Redeeming Midnight NIGHT: Four Tranches, a Randomised Start Day and the 4 December 2026 Deadline

Anyone who claimed NIGHT in the Glacier Drop of Cardano's privacy network Midnight does not get the tokens in one go, and not automatically. The allocation thaws over 360 days in four equally sized tranches, and every single one of them has to be collected by you through a portal. The schedule ends on 4 December 2026. A 90-day grace period follows, then the portal closes. Nothing happens by itself before then. In English there is next to nothing on this deadline. We therefore read Midnight's own two sources and checked the schedule against an independent report. This piece tells you what unlocks when, what you need in order to redeem, where the official documentation stays silent and why that particular gap matters to you. What redeeming NIGHT means, and why nothing happens by itself Redemption describes the process by which an already allocated token entitlement is turned into holdings actually available in your wallet. The entitlement has existed since the claim; the holding only comes into being through your transaction. That is the distinction most holders read straight past. The claim was the registration: by 20 October 2025, anyone wanting to claim NIGHT from one of the eligi...