 years, with 70.00% released in Year 1, while the remaining 4.47% is released over the following 7 years.
24.1% of the Midnight Network supply is allocated to community focused pools such as Glacier Drop, Reserve, Scavenger Mine, and Lost & Found.