OKX cryptocurrency alternate launches new airdrop marketing campaign for Cardano companion chain Midnight, providing a complete reward pool of 5 million to focused customers throughout Europe $NIGHT token.
The 7-day marketing campaign employs a trade-to-earn mannequin, rewarding customers primarily based on each their crypto holdings and buying and selling exercise. In accordance with the marketing campaign countdown, contributors have 5 days left to register and qualify for the promotion.
Eligible customers who full registration and meet the marketing campaign situations will routinely obtain a present day by day. $NIGHT Distribution of tokens throughout the promotional interval.
OKX combines asset holding and buying and selling actions
Not like conventional cryptocurrency airdrops that primarily reward pockets holders, OKX’s newest X Drops marketing campaign requires contributors to take care of eligible crypto belongings whereas actively buying and selling on the platform.
To qualify for the promotion, customers should:
- Maintain at the least EUR 500 ($571.85) price of eligible cryptocurrency belongings in your OKX account. Nearly all non-stablecoin cryptocurrencies are eligible.
- Please commerce the eligible digital forex pairs throughout the marketing campaign interval.
- Register for the X Drops marketing campaign earlier than the registration deadline.
If customers meet these situations, they may routinely be eligible to obtain a day by day quota from 5 million folks. $NIGHT You’ll be able to acquire the token reward pool with out submitting any extra claims.
Commerce-to-Earn Mannequin Rewards Lively Contributors
A key function of this marketing campaign is the Commerce-to-Earn mechanism, which determines rewards primarily based on every participant's buying and selling quantity, moderately than distributing an equal quantity to everybody.
OKX makes use of 7 days of rolling buying and selling quantity to calculate every consumer's share. Because of this, contributors who generate extra eligible buying and selling quantity obtain a bigger portion of the day by day buying and selling worth. $NIGHT Token rewards.
The alternate additionally presents extra incentives for buying and selling Midnight tokens themselves. Particularly, purchase all {qualifications}. $NIGHT Trades are weighted 5x when calculating rewards, permitting for lively buying and selling. $NIGHT Merchants can improve their share of day by day circulation.
As soon as calculated, rewards are routinely deposited into eligible customers' accounts day by day with out the necessity for handbook redemption.
First airdrop at midnight
The present OKX marketing campaign just isn’t Midnight's first large-scale token distribution.
of $NIGHT The token formally debuted by means of a multichain airdrop that rewards holders throughout eight blockchain networks, together with the XRP Ledger, Cardano, Solana, Ethereum, and Bitcoin. Customers with at the least $100 price of native belongings on eligible blockchains are eligible to obtain. $NIGHT allocation.
Midnight Basis has adopted a graduated redemption schedule. The allotted tokens might be unlocked in phases over 4 quarterly intervals, with 25% redeemable in every section.
The third redemption interval is at the moment in impact and runs from June 8, 2026 to September 5, 2026. The ultimate redemption interval is scheduled to happen from September 6 to December 4, 2026, throughout which eligible recipients will be capable of declare their allotted steadiness. $NIGHT token.
Within the meantime, $NIGHT is buying and selling at $0.027, down 11.22% within the final week and down 8.81% prior to now month. The market capitalization is $459.97 million, $NIGHT It’s ranked because the 81st largest token on CoinMarketCap.
