OKX cryptocurrency trade 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 based mostly on each their crypto holdings and buying and selling exercise. In response to the marketing campaign countdown, members have 5 days left to register and qualify for the promotion.
Eligible customers who full registration and meet the marketing campaign situations will robotically obtain a present each day. $NIGHT Distribution of tokens in the course of 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 members to keep up eligible crypto property whereas actively buying and selling on the platform.
To qualify for the promotion, customers should:
- Maintain no less than EUR 500 ($571.85) price of eligible cryptocurrency property in your OKX account. Nearly all non-stablecoin cryptocurrencies are eligible.
- Please commerce the eligible digital foreign money pairs in the course of the marketing campaign interval.
- Register for the X Drops marketing campaign earlier than the registration deadline.
If customers meet these situations, they are going to robotically be eligible to obtain a each day quota from 5 million individuals. $NIGHT You possibly can receive the token reward pool with out submitting any extra claims.
Commerce-to-Earn Mannequin Rewards Energetic Contributors
A key characteristic of this marketing campaign is the Commerce-to-Earn mechanism, which determines rewards based mostly on every participant’s buying and selling quantity, fairly than distributing an equal quantity to everybody.
OKX makes use of 7 days of rolling buying and selling quantity to calculate every person’s share. Because of this, members who generate extra eligible buying and selling quantity obtain a bigger portion of the each day buying and selling worth. $NIGHT Token rewards.
The trade additionally gives 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 each day circulation.
As soon as calculated, rewards are robotically deposited into eligible customers’ accounts each day with out the necessity for guide redemption.
First airdrop at midnight
The present OKX marketing campaign is just not Midnight’s first large-scale token distribution.
of $NIGHT The token formally debuted by a multichain airdrop that rewards holders throughout eight blockchain networks, together with the XRP Ledger, Cardano, Solana, Ethereum, and Bitcoin. Customers with no less than $100 price of native property on eligible blockchains are eligible to obtain. $NIGHT allocation.
Midnight Basis has adopted a graduated redemption schedule. The allotted tokens can be unlocked in phases over 4 quarterly durations, with 25% redeemable in every section.
The third redemption interval is presently 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 to declare their allotted stability. $NIGHT token.
Within the meantime, $NIGHT is buying and selling at $0.027, down 11.22% within the final week and down 8.81% up to now month. The market capitalization is $459.97 million, $NIGHT It’s ranked because the 81st largest token on CoinMarketCap.
